{
  "title": "Foreign Borrowing and Loan Negotiation",
  "sourceUrl": "https://www.imf.org/en/capacity-development/training/icdtc/schedule/sa/2026/pdm-sasa26-14",
  "canonical": "https://www.imf.org/en/capacity-development/training/icdtc/schedule/sa/2026/pdm-sasa26-14",
  "overlayPath": "/en/capacity-development/training/icdtc/schedule/sa/2026/pdm-sasa26-14/index.md",
  "summary": "Familiarity with financial terminology and spreadsheet-based calculations is desirable.",
  "publishDate": "2026-01-12",
  "sections": [
    {
      "heading": "Program overview and logistics",
      "content": "- Session No.: SA 26.14\n- Deadline: Deadline passed\n- Location: New Delhi, India\n- Date: February 23-27, 2026 (1 week)\n- Delivery Method: In-person Training\n- Primary Language: English"
    },
    {
      "heading": "Target audience and qualifications",
      "content": "- Target Audience:\n  - 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\n- Qualifications:\n  - Participants should have basic knowledge of public finance or debt management and practical experience in sovereign borrowing, financial analysis, or public sector financial operations.\n  - Familiarity with financial terminology and spreadsheet-based calculations is desirable."
    },
    {
      "heading": "Course description",
      "content": "- Comprehensive, practice-oriented introduction to foreign borrowing and loan negotiation for officials involved in public debt management.\n- Coverage includes the external loan lifecycle—from strategic planning and financing choices to contract design, risk management, negotiation, and restructuring.\n- Instructional methods:\n  - Lectures\n  - Country case discussions\n  - Quizzes\n  - Hands-on exercises\n- Emphases:\n  - Skills to evaluate alternative financing options, assess costs and risks, interpret legal and financial terms, and manage operational challenges in external debt portfolios.\n  - Institutional governance and coordination with fiscal and monetary authorities.\n  - Creditor-specific negotiation dynamics and emerging instruments for risk mitigation.\n- Program goal:\n  - Strengthen decision-making capacity and promote sound, transparent, and sustainable external debt management practices."
    },
    {
      "heading": "Course objectives",
      "content": "- Apply core principles of sound public debt management to foreign borrowing decisions.\n- Analyze and compare external financing options based on cost, risk, maturity, and conditionality.\n- Evaluate financial terms and legal clauses in loan agreements and identify key risks and safeguards.\n- Manage currency, refinancing, and operational risks across the external loan lifecycle.\n- Prepare effectively for loan negotiations and engage with different categories of creditors.\n- Assess the role of guarantees, collateral, and innovative instruments in sovereign risk management.\n- Understand restructuring options and their implications for debt sustainability."
    }
  ],
  "bullets": [
    "Session No.: SA 26.14",
    "Deadline: Deadline passed",
    "Location: New Delhi, India",
    "Date: February 23-27, 2026 (1 week)",
    "Delivery Method: In-person Training",
    "Primary Language: English",
    "Target Audience:",
    "Qualifications:",
    "Comprehensive, practice-oriented introduction to foreign borrowing and loan negotiation for officials involved in public debt management.",
    "Coverage includes the external loan lifecycle—from strategic planning and financing choices to contract design, risk management, negotiation, and restructuring.",
    "Instructional methods:",
    "Emphases:",
    "Program goal:",
    "Apply core principles of sound public debt management to foreign borrowing decisions.",
    "Analyze and compare external financing options based on cost, risk, maturity, and conditionality.",
    "Evaluate financial terms and legal clauses in loan agreements and identify key risks and safeguards.",
    "Manage currency, refinancing, and operational risks across the external loan lifecycle.",
    "Prepare effectively for loan negotiations and engage with different categories of creditors.",
    "Assess the role of guarantees, collateral, and innovative instruments in sovereign risk management.",
    "Understand restructuring options and their implications for debt sustainability."
  ],
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  },
  "generatedAtUtc": "2026-09-29T20:14:49.724Z"
}