Analyst Updates

Debt-Pro Strategy Analyst

This page enables Debt-Pro Strategy Analyst users to perform the following functions:

1. Download the most up-to-date version of the Strategy Analyst software.
2. Read the descriptions of the recent changes made in the software.

For further information on these topics, please contact us directly. Note that you can upgrade the Strategy Analyst software through this page only, if you already have a complete and functioning installation on your computer. Otherwise, the downloaded files will not function.

Click on the appropriate link to download the revised program:

Upgrade Files	Release Date
1. English - V2006.1 (1,362 Kb )	Jan-18-2006
2. French - V2004.2 ( 1,295 Kb )	Jul-19-2004
3. Spanish - V2004.2 ( 1,355 Kb )	Jul-19-2004
4. Portuguese - V2004.2 (1,259 kb)	Jul-20-2004
5. Russian - V2004.1 (1,373 Kb)	Jan-21-2004
Please contact us to obtain the latest passwords.

After downloading the file, double click on it, to initiate the upgrade process. Make sure that the proposed directory for the upgrade is the correct one based on your original installation. If necessary, adjust the proposed upgrade directory to point to the correct destination on your computer.

Changes made in Analyst Version 2006

Release Number	Date	Description - back to top
1	Jan-18-2006	The English edition of the new Version 2006 is now available. A list of the changes made in Version 2006 is included in the online help file. From the table of contents, see the section entitled "Changes Made in Version 2006". The non-English editions will also be released soon.

Changes made in Analyst Version 2004

Release Number	Date	Description - back to top
2	Jul-19-2004	Release 2 includes two minor modifications. 1. In the data input file (Debt sheet), the last month of the fiscal year is now entered in Cell C2. Until now, this information used to be entered in Cell B2. 2. In the Preferences box (item number 6), the available options for advancing the PV impacts to the Decision date was reduced to two. The first option (Keep as-is, Dynamic PV) does not advance the impacts. The second option (Advance impacts to the decision date) advances the PV impact of debt reduction operations to the decision date for all creditors.
1	Jan-21-2004	Version 2004 of Debt-Pro Strategy Analyst is now released. The installation CD file for this version is available for downloads (see File Downloads). The upgrade files are available from this page (see Upgrade Files). The key enhancements made in this version are: 1. Domestic debt contracted by entities other than the central government was incorporated into the analysis. Until now, only central government's domestic debt was included. For some countries where high levels of non-government domestic debt exists, especially with an implicit or explicit government guarantee, it is important to analyze the impact of these debts on the overall sustainability of debt. 2. Export and Append commands were added. These new commands allow users to merge assumptions made in different strategy files into their current strategy file. 3. Fill command was added to the Analyst Toolbar. This command allows users to fill up the new borrowing assumptions (the amounts borrowed) more quickly than before. 4. A new National Budget Report was added. This new report totally conforms to the IMF methodology used in their budgetary analysis. The old budget report, which did not conform to the format used by the IMF, was retained under a new title: Budget Financing Requirements. Users can now rely on either of these reports to complete their budgetary analysis. 5. A new option was added to the domestic borrowings allowing the users to simulate discount Treasury Bills. Until now, only par instruments could be simulated as part of the new borrowing scenarios. Through this new option, it is now possible to use either a fixed discount price, or a sale price profile that is varying over time. This enhancement is expected to substantially improve the quality and accuracy of the domestic debt analysis. 6. New sections were added and format improvements made in various output reports. Some of the data update screens were further improved.

Changes made in Analyst Version 2002

Release Number	Date	Description - back to top
2	Dec-17-2002	Some improvements were made in the Poverty Reduction reports, and a new External Assistance report was added.
1	Sep-10-2002	An error associated with the Buyback/Payback reorganization operation was corrected. When new debt was used for funding the cost of a buyback/payback operation, this new debt was not properly generated by the software. This function of the program was inadvertently blocked off during one of the earlier releases. Now, this function has been opened up, and the new debt associated with these operations are properly created.
	May-03-2002	Various changes were made in the software during the recent Mexico workshop. Most importantly, a new flag was added for automatically capitalizing interest payments on the reorganized debt without requiring an extra reorganization assumption. This change will somewhat simplify the strategy assumptions where deferrals and capitalizations are involved. In addition, the Sensitivity Reports were further enhanced.
	Apr-11-2002	Input format of the input data sheet, as well as the output reports associated with Poverty Reduction Analysis were modified to introduce some improvements in these analysis. The sample data files distributed as part of the upgrades shows the revised format of the input sheet. Please adjust your existing data sheets accordingly.

Changes made in Analyst Version 2000

Release Number	Date	Description - back to top
7	May-24-2002	This release represents the last release of the Version 2000 Analyst. This release will be frozen and no further changes will be introduced in it. All future changes will be implemented in the Version 2002. We urge all Analyst users who are currently using the Version 2000 to upgrade to this final release.
6	Jan-07-2002	A new option was added to the domestic debt new borrowing assumptions. This option allows the users to treat the new domestic debt created through these assumptions as existing debt and not new debt. The new option added to the Analyst facilitates the proper rolling over of the existing short-term domestic debt into future years, without creating a new disbursement. The program was also revised to calculate the implications of such roll-overs on the budget financing. If such a domestic debt category is terminated (redeemed) in a future year, a financing requirement will be generated for that year to payoff the principal of the debt. For other interim years, while the debt is being rolled over, only interest payments have an implication on the financing gap. This modification was requested by the World Bank.
	December 19, 2001	Release 6 introduces changes in two reports: 1. DSAREPS1-External Debt Reports. The existing BOP sheet was revised to introduce a new section (Section I). The new section I is used for capturing country-specific net flows that are not captured elsewhere and that are significant to the analysis. Up to three such indicators can be captured and displayed in the report. The labels of the new indicators are determined by the end-user and these lines will contain different information for different countries. In Addition, a new sheet named Finreq has been added to this report. The Finreq sheet shows the BOP financing requirements and financing sources for the country. This report is similar to the BOP except it is compiled on a cash basis (not accrued) and the presentation of the information is different. 2. DSAREPS2-Government Debt Reports. The existing Budget sheet of this report was modified to show the disaggregation (detailed line items) of various budget indicators. In the past, the budget items could be disaggregated in the input data sheet, but these details were not displayed in the Budget report. This capability has now been added, and the Analyst users can disaggregate each of the key budget lines, in a country-specific way. The labeling of the detail lines is country specific, the users determine what those labels should be based on the country specific requirements. Footnotes were added to the sample data file named Data_English.xls to describe how to use these new capabilities. Both changes were implemented in response to a request from the World Bank. Be sure to import your existing data files after upgrading to Release number 6. ��
5	October 10, 2001	The following changes were made in this release: Sensitivity Reports were improved. The maximum number of scenarios that can be evaluated in a single report was increased from 3 to 6. In addition, the previously separate steps for creating the sensitivity results and preparing the sensitivity reports were combined into a single command. The number of available options for advancing the Present Value reduction impacts was increased from 2 to 3. Until now, the existing option could be used to advance the impacts of multilateral debt reduction operations, to a user-selected prior date. The newly added third option allows the users to advance the Present Value impacts of all debt reduction operations. Minor enhancements were made in various reports, especially in the domestic debt reports.
5	September, 2001	The organization of the input data file was modified. Information on the poverty reduction indicators which were previously captured in the Macro sheet, sections 7 and 8, are now captured in a new separate sheet named Poverty. From now on, the Macro sheet will be used for capturing only the macro economic assumptions. This change was made to ease the practical aspects of data preparation process which usually involves multiple interdisciplinary work teams. As a result of this change, now different teams can work on their own separate data sheets independently. Note that both Macro and Poverty sheets are optional. In this new configuration, the Debt and Reference sheets are required.
4	September, 8 2001	The maximum number of creditors (external and domestic) that can be used in an Analyst input data file was increased from 100 to 160. As a result, the Sections 2 and 8 of your Reference sheets can each be expanded to include up to 160 creditors.
	July, 2001	Minor enhancements were made in the error and warning messages that are generated during the data import command.
	May 9, 2001	In Release 4, several important changes were made: 1. A new option was added to the Data-Import command. This option allows the Analyst users to choose between 1999 and 2000 formats when importing input data. The new option is intended to give flexibility to the users who prefer not to convert their existing data files to the 2000 format, immediately. This is a temporary option that will be removed after all Analyst data files are upgraded. The 2000 format has a number of improvements over the previous one. We highly recommend that all Analyst users convert their data files to this format, at their convenience. Chapter 6.2 of the Analyst Online Help describes how to do the conversion. It should take less than 5 minutes to convert a given Analyst file from 1999 to 2000 format. 2. A new Chart of Accounts feature was added to the Report Options dialog box. This feature makes selected accounts of the Analyst Chart of Accounts accessible to the end-users. Through this option, the users can now select the precise accounts they wish to include in two Analyst reports: Detail and Loan. Until now, the accounts included in these reports were fixed. They could not be changed by end-users. Now, based on their needs, prior to requesting a report, the users can choose from a list of 21 accounts. It is expected that, in the future, more accounts will be made accessible through this feature. Overall, the Analyst uses over 100 debt accounts. However, some of those accounts are only administrative, and not analytically significant. 3. The Sort options list of the Detail report was modified to add a new item: sort by Purpose of debt. This new option allows the Analyst users to create the Detail report sorted by the Purpose of debt. The new section which was recently added to the Summary report to show the Purpose breakdown of debt was removed. That was a temporary solution. From now on, the Detail report should be use for this purpose. 4. Options 15 through 17 of the Standard Debt Reorganization terms (the two phased debt reorganizations) were modified to incorporate the "topping up" procedure automatically, just like the other "single phased" options found in the same list. After applying the options 15 through 17, from the standard terms list, users do not need to make any adjustments to the terms any more. 5. The Special Topics sheet of the Summary report was modified to add a new summary section with the following breakdown: a) existing debt, b) debt created through new borrowing assumptions, and c) debt created through gap filling assumptions. This presentation of debt is frequently required. Therefore, it was decided to add it to the Summary report.
	April 02, 2001	A new section was added to the Reference sheet of the Analyst input file. This new section (Section 9) can be used optionally, for capturing the Purpose Classifications of debt. After entering the desired classification scheme in Section 9 of the Reference sheet, the Analyst users are now able to classify their existing loans by their purpose. This is done using the Column N of the Debt sheet. Section 9 of the reference sheet works similarly to the other sections in that data sheet (i.e. creditors, currencies, etc.). In addition to the input data file, the new borrowing assumptions window was also revised to allow the users to select a purpose code for the new loans. Finally, the Summary report was modified to add a new part that shows the purpose classification of debt, for both the existing and new debt categories. Currently, the Analyst users are able to define up to 10 purpose codes. In the future, based on user feedback this limit may be revised. The Loan report was modified to allow for two different sort options. Until now, the user could not select a sort option for this report The number of default years for reports was changed from 9 to 11. All report templates were revised to reflect this change. The rational for the new default is to obtain one year of historic/actual data, and 10 years of projected information, by default. The users have the option to change this default, if they wish, to a number between 1 and 51.
	March 14, 2001	A new line was added to the Analyst Report number 4, the IMFREPS report. You will see the new line, in row 43 of the BOP sheet. The new line shows the total amount of disbursements created as a result of the BOP Gap Financing assumptions indicated in your scenario. Until now, after the projections were performed and the BOP gap was filled, line 42 of the report showed zeros indicating that the gap was fully financed. Now, line 42 still shows this information, but the new line 43 reflects the amounts of the disbursements that were required to close the gap based on the scenario assumptions. The information in both lines should be quite useful to have.
3	March 02, 2001	Release 3 includes two new major enhancements and some minor improvements. The main enhancements are: (1) Sensitivity Analysis. This feature allows the results of various debt scenarios to be generated and reported in a single report. For example, the same debt strategy can be used in conjunction with various macro-economic scenarios, and the results of these combinations can be compared in a single report. (2) Poverty Reduction Scenarios. This feature allows the users to enter information on alternative poverty reduction expenditure programs/proposals, and then analyze the outcome of each alternative in light of the debt reduction scheme that is offered to the country within the framework of the HIPC Initiative. The poverty reduction expenditures can be disaggregated into 10 sectors/sub-sectors, and each sector can be analyzed separately. At this point, two scenarios are allowed: a baseline and an enhanced spending scenario. In the future, based on user feedback that we will receive, the number of the alternative scenarios may be increased.
2	February 07, 2001	Release 2 includes further enhancements in the online help facility, and in the sensitivity reports. In addition, it introduces a new Convert function that makes the process of converting Version 1999 strategy files into Version 2000 very easy and transparent. The new Convert command works with both IMF Version 1999 and Commercial Version 1999 strategy files. Through the use of Convert, any strategy file in these older formats are converted into Version 2000 instantly. We highly recommended that all current Analyst Version 2000.1 users upgrade to this release.
1	September 30, 2000	This is the first release of Version 2000. To see a complete list of the changes made in this version, compared to the Version 1999, click here. Note that a new installation is required to move from an existing Version 1999 to Version 2000. If you do not have the Version 2000 software installed on your computer, do not apply the Version 2000 upgrade files available from this page to your Version 1999 version software. If you have questions on how to upgrade to Version 2000, please contact us.

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