Virtual : Effective Cash Management under Fiscal Stress

Source details

Target Audience:
- Mid to senior level officials from SARTTAC and CDOT member countries in Finance Ministries/Departments and Central Banks with relevant experience in budgeting, treasury, cash and/or debt management.
Qualifications:
- Priority will be given to officials engaged with budgeting, treasury, cash or debt management functions at the central or state government level.

Organized jointly by the South Asia Regional Training and Technical Assistance Center (SARTTAC) and the IMF Capacity Development Office in Thailand (CDOT).
Duration: one-week workshop.
Purpose:
- Identify bottlenecks in developing the government cash management function.
- Share international developments and good practice.
- Discuss relevance for South and South East Asian countries.
Context:
- Governments face decreasing and uncertain revenues and increasing expenditure to respond to COVID-19 related spending.
- The workshop focuses on how a multi-pronged approach to cash management can help governments ensure availability of adequate liquidity to meet government's payment obligations.
Methods:
- Case studies and country presentations used as group exercises for practical application of concepts and learning.

Overall objective:
- Facilitate cash managers to develop an understanding of the challenges to effective cash management, possible ways to calibrate the likely impact of the COVID crisis on the government's cash position and guide short-term financing decisions, including the determination of an appropriate level of the cash buffer.
Specific learning outcomes:
- a. Forecast the government's cash flows and its cash balance position;
- b. Analyze the impact of the crisis on the government's cash operations;
- c. Identify measures that countries could take to strengthen their cash balance management practices.
Topics participants will understand:
- Banking arrangements
- Cash flow forecasting
- Cash balance management
- Coordination of cash and debt management functions