Investor Presentaiton
IMF Policy Advice and Authorities views
Fiscal consolidation
Debt dynamics improve
substantially under an
adjustment policies scenario.
Fiscal consolidation, restraint on
non-concessional borrowing,
and strengthened debt and
public investment management
capacities are needed to put
debt on a sustainable path.
Authorities views
•
●
The authorities broadly agreed with
the DSA assessment.
They will publish the Medium-Term
Debt Strategy which will guide
government borrowing, with a view to
ensuring that public debt remains at
sustainable levels.
• In this context, they will seek to
(i) maximize concessional loans and
(ii) strengthen parliamentary over-
sight of public borrowing through an
amendment to the Loans and
Guarantees Act.View entire presentation