Chad: Joint Bank-Fund Debt Sustainability Analysis, 2018 Update
Following the restructuring of the debt to Glencore and the progress made in clearing external arrears, debt vulnerabilities declined significantly, and the external risk rating has been upgraded to high. The debt sustainability analysis (DSA) shows that all debt burden indicators, except the debt-s...
Gespeichert in:
Körperschaft: | |
---|---|
Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
The World Bank
2018
|
Schriftenreihe: | World Bank E-Library Archive
|
Online-Zugang: | kostenfrei |
Zusammenfassung: | Following the restructuring of the debt to Glencore and the progress made in clearing external arrears, debt vulnerabilities declined significantly, and the external risk rating has been upgraded to high. The debt sustainability analysis (DSA) shows that all debt burden indicators, except the debt-service-to-revenue ratio which has minor and temporary breaches, are below their respective thresholds in the baseline from 2018 onwards. The debt-service-to-revenue ratio, falls below the threshold in 2019 and remains so throughout the projection period, except for minor breaches in 2020 and 2021. Overall, total public debt vulnerabilities are elevated although the present value (PV) of the public debt-to- gross domestic product (GDP) ratio remains on a downward trajectory. The fixed primary balance scenario, which keeps the primary deficit-to-GDP ratio unchanged from 2017, shows the debt ratio declining at a slower pace throughout the forecast period, further highlighting the need to adhere to the prudent fiscal policy framework underpinning the International Monetary Fund (IMF)-supported program. Adoption and implementation of an appropriate debt management strategy, while making progress in economic diversification will further reduce vulnerabilities |
Beschreibung: | 1 Online-Ressource |
DOI: | 10.1596/30522 |
Internformat
MARC
LEADER | 00000nmm a2200000zc 4500 | ||
---|---|---|---|
001 | BV048271649 | ||
003 | DE-604 | ||
007 | cr|uuu---uuuuu | ||
008 | 220609s2018 |||| o||u| ||||||eng d | ||
024 | 7 | |a 10.1596/30522 |2 doi | |
035 | |a (ZDB-1-WBA)NLM01112573X | ||
035 | |a (OCoLC)1334028221 | ||
035 | |a (DE-599)GBVNLM01112573X | ||
040 | |a DE-604 |b ger |e rda | ||
041 | 0 | |a eng | |
049 | |a DE-12 |a DE-521 |a DE-573 |a DE-523 |a DE-Re13 |a DE-19 |a DE-355 |a DE-703 |a DE-91 |a DE-706 |a DE-29 |a DE-M347 |a DE-473 |a DE-824 |a DE-20 |a DE-739 |a DE-1043 |a DE-863 |a DE-862 | ||
110 | 2 | |a International Development Association |e Verfasser |4 aut | |
245 | 1 | 0 | |a Chad |b Joint Bank-Fund Debt Sustainability Analysis, 2018 Update |
264 | 1 | |a Washington, D.C |b The World Bank |c 2018 | |
300 | |a 1 Online-Ressource | ||
336 | |b txt |2 rdacontent | ||
337 | |b c |2 rdamedia | ||
338 | |b cr |2 rdacarrier | ||
490 | 0 | |a World Bank E-Library Archive | |
520 | |a Following the restructuring of the debt to Glencore and the progress made in clearing external arrears, debt vulnerabilities declined significantly, and the external risk rating has been upgraded to high. The debt sustainability analysis (DSA) shows that all debt burden indicators, except the debt-service-to-revenue ratio which has minor and temporary breaches, are below their respective thresholds in the baseline from 2018 onwards. The debt-service-to-revenue ratio, falls below the threshold in 2019 and remains so throughout the projection period, except for minor breaches in 2020 and 2021. Overall, total public debt vulnerabilities are elevated although the present value (PV) of the public debt-to- gross domestic product (GDP) ratio remains on a downward trajectory. The fixed primary balance scenario, which keeps the primary deficit-to-GDP ratio unchanged from 2017, shows the debt ratio declining at a slower pace throughout the forecast period, further highlighting the need to adhere to the prudent fiscal policy framework underpinning the International Monetary Fund (IMF)-supported program. Adoption and implementation of an appropriate debt management strategy, while making progress in economic diversification will further reduce vulnerabilities | ||
710 | 2 | |a International Development Association |4 oth | |
856 | 4 | 0 | |u https://doi.org/10.1596/30522 |x Verlag |z kostenfrei |3 Volltext |
912 | |a ZDB-1-WBA | ||
943 | 1 | |a oai:aleph.bib-bvb.de:BVB01-033651844 |
Datensatz im Suchindex
_version_ | 1812671792997728256 |
---|---|
adam_text | |
adam_txt | |
any_adam_object | |
any_adam_object_boolean | |
author_corporate | International Development Association |
author_corporate_role | aut |
author_facet | International Development Association |
author_sort | International Development Association |
building | Verbundindex |
bvnumber | BV048271649 |
collection | ZDB-1-WBA |
ctrlnum | (ZDB-1-WBA)NLM01112573X (OCoLC)1334028221 (DE-599)GBVNLM01112573X |
discipline | Wirtschaftswissenschaften |
discipline_str_mv | Wirtschaftswissenschaften |
doi_str_mv | 10.1596/30522 |
format | Electronic eBook |
fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>00000nmm a2200000zc 4500</leader><controlfield tag="001">BV048271649</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="007">cr|uuu---uuuuu</controlfield><controlfield tag="008">220609s2018 |||| o||u| ||||||eng d</controlfield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.1596/30522</subfield><subfield code="2">doi</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-1-WBA)NLM01112573X</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)1334028221</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)GBVNLM01112573X</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-12</subfield><subfield code="a">DE-521</subfield><subfield code="a">DE-573</subfield><subfield code="a">DE-523</subfield><subfield code="a">DE-Re13</subfield><subfield code="a">DE-19</subfield><subfield code="a">DE-355</subfield><subfield code="a">DE-703</subfield><subfield code="a">DE-91</subfield><subfield code="a">DE-706</subfield><subfield code="a">DE-29</subfield><subfield code="a">DE-M347</subfield><subfield code="a">DE-473</subfield><subfield code="a">DE-824</subfield><subfield code="a">DE-20</subfield><subfield code="a">DE-739</subfield><subfield code="a">DE-1043</subfield><subfield code="a">DE-863</subfield><subfield code="a">DE-862</subfield></datafield><datafield tag="110" ind1="2" ind2=" "><subfield code="a">International Development Association</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Chad</subfield><subfield code="b">Joint Bank-Fund Debt Sustainability Analysis, 2018 Update</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Washington, D.C</subfield><subfield code="b">The World Bank</subfield><subfield code="c">2018</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="0" ind2=" "><subfield code="a">World Bank E-Library Archive</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">Following the restructuring of the debt to Glencore and the progress made in clearing external arrears, debt vulnerabilities declined significantly, and the external risk rating has been upgraded to high. The debt sustainability analysis (DSA) shows that all debt burden indicators, except the debt-service-to-revenue ratio which has minor and temporary breaches, are below their respective thresholds in the baseline from 2018 onwards. The debt-service-to-revenue ratio, falls below the threshold in 2019 and remains so throughout the projection period, except for minor breaches in 2020 and 2021. Overall, total public debt vulnerabilities are elevated although the present value (PV) of the public debt-to- gross domestic product (GDP) ratio remains on a downward trajectory. The fixed primary balance scenario, which keeps the primary deficit-to-GDP ratio unchanged from 2017, shows the debt ratio declining at a slower pace throughout the forecast period, further highlighting the need to adhere to the prudent fiscal policy framework underpinning the International Monetary Fund (IMF)-supported program. Adoption and implementation of an appropriate debt management strategy, while making progress in economic diversification will further reduce vulnerabilities</subfield></datafield><datafield tag="710" ind1="2" ind2=" "><subfield code="a">International Development Association</subfield><subfield code="4">oth</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://doi.org/10.1596/30522</subfield><subfield code="x">Verlag</subfield><subfield code="z">kostenfrei</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-1-WBA</subfield></datafield><datafield tag="943" ind1="1" ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-033651844</subfield></datafield></record></collection> |
id | DE-604.BV048271649 |
illustrated | Not Illustrated |
index_date | 2024-07-03T20:00:06Z |
indexdate | 2024-10-12T04:02:12Z |
institution | BVB |
language | English |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-033651844 |
oclc_num | 1334028221 |
open_access_boolean | 1 |
owner | DE-12 DE-521 DE-573 DE-523 DE-Re13 DE-BY-UBR DE-19 DE-BY-UBM DE-355 DE-BY-UBR DE-703 DE-91 DE-BY-TUM DE-706 DE-29 DE-M347 DE-473 DE-BY-UBG DE-824 DE-20 DE-739 DE-1043 DE-863 DE-BY-FWS DE-862 DE-BY-FWS |
owner_facet | DE-12 DE-521 DE-573 DE-523 DE-Re13 DE-BY-UBR DE-19 DE-BY-UBM DE-355 DE-BY-UBR DE-703 DE-91 DE-BY-TUM DE-706 DE-29 DE-M347 DE-473 DE-BY-UBG DE-824 DE-20 DE-739 DE-1043 DE-863 DE-BY-FWS DE-862 DE-BY-FWS |
physical | 1 Online-Ressource |
psigel | ZDB-1-WBA |
publishDate | 2018 |
publishDateSearch | 2018 |
publishDateSort | 2018 |
publisher | The World Bank |
record_format | marc |
series2 | World Bank E-Library Archive |
spellingShingle | Chad Joint Bank-Fund Debt Sustainability Analysis, 2018 Update |
title | Chad Joint Bank-Fund Debt Sustainability Analysis, 2018 Update |
title_auth | Chad Joint Bank-Fund Debt Sustainability Analysis, 2018 Update |
title_exact_search | Chad Joint Bank-Fund Debt Sustainability Analysis, 2018 Update |
title_exact_search_txtP | Chad Joint Bank-Fund Debt Sustainability Analysis, 2018 Update |
title_full | Chad Joint Bank-Fund Debt Sustainability Analysis, 2018 Update |
title_fullStr | Chad Joint Bank-Fund Debt Sustainability Analysis, 2018 Update |
title_full_unstemmed | Chad Joint Bank-Fund Debt Sustainability Analysis, 2018 Update |
title_short | Chad |
title_sort | chad joint bank fund debt sustainability analysis 2018 update |
title_sub | Joint Bank-Fund Debt Sustainability Analysis, 2018 Update |
url | https://doi.org/10.1596/30522 |
work_keys_str_mv | AT internationaldevelopmentassociation chadjointbankfunddebtsustainabilityanalysis2018update |