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Definition: |
A set of policies is sustainable if a borrower is expected to be able to continue servicing its debt without an unrealistically large future correction to the balance of income and expenditure.
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Source
Publication: |
IMF, 2007, Manual on Fiscal Transparency, IMF, Washington DC, Glossary.
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Statistical
Theme: Financial statistics |
Created
on Monday, July 23, 2007 |
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