Training Catalog Course Details

Upon completion of this course, participants should understand the importance of effective legal framework institutional and operational arrangements that supports sound public debt management. In particular, participants should be able to:

• Describe the roles and responsibilities of government institutions in charge of debt management and the role of central banks as fiscal agents.
• Analyze the different forms in the design of debt management offices and the organizational structure required for debt management operations.
• Identify the key components of a sound public debt management legal and operational framework, including public debt management objectives, scope of public debt, authority, purposes and constraints to borrow, borrowing by public entities, contingent liabilities, monitoring, accountability arrangements and sanctions regime.
• Describe the legal mechanisms for coordination between public debt management and fiscal, monetary and financial policy frameworks and operations.
• Describe the entities responsible for public debt transparency and formulate recommendations on how to strengthen the legal and institutional frameworks to enhance disclosure of public debt data and debt management operations.