Improving the quality of borrowing and minimising risk exposure
We help finance ministries, central banks and sub-national governments to manage their public, private, domestic and external debt flows actively and creatively. We do this by giving staff the practical tools, knowledge and skills required to achieve their debt goals, and by helping to strengthen the institutional framework in which they operate. Read Enhancing Debt Management for further details of our services. This practical assistance often involves installing our partner, the Commonwealth Secretariat’s, Debt Recording and Management System (CS-DRMS), and training in its use. Visit our training pages to find out more about the specialist courses we run for those involved in managing government debt and developing the financial sector. Download the latest edition of our Managing Debt newsletter to read some more about what we do.
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Governments who borrow to fund investment and manage their economies must be sure to control their ensuing debts. Poorly managed borrowing can quickly destabilise an economy.
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Managing Debt in the Maldives  The Government of Maldives’ desire to build its debt management capacity and strategy became even more urgent after the Asian tsunami. |
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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. Emerging and transition economies are facing the challenges of globalisation and liberalisation. By enabling their governments to use best practice in debt and risk management, we help them develop the debt structures that minimises the effects of any future financial crisis. In low income countries, debt is often unsustainable and impedes economic growth. Here we develop the capacity to analyse and restructure the debt portfolio, helping countries with their debt relief negotiations. In so doing we enable resources to be released to fund development and achieve the Millennium Development Goals In small economies, we develop capacity in sustainable debt management, taking particular account of the special vulnerabilities these countries face. We do this through:
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