Within
HIPC, the first evaluation of a country’s debt situation is
based on whether or not the debt is sustainable or not, to see if
a country can or cannot afford to pay back its loans. The World
Bank and IMF evaluation is not based on whether a country can afford
to pay its debts after it has paid for basic social needs such as
health and education, but by the ratio between the amount of debt
compared to export levels. This means that debt sustainability analysis
concentrates on overall economic performance as criteria instead
of human needs.
Reports on Sustainability
Putting
Poverty Reduction First
The
Enhanced HIPC Initiative and the Achievement of Long-Term External
Debt Sustainability
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