Training in Debt Compilation, Reporting and Monitoring

Training in Debt Compilation, Reporting and Monitoring

BACKGROUND

The recent increase in public debt vulnerabilities in low-income countries, including those in the MEFMI region, has heightened the need for a more comprehensive and transparent accounting of public sector debt. Public debt transparency is key in supporting the principles of sustainable borrowing and lending practices. For instance, it allows governments to accurately track the evolution of their debt situation, and to effectively monitor and manage debt-related risks and vulnerabilities. Transparency also allows lenders to accurately assess a government’s debt position, borrowing capacity, and creditworthiness before extending new and/or additional credit. This can help lenders and borrowers to avoid agreements that could cause future financial difficulties. However, faced with increasingly diversified financing options and complex debt creating financing instruments, many governments have yet to reach the minimum standards for achieving debt transparency. This is exacerbated by, among others, high staff turnover that continues to be a common and recurrent problem in low-income countries’ debt offices.

It is against this background that MEFMI will offer a course on Fundamentals of Public Debt Reporting and Monitoring to strengthen participants’ knowledge on the basics of debt reporting, and monitoring, and raising awareness on the importance of debt transparency. It will cover the fundamentals needed to compile and disseminate comprehensive statistics that are useful for informing policy and decision making of governments and other key stakeholders. At the end of the workshop, participants are expected to be able to apply internationally accepted statistical principles and methodologies as a basis for compiling and disseminating public sector debt statistics.

OBJECTIVES

  1. To develop and enhance participants’ knowledge and capacity to compile and disseminate public sector debt statistics in line with internationally recognized statistical reporting frameworks and standards.
  2. To formulate country-specific work plans based on capacity and data gaps identified, which will serve as a benchmark for follow-up capacity development.
  3. To provide a platform for peer learning

Date

Jun 20 - 24 2022
Expired!

Time

8:00 am - 6:00 pm

Location

Online
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