01793cas a2200241 a 4500 AALejournalIMF003190 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451857771 1018-5941 BD-DhAAL BD-DhAAL Sun, Yan. External Debt Sustainability in HIPC Completion Point Countries / Yan Sun. Washington, D.C. : International Monetary Fund, 2004. 1 online resource (34 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper examines a number of structural factors affecting the external debt sustainability of HIPC completion point countries. It shows that (i) while comparing favorably with other lowincome countries, the policy and institutional frameworks of completion point countries in general are still relatively weak, and their debt management practices remain inferior to international standards; and (ii) their export base remains narrow and fiscal revenue mobilization lags behind, even compared with many other low-income countries. Achieving and maintaining long-term debt sustainability in completion point countries will require continued structural reforms, timely donor support, and close monitoring of new borrowing in support of sound macroeconomic policies. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2004/160 Full text available on IMF http://elibrary.imf.org/view/journals/001/2004/160/001.2004.issue-160-en.xml IMF e-Library