I. Zero-NCB Limit Countries II. Non-zero NCB Limit Countries III. Other Debt Limits (No debt limits/Targeted debt limits) 6/

CountryGuiding debt limit

policy CountryGuiding debt limit

policy CountryGuiding debt limit

policy

CB limit: zero* (Jun-17) PV limit: US$ 1528.8M (Jun-17) A) No debt limitsCB limit: zero* (Dec-17) PV limit: US$ 2043.5M (Dec-17) Kenya IMF no limits n/a

CB limit: CFAF 8.8B* (Dec-17) PV limit: CFAF 402.8B (Jun-17) Moldova IMF no limits n/aCB limit: CFAF 6B* (Jun-18) PV limit: CFAF 402.8B (Dec-17)

Senegal IMF & WBG no limits n/aCB limit: US$ 235M* (Dec-17) Liberia IMF & WBG PV limit: US$ 140.7M (Jun-17)CB limit: US$ 70M* (Jun-18) Tanzania IMF & WBG no limits n/a

NCB limit: US$ 383M ‡ (Dec-17)Gambia, The IMF & WBG CB US$ 1234M*

NCB limit: US$ 383M ‡ (Jun-18) B) Targeted debt limitsCB limit: US$ 9.3M* (Jun-17) CB US$ 1620M*CB limit: US$ 18.6M* (Dec-17)

PV limit: CFAF 426B ‡ (Jun-17)PV limit: US$ 311M (Jun-17) PV limit: CFAF 426B ‡ (Dec-17)PV limit: US$ 311M (Dec-17)

Sierra Leone IMF & WBG PV limit: US$ 140M (Dec-17)CB limit: CFAF 350B* (Jun-17)CB limit: CFAF 350B* (Dec-17) Ethiopia WBG NCB limit: US$ 400M

CB limit: US$ 22M* (Jun-17)CB limit: US$ 22M* (Dec-17) Non-zero NCB on exceptional basis 5/

(high risk of debt distress countries)CB limit: CFAF 49.6B* (Jun-17)CB limit: CFAF 138B* (Dec-17) NCB limit: CFAF 540B ‡

CB limit: CFAF 100B*NCB limit: CFAF 315B ‡

Burundi WBG CB limit: CFAF 152B*Guinea WBGHaiti WBG Debt mngt: zero Kiribati WBG Projects: US$ 2250M ‡Maldives WBG GNPC: US$ 350M Debt mngt: zero Marshall Islands WBG CB: US$ 700M Projects: US$ 1534MMauritania WBG Debt mngt: zero GNPC: zeroMicronesia WBG Projects: US$ 2250M ‡ CB: zeroMozambique WBG GNPC: US$ 350MSamoa WBG CB: US$ 700MSouth Sudan WBGTajikistan WBGTuvalu WBG Burkina Faso WBG Loan-by-loan exceptionYemen, Republic of WBG Comoros WBG Loan-by-loan exception

Congo, Dem. Rep. WBG Loan-by-loan exceptionMalawi WBG Loan-by-loan exceptionSolomon Islands WBG Loan-by-loan exceptionTonga WBG Loan-by-loan exceptionVanuatu WBG Loan-by-loan exception

1/ Data are as indicated at the most recent published review.2/ IDA-only countries exclude countries in nonaccrual status (Eritrea, Somalia, Sudan, and Syria). 3/ Debt limits under IMF-supported programs are those applicable at the next test dates (including the year-end if available) or the last test date for programs that have no future test dates.

6/ This section refers to countries for which, in line with the DLP guidelines, no limits on external debt are required. However, targeted debt limits may be warranted where risks are not adequately covered by fiscal conditionality (see DLP guidance note, Section IV: http://www.imf.org/external/pp/longres.aspx?id=4960).* The limit on concessional borrowing under the IMF program is not program conditionality; however, it is still a commitment of the authorities under an IMF program and thus it is expected to be fully observed. † Fiscal year is July 1 to June 30.

(Dec-17)

Côte d'Ivoire IMF

IMF & WBGBenin

IMF & WBGMadagascar

IMF & WBGMali

IMF

Notes: International Development Association (IDA), Poverty Reduction and Growth Trust (PRGT), non-concessional borrowing (NCB); concessional borrowing (CB); present value (PV), calculated based on a discount rate of 5 percent ; state-owned enterprise (SOE).

4/ Utilized amounts are as of the dates indicated and may be preliminary. Numbers reported are not necessarily available borrowing space, as country authorities may already have entered into commitments, or the available space may already have been earmarked under the program for a specific project loan. WBG’s ceiling utilization is monitored annually. Country authorities should be consulted for more precise information.

5/ A non-zero NCB limit may be granted under exceptional circumstances (see IMF Debt Limits Policy guidance note, Section IV: http://www.imf.org/external/pp/longres.aspx?id=4960). This limit does not represent open room for borrowing in non-concessional terms as such limit is typically pre-committed for a debt management operation or a specific project(s).

IMF & WBGChad

São Tomé & Príncipe IMF & WBG

Togo IMF & WBG

Cameroon

(Mar-17)IMFGhana

(Sept-17)

(Mar-17)

Niger IMF & WBG

Kyrgyz Republic IMF & WBG Uganda

Guinea-Bissau IMF & WBG US$ 2.7M (Mar-17) Rwanda

NCB: US$ 10MCB: US$ 397M

(Dec-16)

(Dec-17)

(Jun-18)

(Dec-16)

Zero-limit on issuance of government guarantees †

IMF & WBG

IMF & WBGCFAF 246B (PV) (Dec-16)

Issuance of external debt by SOEs: US$ 500M ‡

(Jun-17) US$ 418M

(Mar-17) UGX 92B

Utilized (as of date) 4/

IMF & WBG zero (Mar-17)

List of IDA-only and PRGT-eligible Countries Subject to IMF/World Bank Group Debt Limits Conditionality 1/ 2/

Last update: October 21, 2017 (unless otherwise indicated)

Other limits (test date) 3/ Utilized (as of date) 4/ Type of debt limit (test date) 3/ Utilized (as of date) 4/ Limits (test date) 3/

Afghanistan IMF & WBG zero (Mar-17)

Central African Rep.