Even before the onset of the coronavirus pandemic in early 2020, a resurgence in debt stress among low-income countries (LICs) was evident. Helping countries achieve debt and fiscal sustainability will be critical for them to recover from the pandemic, and to build up the resilience to weather the next crisis.

The Independent Evaluation Group has undertaken a portfolio of evaluations focused on interrelated macroeconomic and macro-financial issues. Taken together, they aim to capture lessons from the past decade and present a fuller picture of how the World Bank Group can improve its support for client countries – and lower income countries in particular – to build greater fiscal and financial sector resilience.  

Evaluative evidence and IEG resources related to macroeconomics and debt sustainability can be viewed below.

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