The International Monetary Fund and World Bank’s Low-Income Country Debt Sustainability Framework is central to how the international community assesses debt risks and guides lending decisions in the world’s poorest countries. Its latest revision seeks to respond to an increasingly complex global debt landscape, raising important questions about how debt sustainability is defined, measured and managed.
Plamen Iossifov, deputy division chief of debt policy in the strategy and policy review department at the IMF and Mellany Pintado, senior economist at the World Bank, join Udaibir Das, vice chair at OMFIF, to discuss the revised framework, what has changed and why.
