One of the highlights of the just concluded International Monetary Fund (IMF) and World Bank Spring Meetings in Washington, DC, was the announcement that the two Bretton Woods lenders are working to review the DSA framework for low-income countries within the next two years.
“We are in the process of reviewing the Debt Sustainability Analysis framework for low-income countries but more critically we issued guidance last year (2023) on how to share information in the context of debt restructuring,” said IMF Deputy General Counsel Yan Liu during a session themed ‘Understanding Sovereign Debt in Africa’.
