01693cas a2200241 a 4500 AALejournalIMF019957 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498336253 2663-3493 BD-DhAAL BD-DhAAL International Monetary Fund. Changing Patterns in Low-Income Country Financing and Implications for Fund Policies on External Financing and Debt. Washington, D.C. : International Monetary Fund, 2009. 1 online resource (49 pages) Policy 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 Low-income countries (LICs) face significant challenges in meeting their development objectives while maintaining a sustainable debt position. The international community's main answer to this dilemma has been to promote recourse to concessional external resources. The Fund's recommendations to LICs conform to this preference: the practice in Fund-supported programs in LICs has generally been to set zero limits on nonconcessional external borrowing while not restricting concessional financing, although flexibility has been applied on a case-by-case basis to allow some nonconcessional borrowing when warranted. Mode of access: Internet Policy Papers; Policy Paper ; No. 2009/015 Full text available on IMF http://elibrary.imf.org/view/journals/007/2009/015/007.2009.issue-015-en.xml IMF e-Library