Bhutan’s risk of overall and external debt distress is assessed as moderate, unchanged from the 2022 DSA. While the mechanical results point to a high risk of overall and external debt distress, with breaches in the thresholds for some indicators under the baseline scenario, judgement was applied given the unique mitigating factors. Most of the outstanding public and publicly-guaranteed debt is linked to hydropower project loans from the government...
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2024/08/31
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Board Report
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194272
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1
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2024/10/23
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Disclosed
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Bhutan - Joint World Bank-IMF Debt Sustainability Analysis
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World Bank.
Bhutan - Joint World Bank-IMF Debt Sustainability Analysis (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099102324111518795