Mid to senior level officials from States of India Finance Departments with relevant experience in budgeting, treasury, cash and/or debt management.
Priority will be given to officials engaged with budgeting, treasury, cash or debt management functions at the state government level.
Invitation
Session No.: SA 23.45
Location: Odisha, India
Date: November 21-23, 2023 (1 week)
Delivery Method: In-person Training
Primary Language: English
This three-day workshop is designed to provide participants from states of India with techniques and tools to update government cash management processes. Participants will understand how a multi-pronged approach to cash management and effective institutional arrangements can improve existing practices and provide guidance for effective decision making, leading to more active and efficient use of financial resources.
The workshop will emphasize cash management reform options for Indian states, including training on the Cash Forecasting and Analysis Tool (CFAT) of the IMF. States currently using the tool will give their unique perspectives on how it works for them. Participants will also join hands-on sessions for establishing cash management oversight frameworks, improving forecasting methods, and preparing a presentation for decision makers.
The workshop makes use of lectures, exercises, and groupwork to ensure that participants gain practical experience that is useful for their jobs. Each state government in attendance will provide a summary presentation on the `way forward' their state could adopt to improve their cash management practices.
The overall objective is to enable cash managers to modernize cash management and identify ways to improve the forecasting data on government's cash position. This can help guide short-term financing decisions, including support the decision of an appropriate level for the cash buffer. It will expose participants to the main pillars of modern cash management. Through a series of exercises and discussions, the workshop will prepare them to improve processes for:
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