Unification of Discount Rates Used in External Debt Analysis for Low-Income Countries.
This paper proposes reforms to the discount rates used by the Bank and the Fund to (a) calculate the present value (PV) of the external debt of low-income countries (LICs) in debt sustainability analyses (DSAs) and (b) to calculate the grant element of individual loans. Consistent with the conclusio...
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| Format: | Journal |
| Language: | English |
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Washington, D.C. :
International Monetary Fund,
2013.
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| Series: | Policy Papers; Policy Paper ;
No. 2013/026 |
| Online Access: | Full text available on IMF |