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Dates: 23 July to 07 September 2018

Venue: Online

Background
Over the last decade, the development financing landscape facing developing countries, including those in the MEFMI region, has changed considerably. The improved macroeconomic conditions, combined with benefits of HIPC/MDRI debt relief initiatives, have helped to improve countries' solvency, thereby providing them with additional space for new borrowing. On the other hand, development challenges have evolved, with traditional donors paying increasing attention and committing increasing resources to global issues such as climate change and disaster prevention, which did not feature prominently in the development agenda a decade ago. Consequently, Official Development Assistance (ODA) from traditional development partners has been declining in relation to the region's funding requirements.

Dates:                       5th June – 14th July 2017

Venue:                       On-line

Duration:                 6 weeks

Background:

The MEFMI Mid-term review of 2015 revealed that there is still high staff turnover in debt management offices, resulting from vertical and horizontal movements within and outside the civil service and central banks, which creates a continuous need for capacity building. At the same time, the financing landscape facing developing countries including those in the MEFMI region has been gradually changing since 2007, with decreasing financing from traditional multilateral and bilateral Paris Club creditors and increased borrowing from domestic markets, international capital markets, and emerging bilateral non-Paris Club creditors. While the development finance landscape has created new opportunities and options for countries to access diversified sources of finance for their development priorities, the shift has also created new challenges and risks for managing those flows. Hence, new capacities are required to cope with the dynamism in public debt management. The main objective of this course is to equip officials from member countries with requisite skills to enhance their effectiveness in managing public sector debt. The course will cover a wide range of contemporary and emerging domestic and external debt management issues.

 

  MEMBER STATES   COOPERATING PARTNERS
   
 


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