Practice

SovTech

Open public infrastructure for sovereign finance.

Sovereign-debt analysis still depends heavily on opaque spreadsheets, fragmented data, and repetitive manual work. We build transparent, testable tools that carry more of that toil, so skilled professionals can spend their time on the analysis and judgment that matter.

Free to use. Open to inspect. Built to extend.

At the foundation of SovTech is free, open-source analytical infrastructure for sovereign debt. The core tools, methods, and standards we build with philanthropic support are published under permissive licenses so that ministries, international institutions, researchers, and advisors can inspect them, run them themselves, and build on them. The code lives at github.com/teal-insights.

Open licensing is a practical commitment, not a temporary free tier. Public releases can be self-hosted, modified, or maintained independently of Teal Insights. We aim to use open formats, documented methods, and clear exports so that adopting a tool does not trap an institution inside it.

Public infrastructure underneath. Expert work around it.

Open source does not mean that every engagement is free or every client project is public. Institutions can hire Teal Insights to adapt, integrate, deploy, maintain, or extend the public foundation. Paid work may include institutional deployment, private-data integration, custom modules, training, support, hosting, security, validation, and ongoing maintenance.

Clients pay for expert work and institution-specific value, not for permission to keep using a tool on which they have come to depend.

Why the model works

Philanthropic funding creates reusable infrastructure for the field. Open licensing reduces adoption risk and allows an ecosystem to grow. Paid institutional work supports the team that maintains the infrastructure and applies it to difficult real-world problems. A stronger public foundation makes Teal Insights more valuable; a durable Teal Insights makes the public foundation stronger.

Tools

Tool

Debt Projection Tool

Research preview · Open source

Project debt-to-GDP through 2031 for 170 economies under your own assumptions for growth, interest rates, the primary balance, and the exchange rate. A rebuild of the Financial Times' 2014 debt dynamics visualizer on the IMF's April 2026 World Economic Outlook, with the debt identity in the open and every default input carrying its source.

Intended users
Finance ministries, debt managers, researchers, advisors
Status
Research preview
Partner
NatureFinance
License
MIT
Deployment
Runs in the browser; a static build with no server
Validation
At reset, reproduces the WEO's own published debt-to-GDP path; each default input carries its origin: published, derived, or assumption
Services
Customization, integration, and methodology support available

Tool

Q-CRAFT Explorer

Research preview · Open source

Run the IMF's Quantitative Climate Risk Assessment Fiscal Tool (Q-CRAFT) without the spreadsheet: long-run projections of GDP, the fiscal balance, and debt under different climate scenarios for 175 countries through 2099. Cited in Uganda's Ministry of Finance interim report on embedding adaptation and resilience into the country's sovereign debt and credit profile.

Intended users
Finance ministries, fiscal risk units, researchers, advisors
Status
Research preview
Partner
NatureFinance
Based on
The IMF Fiscal Affairs Department's Q-CRAFT Excel tool
License
MIT
Deployment
Hosted web application; the open R source can also be run locally
Validation
Parity testing reproduces the IMF Excel workbook's outputs row for row on the Uganda country workbook (3,138 rows compared, zero deviation); the parity report ships with the source
Services
Institutional deployment, training, and methodology support available

Tool

Debt Swap Explorer

Research preview · Open source

Examine a debt-for-development swap from three seats at the table: what the country saves, what the funder buys, and what the investor gives up. The model starts from actual cash flows and makes the assumptions explicit.

Intended users
Finance ministries, funders, investors, advisors
Status
Research preview
License
MIT
Deployment
Runs in the browser; a static page with no build step
Validation
Reproduces the World Bank Debt Swap Calculator's published worked example line by line; the methodology page documents scope and limits
Services
Customization, integration, and methodology support available

Tool

Sovereign Prospectus Database

Live · MIT licensed

Search and read 9,774 sovereign bond prospectuses and related filings from SEC EDGAR, the Luxembourg Stock Exchange, the FCA National Storage Mechanism, and Georgetown's #PublicDebtIsPublic corpus. Filter by country, region, and income group; search full document text; or fork the open-source application and run your own copy.

Intended users
Finance ministries, investors, researchers, legal advisors
Status
Live
License
MIT
Deployment
Browser-based; fork the open repository and run your own copy
Validation
Every document carries its public source; corpus and ingestion code are published
Services
Institutional deployment, private-data integration, and support available

Data

Dataset

FX share of public debt

v0.1.5 · CC BY 4.0

The foreign-currency share of public debt, read from the debt sustainability analyses published in IMF staff reports: 167 values found across the 191-country roster, with the 24 misses recorded as gaps. Every value carries the report, the PDF hash, the page, and the table or figure it came from, so any number can be checked against its source in about a minute, by a person or an agent.

Intended users
Finance ministries, IMF and World Bank staff, researchers, advisors
Status
Published release; corrections ship signed, versioned, and in the open
License
CC BY 4.0 for the data, MIT for the code
Coverage
167 values across a 191-country roster, both DSA frameworks
Validation
Deterministic recompute on every release, a second AI model family following the published directions, seven signed corrections, and page-pinned provenance on every row. Two predeclared machine audits failed their own gates and are disclosed in full

Teal Insights is an independent, founder-owned, for-profit firm. Our current philanthropic funding supports open-source infrastructure for the field. Over time, paid research, advisory, implementation, and institutional services will help sustain the team and the ecosystem around that infrastructure.