INTRODUCTION
Public debt management is the process of establishing and executing a strategy for managing a governments’ debt in order to raise the required amount of funding, achieve its risk and cost objectives, and to meet any other debt management goals that a government may have set, such as developing and maintaining an efficient market for government securities.
This training provides an overview of public debt management by explaining concepts in a user-friendly language, avoiding mathematics and using simple illustrations and country examples. Besides overall concepts, this training will provide in-depth understanding of debt sustainability issues, an appreciation of public debt management in the budgetary context, explain facets of external and domestic public borrowing, and introduce participants to the meaning and implication of contingent liability and risk management.
TRAINING OBJECTIVES
On completion of the course, participants should be able to:
- Link debt levels to economic performance
- Understand the need for Debt and its management
- Come up with institutional framework for debt management
- Come up with policy options for debt management and restructuring
- Advice government on optimal debt levels
DURATION
10 Days
WHO SHOULD ATTEND
- Economists
- Policy planners
- Fiscal experts
- Treasury managers
- Development practitioners
- Policy Analysts
TRAINING OUTLINE
- Management principles and practices
- Understanding Debt-internal and external
- The Role of Government in the National Economy
- Background to National Debt – Tradable Debt
- The Need for Public Debt Management
- Loan Cycle
- functions relating to Public Debt Management
- Institutional Framework for Public Sector Borrowing
- Public Debt and Budget Deficit
- Government Borrowing and the Public Debt
- Fiscal Policy – Government Expenditure
- Fiscal Policy – Government Revenue
- Fiscal Reforms
- Privatisation
- Legal and Regulatory Framework, Issue of Guarantees and On-lending
- Requirements for the Effective Monitoring of Public Debt
- Monitoring Private Non-Guaranteed and Short-term Debt
- Accessing International Capital Markets
- Mobilizing Resources from the Domestic Market and the Pricing of Instruments
- Domestic Debt – Management and Control
- Domestic Debt – Structuring and Restructuring
- Structural Adjustment Programmes
- Debtor/Credit relationships
- Policy Options in debt Management
- Debt and Vulnerability Indicators and their Critical Values
- Analysis of Public Debt and Debt Indicators
- Formulation of a Borrowing Policy and Strategy
- Risk Management
- Debt Restructuring
- Institutional Reforms
- Computer Application
- Database Management
- Action Planning
EVENT FEE & REGISTRATION
The training event fee is USD$2100, This caters for Facilitation, 2 Refreshment breaks (Morning & Afternoon Snack) & Buffet Lunch during the entire training period. This does not cover accomodation and travel logistics. We can organize for your Accomodation & Airport pick up at an Extra cost.
To Register online for this course click on this link (REGISTER ONLINE) or click on this link for more details (MORE COURSE DETAILS)