anise
Uploaded by
9 SLIDES
274 VUES
110LIKES

Enhancing Public Debt Management in Developing Countries: Key Challenges and Strategies

DESCRIPTION

This report discusses the critical issues of public debt management in developing countries, highlighting the importance of sound macroeconomic policies and the need for sustainable debt paths. It outlines key objectives such as minimizing debt costs, ensuring transparency, and establishing a robust institutional framework. The findings emphasize the significance of comprehensive debt strategies and efficient government securities markets. It also addresses implementation challenges, including fragmented responsibilities and the necessity for coordination with central banks. The report calls for international cooperation to improve governance and enhance the management of public debt.

1 / 9

Télécharger la présentation

Enhancing Public Debt Management in Developing Countries: Key Challenges and Strategies

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Public Debt Management in Developing Countries: Key Policy, Institutional, and Operational issues by Tomás J. Baliño and V. Sundararajan Centennial Group Holdings, LLC

  2. Table 1: Evolution of Foreign Currency and Short Term Debt in Selected Countries

  3. Table 2: Selected foreign debt burden indicators

  4. Public debt management issues • Requirement: Sound macroeconomic policies • Fiscal • Monetary • Objectives: • Sustainable debt path (DSA) • Minimize government debt cost (Guidelines)

  5. Guidelines for Public Debt Management • Debt management objectives and coordination • Transparency and accountability • Institutional framework • Debt management strategy • Risk management framework • Development and maintenance of an efficient market for government securities

  6. Implementing Guidelines--Progress • Improving Debt Structure • Developing and Publishing Debt Management Strategy • Improving Governance Framework • Improving Transparency and Communication with the Market • Developing Domestic Public Debt Markets

  7. Implementing Guidelines--Problems • Incomplete Strategies • Fragmented Responsibilities • Lack of Medium-Term Debt Strategy

  8. Key Issues • Comprehensive, publicized debt strategy • Asset-liability management framework • Coordination with central bank • Development of domestic debt market

  9. Conclusions • Progress has been made • Need to avoid past problems • Sound macroeconomic management • Upgraded debt management • Country ownership and international cooperation

More Related