Sustainable Lending Principles and Guidelines (OECD)
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Sustainable Lending Principles and Guidelines (OECD)
As part of the international efforts at securing sustainability of developing countries' debt and preventing new debt traps, Czech republic accepted the OECD Guidelines to Promote Sustainable Lending. The guidelines stipulate that limits of external debt set by WB (World Bank) and IMF (International Monetary Fund) must be observed in state supported export financing to selected low-income countries with public sector involvement.