Training Program

Officials from debt management offices, ministries of finance, or central banks who deal with public debt management.

Participants are expected to have a degree in economics or finance, or equivalent experience.

The course aims at building capacity in developing an effective and comprehensive Annual Borrowing Plan (ABP) that is fully aligned with the country's Debt Management Strategy (DMS). The Officials will be trained in the end-to-end ABP development process, with a focus on integrating projected government cash flows, financing needs, and market conditions into a coherent ABP. The course will also help authorities identify refinancing risks in advance, assess the feasibility of financing assumptions, identify potential financing gaps, and support the development of domestic government securities markets. Participants will learn to use the ABP Analytical Tool (ABPT), developed jointly by the IMF and the World Bank, to support the formulation of the ABP. The course will further cover the preparation of an Indicative Issuance Calendar and the design and implementation of Liability Management Operations.