Economic Policy and Debt

The Economic Policy and Debt Department (PRMED) is the unit within the World Bank's Poverty Reduction and Economic Management (PREM) Network responsible for the Bank's work on economic policy and financing for growth including growth analytics, national and sub-national fiscal policy, strategic debt issues, debt management, and related knowledge dissemination. PRMED also supports the Heavily Indebted Poor Countries (HIPC) Initiative implementation and crafts the Bank's position in the global debate on debt issues.

October 2009	The Debt Sustainability Framework to Become More Flexible for Low-Income Countries - [Interview]
October 2009	DeMPA Report: Solomon Islands - [Document]
October 2009	Debt Relief and Beyond: Lessons Learned and Challenges Ahead - [Overview]
September 2009	Central African Republic: Completion Point Document - [Document]
September 2009	HIPC At-A-Glance Guide (Fall 2009) [English] \| [French]
September 2009	Debt Relief and Continued Flexibility Alleviate the Debt Burdens of Poor Countries - [Overview]
September 2009	Heavily Indebted Poor Countries (HIPC) Initiative and Multilateral Debt Relief Initiative (MDRI) - Status of Implementation - [Document]
September 2009	Haiti Completion Point Document - [Document]
September 2009	The Debt Sustainability Framework to Become More Flexible for Low-Income Countries - [Overview]
August 2009	DeMPA Report: Mozambique - [English]
August 2009	Fiscal (and External) Sustainability - [Document]
August 2009	On the Probabilistic Approach to Fiscal Sustainability: Structural Breaks and Non-Normality - [Document]
August 2009	DeMPA Guide [French] and DeMPA Tool [French]
July 2009	DeMPA Guide [Arabic] and DeMPA Tool [Arabic]
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The debt management work program includes two components: the Debt Management Performance Assessment (DeMPA) tool and technical assistance in designing and implementing Medium-Term Debt Management Strategies (MTDS) ....more

Debt relief work relates to the implementation of the Heavily Indebted Poor Countries (HIPC) Initiative, the Multilateral Debt Relief Initiative (MDRI), and the administration of the Debt Reduction Facility (DRF) for IDA-only countries....more

This joint World Bank-IMF framework aims to support Low-Income Countries’ (LICs) efforts to achieve their development goals without creating future debt problems...more

Fiscal sustainability is a good starting point for the discussion of growth-oriented fiscal policy because unsustainable public finances inevitably lead to crises....more