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Training Provided

Vietnam External Debt Management In-Country Training

Training was delivered in three 2-week courses in Hanoi:

  • Course 1 from 19 to 30 September 2005 focused on financial markets and instruments, loans from ADB and World Bank, formulating mobilisation/borrowing plans, and comparing costs of different loan structures and debt portfolios.  There were around 45 registered participants.
  • Course 2 from 24 October to 4 November 2005 focused on developing access to international markets, establishing benchmarks for government debt portfolios, on-lending, and asset-liability management.  There were around 55 registered participants.  The final day of the course was held at V Resort in Hoa Binh.
  • Course 3 from 5 to 16 December 2005 focused on project lending, government guarantees, on-lending, contingent liabilities, and fiscal risks.  There were around 65 registered participants.

Extensive training material was provided to the participants along with a CD of all the documentation provided and photos taken during the course.

Participants on Course 3 of Vietnam In-Country
Training Program in Hanoi from 4-16 December 2005
(click on the photo to enlarge in a new window)

Ethiopia Cash Management In-Country Training

Training was delivered over three days in Addis Ababa from 1-3 February 2006:

  • Day 1 focused on the framework for government cash management covering an overview of cash management and why it is an important component of government financial management, drawing on international practices and experiences to demonstrate sound practice government cash management.
  • Day 2 focused on cash management operations covering forecasting of government cash flows at federal and regional levels, government banking arrangements, and procedures for efficient, secure and timely disbursements and revenue collection.
  • Day 3 morning sessions focused on integrating cash and debt management covering how government debt can be used to assist in managing government liquidity and monetary policy.  In the afternoon session, the focus was on cash management in Ethiopia covering an assessment of current practices and areas identified that need to be reformed in the short, medium and long-term.

Participants in Ethiopian In-Country Training Program
in Addis Ababa from 1-3 February 2006
(click on the photo to enlarge in a new window)

Specific Services

Policy Advice, Guidance and Training

  • public sector debt management
  • government cash management
  • esablishing a debt management office
  • establishing a middle office
  • asset & liability management
  • governance & institutional structures
  • government on-lending
  • government guarantees & fiscal risks
  • debt management training needs

Strategic Planning

  • debt management strategy
  • risk management framework
  • information systems and IT strategy

Audit Review

  • audit of public debt
  • audit controls and compliance
  • systems environment

Requirements and Project Structure

  • user requirements
  • project planning, resourcing and budgeting
  • quality assurance

Tender Process and Documentation

  • identification of tender options
  • preparation of tender documentation including ADB and World Bank procurement
  • selection strategy and negotiation

Implementation Project Management

  • cash, debt and risk management systems
  • Commonwealth Debt Recording and Management (CS-DRMS) system
  • UNCTAD Debt Management and Financial Analysis System (DMFAS)
  • system acceptance tests and plans
  • project risk management

Training Courses in Debt Management

  • cash/debt/risk management theory and practice
  • governance and institutional structures
  • establishment of a middle office
  • developing a debt strategy
  • developing a risk management framework
  • government on-lending
  • government guarantees
  • contingent liabilities
  • managing fiscal risks

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