(5) The National Treasury must ensure that there is at all times sufficient money in the. National Revenue Fund. 12. Deposits and withdrawals by South African
Transfer of Foreign Debt: Foreign financing facility obtained by the Undersecretariat from any foreign financing source and transferred to the public agencies
25 août 2016 Public Financial Management Act 2016. 3. Act 921. 58. Debt management objectives. 59. Debt management strategy.
Sustainable public debt has gained renewed attention as countries implement fiscal consolidation measures in the aftermath of the global financial crisis. Sound
1 avr. 2014 Debt managers should ensure that the impact of risks associated with contingent liabilities on the government's financial position including ...
“Faced with growing debt and an uncertain macroeconomic outlook many gov- ernments are experimenting with institutional innovations such as new budgetary rules
Policy Under Fiscal Dominance and Financial Instability” OECD Working Papers on Sovereign Borrowing and Public Debt Management provide.
5 mars 2013 Organization for Economic Co-operation and Development. PDM. Public debt management. PEFA. Public Expenditure and Financial Accountability.
State Debt Management. Report that includes analysis on financial markets information regarding the domestic and foreign financing facilities Treasury
Finance Division Directorate for Financial and Enterprise Affairs The use of derivatives in public debt management is discussed in Section 3. Section 4.
public debt management (PDM) work program that was particularly focused on strengthening frameworks and capacity in low-income countries (LICs) This comprised three main elements: (i) develop a toolkit to help LICs formulate an effective Medium-Term Debt Management Strategy (MTDS) and apply it in 4–6 countries a year; (ii) undertake debt
Good debt management encompasses sound risk and cash management effective coordination with ?scal and monetary policygood governanceand ade- quate institutional and staff capacity With these in place governments can develop and implement effective medium-term debt management strategies
After the introduction of the Guidelines for Public Debt Management and the Accompanying Document with country case studies in 2001 and the identification of key challenges in developing sound debt management through a 12-country pilot program the Treasury identified a need for training in core
The Bank-Fund Guidelines for Public Debt Management (Guidelines) published in 2001 and amended in 2003 aim to strengthen the international financial architecture promote policies and practices that contribute to financial stability and transparency and reduce the external vulnerabilities of member countries
important elements of both funding and transaction execution and debt management strategy design Risk monitoring and compliance functions support debt management strategy design Financial reporting is a component of and is required for both transaction processing and recording and debt management strategy design
PORTFOLIO APPROACH TO SOVEREIGN DEBT MANAGEMENT 1 Introduction There is a consensus among OECD debt managers that the primary strategic objectives or functions of government debt management are3: (a) securing continuous (and easy) access to markets while (b) minimising longer-term borrowing costs at an acceptable level of risk