Fiscal sustainability analysis is an important component of macroeconomic analysis for many developing countries. To further enhance understanding of fiscal policy and the constraints faced by policy makers, we develop a toolkit for fiscal sustainability analysis (FSA) in middle-income countries, which builds on previous work in this area and on new developments in dealing with uncertainty. The FSA toolkit includes an excel-based FSA tool and a technical manual accompanying it. The FSA tool is standardized and simple, but at the same time flexible enough to allow for user-defined country specifics. This manual provides step-by-step technical instructions for running the FSA tool, and includes mathematical appendices and a glossary.
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