As of March 8, 2021, more than 60 percent of the eligible countries have made requests for the debt service suspension. The overall amount of relief depends on how many countries request to benefit from the DSSI.How much debt service relief will be provided? Sustainability on a country-by-country basis. Help by providing more time to properly assess and address debt Before the onset of the COVID-19 crisis, debt vulnerabilities hadīecome elevated in many IDA countries, with more than 50 percent beingĬlassified as either in or at high risk of debt distress. The DSSI helps address immediate liquidity needs but does not mean thatĮxisting debt sustainability problems in some of these countries will be.They can instead use to mitigate the human and economic impact of the It is a way to temporarily ease theįinancing constraints for these countries and free up scarce money that Payments from the poorest countries (73 low- and lower middle-incomeĬountries) that request the suspension. Official creditors are, during a limited period, suspending debt service
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