Date: December 3-4, 2008
Time: 8:45 am - 5:00 pm
Location: Abuja, Nigeria
SPEAKERS: Gregory A. Horman, Consultant (BDM), Tomas Magnusson, Principal Financial Officer (BDM), Abha Prasad, Senior Debt Specialist (PRMED)
DESCRIPTION: Developing countries face various policy, institutional, and operational challenges due to weak debt management capacity and lack of efficient debt markets. The Government Debt Management Performance Assessment Tool (DeMPA) provides indicators for assessing debt management performance in developing countries. It is based on the Public Expenditure and Financial Accountability (PEFA) methodology for public financial management and sound practices in government debt management. The DeMPA is useful in conducting country dialogue, guiding the design of reform programs, enhancing donor harmonization, and monitoring performance over time.
The course aims to provide an understanding of the rationale, scope, coverage, and application of the DeMPA tool. The course format includes presentations, hands-on case studies, and a special session on weather-related derivatives for developing countries.
EXPECTED OUTCOMES: At the end of the course, participants will have acquired a strong understanding of how to apply the DeMPA tool in assessing a country's debt management performance and will have applied the theory learned to specific country case studies. They will obtain practical understanding of sound practices in the field of debt management, and the rationale for the DeMPA framework. The special session will provide participants knowledge addition on World Bank products for developing countries to hedge risks.
For additional information, please contact: Abha Prasad (202-458-7629) or Mirela Catuneanu (202-458-9424), PRMED; Tomas Inge Magnusson (202-458-7851), BDM