Effective public debt management is the cornerstone of financial stability and sustainable fiscal policy. A government's debt portfolio is often the largest in the country and can generate substantial risk to its balance sheet, with potential to undermine key development objectives. Debt managers around the world must therefore find a balance between borrowing to finance the government needs while keeping costs and risks low.
This toolkit provides a one-stop shop for public debt managers seeking guidance on how to assess, report and reform debt strategies in their countries. Specifically, the toolkit provides information and practical guidance on several products related to the management of debt and fiscal risks:
- Å·ÃÀÈÕb´óƬ and IMF Debt Sustainability Framework (DSF)
- Debt Sustainability Analyses (DSA)
- Debt Management Performance Assessment (DeMPA)
- Medium-Term Debt Strategies (MTDS)
- Fiscal Risk
- Training, events and publications on debt management
Trust Funds
Two trust funds take the lead in delivering in-country training to debt managers. The Debt Management Facility (DMF) and the Goverment Debt & Risk Management Program (GDRM) both work with client countries to increase their capacity in the area of public debt management.