Technical Notes and Manuals

Government Cash Management: Its Interaction with Other Financial Policies

August 9, 2010

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Government Cash Management: Its Interaction with Other Financial Policies, (USA: International Monetary Fund, 2010) accessed September 19, 2024

Disclaimer: This Technical Guidance Note should not be reported as representing the views of the IMF. The views expressed in this Note are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

Summary

This technical note describes the interaction of government cash management with other financial policies. The note offers guidance on policy, institutional, and practical issues for governments looking to develop a more sophisticated cash management function, specifically to move toward more active cash management. This involves financial market intervention by the government cash manager, with the aim of smoothing the projected short-term profile of the government’s net cash balances. The note is particularly relevant to emerging market countries where there are already functioning, if not necessarily well-developed, domestic money and bond markets.

Subject: Banking, Currencies, Government cash forecasting, Government cash management, Government debt management, Money, Public financial management (PFM), Treasury Single Account

Keywords: Accentuating market uncertainty, Cash management, Cash management function, Cash management operation, Cash management responsibility, Cash management service, Central bank, Central bank's monetary policy operation, Currencies, Debt management, Debt management coordination, Debt management operations, Financial policies, Government cash forecasting, Government cash management, Government debt management, Market, Market constraint, Monetary policy, Repo market, TNM, Treasury Single Account

Publication Details

  • Pages:

    29

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Technical Notes and Manuals No. 2010/013

  • Stock No:

    TNMEA2010013

  • ISBN:

    9781462318254

  • ISSN:

    2075-8669