Partnering with countries to
improve resilience to fiscal shocks
Sept. 27, 2011: Swiss State Secretariat for Economic Affairs (SECO) and the World Bank announce program to strengthen fiscal risk management in middle-income countries [Press Release]
State Secretariat for Economic Affairs SECO
Disaster Risk Financing and Insurance Program
The Program on Fiscal Risk Management for Middle-Income Countries will deliver tailor-made technical assistance and capacity building in two areas:
- strengthening the management of public debt and other fiscal risks
- developing national disaster risk financing and insurance strategies
Activities will be directed mostly toward middle-income countries, which are home to 75 percent of the world’s poor and have many competing demands for resources. Initially funded by the Swiss State Secretariat for Economic Affairs (SECO), the program is envisioned as two multi-donor trust funds that the World Bank will implement in close partnership with countries and donors.
The Government Debt and Risk Management Program
The Banking and Debt Management team of the World Bank Treasury will lead the work on public debt and fiscal risk management through the Government Debt and Risk Management program. It will contribute to sound macroeconomic and risk management and reduce countries’ vulnerability to financial shocks through:
(i) strengthened public debt and risk management capacity and institutions, and (ii) deeper domestic debt markets.
Download the program flyer to learn more about:
- Focus areas
- Participating countries
Contact us at email@example.com for more information.