Improving the quality of government borrowing and minimising exposure to risk
Governments who borrow to manage their economies and fund investment must have strong institutions, processes and controls to manage their ensuing debts. Poorly managed borrowing can quickly destabilise an economy.
Good debt management allows countries to minimise risks within their debt portfolios, and achieve lower debt servicing payments and long-term debt sustainability. It also contributes to wider financial reforms through its impact on cash management, budgeting and accounting.
We help finance ministries, central banks and sub-national governments to manage their borrowing, taking into account cost and risk considerations. Our programme of assistance helps governments put in place suitable structures and processes to manage their debt portfolio effectively. We build the capacity of debt managers by giving them the practical tools, knowledge and skills required to achieve their debt goals.
Our assistance includes:
- Improving institutional, organisational and legal frameworks, including the establishment of specialised debt management offices
- Technical advisory services including debt portfolio review, debt sustainability analysis, risk analysis, restructuring and negotiation
- Enhancing data quality, recording, reporting and analysis particularly through the Commonwealth Secretariat Debt Recording and Management System (CS-DRMS)
- Integrating debt and cash management within a public financial management framework
- Training and capacity building in all aspects of debt management. Visit our training pages to find out more about the specialist training courses
Our team of advisers and consultants are highly experienced in providing consultancy in debt management and related areas to Governments worldwide. They are regularly called upon by the international community to contribute to dialogue on best practice in debt management.