- November 29, 2022
- Posted by: admin
- Categories: Current News, debt management
MEFMI conducted a regional workshop on Debt Sustainability Analysis (DSA) for Low-Income Countries (LIC) from 17 – 21 October 2022. The main objective of the training was to enhance the knowledge and skills of officials in member countries on the use of the IMF/World Bank LIC Debt Sustainability Framework (DSF).
The workshop was conducted remotely using the Zoom platform and it covered the key concepts and process of conducting a DSA. It also included a case study, where participants learnt practical skills on how to conduct a DSA. The DSA findings of the Case Study were discussed in a plenary session focusing on external and public risk rating, assessment of the realism tools, drivers of debt dynamics, the moderate risk assessment (granularity), as well as the market module.
The workshop was facilitated by (4) resource persons, comprising one (1) MEFMI Accredited Fellow (Mr. Nebson Mupunga of the Reserve Bank of Zimbabwe), two (2) Graduate Fellows (Mr. Tawedzerwa Ngundu of the Reserve Bank of Zimbabwe and Mr. Yasin Mayanja of the Ministry of Finance and Economic Planning in Uganda) and a MEFMI member of staff (Ms. Cristina Dimande).
The main output of the workshop was that a total of 33 ministry of finance and central bank officials were trained on the use of the IMF/World Bank LIC DSF to assess debt sustainability. MEFMI expects the trained officials to use the skills and knowledge gained from the workshop to assess debt sustainability in their respective countries and the region going forward.