In low-income developing countries (LIDCs), fiscal risks are generally modest, although debt ratios have increased significantly in a few cases.
The recent Ebola outbreak is producing severe strains and disruptions to the budgets of the affected countries.
The challenge for LIDCs remains to scale up the provision of essential public services and growth-enhancing investment in a manner compatible with a sustainable fiscal path. To this end, revenue mobilization through tax policy and administration reforms, and careful expenditure prioritization,are key policy priorities as is strengthening fiscal governance, especially for the growing number of LIDCs that are gaining access to global financial markets.