The World Bank and International Monetary Fund have approved reforms to their joint debt sustainability framework for low-income countries, responding to rising debt levels, greater commercial borrowing and reduced official development assistance. The first review since 2017 calls for stronger domestic-debt analysis, broader consideration of long-term challenges including climate change, refined measures of debt-carrying capacity, and improved forecasting stress tests and data transparency. The revised framework is expected to become operational in the second half of 2027.