EMTA SPECIAL SEMINAR: ASSESSING PUBLIC DEBT SUSTAINABILITY
Thursday, July 10, 2014
360 Madison Avenue, 17th Floor
(on 45th St. between Madison and 5th Aves.)
11:45 a.m. – Registration
12:00 noon – 1:30 p.m. Presentations
Lunch will be provided
The global financial crisis and more recent developments have exposed not only significant debt vulnerabilities, but also gaps in the analytical capacity to assess and foresee such risks. The IMF will present its new framework for assessing public debt sustainability in advanced and Emerging Market economies. IMF representatives, Said Bakhache and Suchanan Tambunlertchai, will present the key features of the new framework, and do a live demo of the newly-developed template based on a real country example to construct different debt scenarios. They will also prepare fan charts and a heat map to assess debt vulnerabilities.
This new framework for debt sustainability analysis for market access countries (MAC DSA) introduces new tools to scrutinize debt sustainability from several different perspectives. In addition to evaluating debt trajectories, the new framework assesses the solvency and liquidity risks by comparing the public debt, financing needs, and liquidity indicators to early warning benchmarks intended to flag potential vulnerabilities at an early stage. The new framework is designed to be flexible and practical, while emphasizing clarity and transparency.
For further information on the MAC DSA:
To download the new IMF Public DSA toolkit:
To learn more about the IMF’s debt sustainability framework, please refer to the Guidance Note on the MAC DSA:
For the PowerPoint presentation Click Here.
Attendance is US$75 for EMTA Members / US$695 for non-members / Credentialed Media Complimentary.