Publication: Debt Management Performance Assessment : Togo
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Date
2008-06
ISSN
Published
2008-06
Author(s)
World Bank
Abstract
During November 12 through November 24,
2007 a World Bank team traveled to Lome, Togo, to undertake
an assessment of the government's debt management
operations using the Debt Management Performance Measurement
Assessment Tool (DeMPA). The DeMPA is a methodology for
assessing debt management performance through a set of 15
indicators covering the full range of debt management
functions. This assessment report highlights that the
current strengths of debt management operations in Togo lie
in the areas of coordination with monetary policy and the
staff in the debt office, who have the skills needed for the
basic debt management operations they are required to do at
the moment. Among the areas for improvement identified, the
priority should be given to: (i) the institutional
framework, which is currently overly complex and does not
ensure appropriate coordination among all entities that
participate in the debt management process; (ii) the debt
recording systems, which are not accurate and complete, in
part as a consequence of the institutional framework; and
(iii) putting in place a debt management strategy, which at
this stage would focus on arrears clearance and the terms of
re-engagement with the international financial community.
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Citation
“World Bank. 2008. Debt Management Performance Assessment : Togo. © Washington, DC. http://hdl.handle.net/10986/16237 License: CC BY 3.0 IGO.”