Formulation of Medium-Term Debt Management

Source details

Officials from Public debt management office, Fiscal Policy Department, Treasury Operations Department, or the Central Bank of Sri Lanka responsible for providing advice or implementing debt management policies
Participants to be nominated by Ministry of Finance, Sri Lanka

Some knowledge of economics and basic Microsoft Excel skills are necessary.
Strong recommendation: complete the online IMF course on Medium Term Debt Management Strategy (MTDSx) prior to the workshop.
MTDSx course URL provided: https://www.imf.org/en/Capacity-Development/Training/ICDTC/Courses/MTDSX

One-week in-country training providing in-depth understanding of the IMF-World Bank MTDS framework and the MTDS Analytical Tool (MTDS AT).
Purpose: assist government authorities in strategic decision-making regarding new borrowings and debt portfolio management aligned with preferences for cost and risk.
Training format:
- Lectures and exercises.
- Hands-on work using real country data.
- Group work to conduct scenario analysis and strategic decision-making using the MTDS AT.
Pre-workshop requirement: participants must prepare debt data extracted from their respective debt recording systems for use in the MTDS AT tool.
Recommended manual for data preparation: "Medium-Term Debt Management Strategy Analytical Manual: Data Preparation Manual" (URL provided: https://www.imf.org/en/Publications/TNM/Issues/2019/05/14/Medium-Term-Debt-Management-Strategy-Analytical-Tool-Data-Preparation-Manual-46898).

Demonstrate a refined understanding of debt management strategy formulation.
Use the MTDS Analytical Tool proficiently.
Independently generate debt financing scenarios using the Analytical Tool.
Model the impact of market rate shocks and identify potential vulnerabilities in the debt portfolio.
Formulate the debt management strategy and prepare the corresponding strategy document with the Analytical Tool.