Following the improvement in the country's Country Policy and Institutional Assessment rating, Lao P.D.R.'s risk of debt distress is reclassified from high to moderate, as all external debt distress indicators stay below policy dependent indicative thresholds during the forecasting period under baseline assumptions, although thresholds are breached in the presence of certain shocks. In addition, debt service ratios remain comfortably within the policy-dependent indicative thresholds even under stress conditions, due to the high level of concessionality of official borrowing. The new risk classification will have important implications for Lao P.D.R.'s borrowing capacity. While the composition of concessional funds is expected to be skewed away from grants and towards loans, the overall envelope of external resources available to the country should increase.
Detalhes
-
Data do documento
2012/08/31
-
TIpo de documento
Relatório da Diretoria Executiva
-
No. do relatório
72984
-
Nº do volume
1
-
Total Volume(s)
1
-
País
-
Região
-
Data de divulgação
2015/02/09
-
Disclosure Status
Disclosed
-
Nome do documento
Lao People's Democratic Republic - Joint IMF/World Bank debt sustainability analysis 2012
-
Palavras-chave
standard deviation;real gdp;external public debt;present value of debt;grace and maturity period;real exchange rate depreciation;Public and Publicly Guaranteed;public sector loans;public sector debt;risk of debt;gdp deflator;current account deficit;debt service ratio;debt dynamic;balance of payment;real interest rate;domestic public debt;policy and institution;Learning and Innovation Credit;export value;projection period;public debt sustainability;nominal interest rate;public debt dynamics;exchange rate risk;external debt indicator;price for energy;Market based economy;external debt policy;international reserve position;local government regulation;ratio of revenues;net present value;external debt stock;debt sustainability framework;nonfinancial public sector;large debt;annual average growth;external debt burden;debt management capacity;capitalization of state;commodity price shock;external debt sustainability;macroeconomic and fiscal;
- Exibir mais
Downloads
COMPLETAR RELATÓRIO
Versão oficial do documento (pode conter assinaturas, etc.)
- PDF oficial
- TXT*
- Total Downloads** :
- Download Stats
-
*A versão do texto é um OCR incorreto e está incluído unicamente em benefício de usuários com conectividade lenta.