Training Program

Officials of from debt management offices, ministries of finance, central banks, and related public institutions involved in external borrowing, loan negotiation, debt recording, risk analysis, or fiscal policy coordination

Participants should have basic knowledge of public finance or debt management and practical experience in sovereign borrowing, financial analysis, or public sector financial operations. Familiarity with financial terminology and spreadsheet-based calculations is desirable.

This course provides a comprehensive, practice-oriented introduction to foreign borrowing and loan negotiation for official involved in public debt management. It covers the external loan lifecycle-from strategic planning and financing choices to contract design, risk management, negotiation, and restructuring. Through a combination of lectures, country case discussions, quizzes, and hands-on exercises, participants will develop the skills needed to evaluate alternative financing options, assess costs and risks, interpret legal and financial terms, and manage operational challenges in external debt portfolios. Particular attention is given to institutional governance, coordination with fiscal and monetary authorities, creditor-specific negotiation dynamics, and emerging instruments for risk mitigation. The program is designed to strengthen decision-making capacity and promote sound, transparent, and sustainable external debt management practices.