Credit Rating Stylized Analytical Tool

The World Bank has developed a technical assistance (TA) package to assist governments in improving the management of explicit and implicit contingent liabilities from public corporations. It includes an evaluation of the credit risk that accrues to the central government when public corporation fails to meet its financial obligations to lenders. This evaluation is facilitated by the Credit Rating Tool to Assess and Quantify Credit Risk from Public Corporations. The tool involves scoring risk factors and aggregating the scores into a credit rating.