Each public debt management advisory engagement is customized based on a country’s needs. Public debt management advisory services usually begin with a general needs assessment, and can lead to design and implementation of a reform plan; alternatively, some clients request advisory services in one specific area of public debt management. To learn more about public debt management, please click here.
What is a typical asset and liability management advisory engagement?
Asset and liability management advisory services, which tend to be targeted towards state-owned entities and public financial intermediaries, will typically require a needs assessment to better understand the nature of the risks to be managed, and can lead to capacity building services on execution of financial transactions designed to manage the risk. To learn more about asset and liability management, please click here.
What is a typical GDRM Program engagement?
The Government Debt and Risk Management (GDRM) Program provides assistance to middle-income countries to improve macroeconomic and fiscal management by reducing vulnerability to financial and other shocks. To learn more about the program, please click here.
Governments and subnational entities are eligible to enter into public debt management advisory services engagements with the World Bank Treasury. Engagements so far have taken place in all regions and with countries of all income levels. Data below as of June 30, 2016.
Public Debt Management Engagements by Region
Public Debt Management Engagements by Income Level
Note: Blend countries are those eligible for both concessional and non-concessional World Bank financing. Other countries include non World Bank-borrowing countries.
The Debt Management Performance Assessment (DeMPA) tool and Medium-Term Debt Management Strategies (MTDS) tool are debt management activities funded by the Debt Management Facility (DMF), a multi-donor trust fund established to help developing countries strengthen their debt management capacity.
DeMPA evaluates strengths and weaknesses in public debt management, through a comprehensive set of performance indicators covering six core areas of public debt management. MTDS provides a framework for formulating and implementing a debt management strategy for the medium term. It is primarily focused on determining the appropriate composition of the debt portfolio, taking into account macroeconomic indicators and the market environment. These tools are targeted at low-income countries in all regions; both tools can be applied in the same country and do not have to follow a particular order.
Capacity building services and the World Bank Treasury’s program of conferences and workshops are provided by a team of experts in the area of public debt management. These experts have the hands-on experience needed to perform needs assessments, help design, and in some cases assist in implementing reform plans. This team also partners with other units in the World Bank with expertise in specific areas, such as debt management in low-income countries and domestic debt market development, and can also contract external consultants. To learn more about our team of experts, please click here.
For public debt management, the needs assessment is performed free of charge. Additional public debt management services are provided on a cost-recovery basis through a straight hourly or fixed fee, plus a fee to cover travel-related expenses. Clients can pay these fees out of their regular organizational budgets or use resources provided by donors.