When was the World Bank Debtor reporting system established?
VI. The World Bank Debtor Reporting System (DRS) was established in 1951. This The World Bank Debtor Reporting System (DRS) was established in 1951. This well as definitions of the terms and concepts employed. Specifically: well as definitions of the terms and concepts employed. Specifically: Publicly Guaranteed. Guaranteed.
What data does the World Bank collect?
The collected data is essential to the World Bank’s operational and analytical work. Operationally, the World Bank’s lending activities demand detailed and timely data on the debt servicing capacity and overall financial situation of a country, such as the Debt Sustainability Analysis (DSA) and the Debt Management Performance Assessment (DeMPA).
How does the World Bank report external liabilities?
Since 1951, when the World Bank began lending to member countries for reconstruction and development, borrowing countries have been required to report detailed information on their external liabilities through the World Bank’s Debtor Reporting System.
What is the purpose of the International Debt Statistics publication?
The data are published annually in summary form in the International Debt Statistics publication. The detailed data are used by Bank staff in assessing the ability of countries to service outstanding debt and to support future external borrowing, in making economic projections, and in the analysis of a country’s overall economic position.
Debtor versus creditor principle of interest recording in
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