## Strengthening Debt Management Practices - Lessons from Country Experiences and Issues Going Forward

_Policy Papers, March 27, 2007_

## Source details

**Canonical URL:** [Strengthening Debt Management Practices - Lessons from Country Experiences and Issues Going Forward](https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/strengthening-debt-management-practices-lessons-from-country-experiences-and-issues-going-pp4189)

## Other formats

- [Markdown version](/en/publications/policy-papers/issues/2016/12/31/strengthening-debt-management-practices-lessons-from-country-experiences-and-issues-going-pp4189/index.md)
- [Structured JSON version](/en/publications/policy-papers/issues/2016/12/31/strengthening-debt-management-practices-lessons-from-country-experiences-and-issues-going-pp4189/index.json)
- [Bundle manifest](/en/publications/policy-papers/issues/2016/12/31/strengthening-debt-management-practices-lessons-from-country-experiences-and-issues-going-pp4189/bundle-manifest.json)

## Bibliographic details
- Published: March 27, 2007
- Series: Policy Papers

---

### Overview
- Publication date: March 27, 2007
- Scope: Reviews Bank-Fund staff experience with strengthening public debt management (PDM) frameworks and capacity in developing countries.
- Core activities reviewed:
  - Development of sound practice guidelines by the IMF and the World Bank in 2001.
  - A pilot program to assist countries to develop and implement PDM reforms.
  - Incorporation of PDM assessment into surveillance where relevant.
  - Inclusion of PDM in other Bank and Fund advisory and technical assistance work.

### Pilot Program and Participating Countries
- The pilot program assisted 12 countries:
  - Bulgaria, Colombia, Costa Rica, Croatia, Indonesia, Kenya, Lebanon, Nicaragua, Pakistan, Sri Lanka, Tunisia, and Zambia.

### Key Findings and Lessons Drawn
- Based on Bank-Fund experience and the pilot program, the paper:
  - Draws key lessons on strengthening PDM frameworks and capacity.
  - Identifies continuing challenges facing debt managers.
  - Proposes further capacity building and advisory work in PDM.

### Continuing Challenges Facing Debt Managers
- The paper identifies ongoing challenges (as summarized in the source) that justify continued Bank-Fund engagement in PDM capacity building and advisory services.

### Proposed Further Capacity Building and Advisory Work
- The paper proposes:
  - Continued capacity building in PDM for developing countries.
  - Expanded advisory and technical assistance work by the Bank and the Fund.
  - Further incorporation of PDM assessment into surveillance and related activities.

### Drafting and Supervision Team
- Drafted by a staff team at the IMF and the World Bank, comprising:
  - IMF staff: Allison Holland, Andrew Ndeti Kitili, Peter Kunzel, Brian Olden, Michael Papaioannou, Magdalena Polan, Bozena Elzbieta Radzewicz-Bak, Paul Ross, Jay Surti.
  - World Bank staff: Phillip Anderson, Vikram Nehru, Abha Prasad, Marc Roland Thomas, Francis Rowe, Eriko Togo, Antonia Velandia, Dana Weist.
- Supervision:
  - Udaibir S. Das (IMF) and Phillip Anderson and Vikram Nehru (The World Bank).

*Source: Strengthening Debt Management Practices - Lessons from Country Experiences and Issues Going Forward, March 27, 2007 (International Monetary Fund).*

---

## Content in this bundle

- **_032707m**
  - [_032707m (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/np/pp/2007/eng/_032707m.pdf.md){rel="alternate" type="text/markdown"}
  - [_032707m (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/np/pp/2007/eng/_032707m.pdf){rel="external" type="application/pdf"}

---

_Source: https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/strengthening-debt-management-practices-lessons-from-country-experiences-and-issues-going-pp4189_