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Debt Management Performance Assessment: Maldives

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dc.contributor.authorWorld Bank
dc.date.accessioned2019-08-06T19:48:21Z
dc.date.available2019-08-06T19:48:21Z
dc.date.issued2019-03
dc.description.abstractA World Bank (WB) mission undertook an assessment of the government's debt management(DeM) capacity and institutions in Maldives during March 20-29, 2019, at the request of theMinistry of Finance (MoF). The objective of the mission was to assess the DeM strengths andareas in need of reform through the application of the Debt Management Performance Assessment (DeMPA) methodology. This is the second evaluation for Maldives; the first DeMPA was conducted by the WB in 2009. The MoF has implemented a series of public finance management reforms in legal and institutional arrangements since the last DeMPA. Treasury operations have experienced a complete overhaul, including the rolling out an Integrated Financial Management Information System (SAP) to government entities on Male', establishment of a Treasury Single Account (TSA) and the development of cash flow forecasting procedures. The coverage of the debt management system, the CS-DRMS, has also been expanded and is now used as a central database for almost all debt obligations (excluding Islamic instruments). The DeMPA methodology, revised in 2015, provides a comprehensive set of indicators spanning the full range of DeM functions and is used for in-depth analysis of government debt management functions and institutions. The results of the assessment help the central government authority to take stock of the current DeM situation and design medium term priority reforms. The results of 2019's assessment for Maldives demonstrate many broad-based improvements implemented in Maldives and provide highlights of pending reforms.en
dc.identifierhttp://documents.worldbank.org/curated/en/964251564149648484/Maldives-Debt-Management-Performance-Assessment-DeMPA
dc.identifier.doi10.1596/32188
dc.identifier.urihttps://hdl.handle.net/10986/32188
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectPUBLIC DEBT
dc.subjectDEBT MANAGEMENT
dc.subjectDONOR COORDINATION
dc.subjectGOVERNANCE
dc.subjectMACROECONOMIC MANAGEMENT
dc.subjectFISCAL POLICY
dc.subjectMONETARY POLICY
dc.subjectGOVERNMENT BORROWING
dc.subjectLOAN GUARANTEES
dc.subjectPUBLIC FINANCIAL MANAGEMENT
dc.subjectRISK MANAGEMENT
dc.subjectDATA SECURITY
dc.titleDebt Management Performance Assessmenten
dc.title.subtitleMaldivesen
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.crossref.titleDebt Management Performance Assessment
okr.date.disclosure2019-07-26
okr.doctypeEconomic & Sector Work
okr.doctypeEconomic & Sector Work::Debt Management Performance Assessment
okr.docurlhttp://documents.worldbank.org/curated/en/964251564149648484/Maldives-Debt-Management-Performance-Assessment-DeMPA
okr.guid964251564149648484
okr.identifier.doi10.1596/32188
okr.identifier.doihttps://doi.org/10.1596/32188
okr.identifier.externaldocumentum090224b086f25ed8_1_0
okr.identifier.internaldocumentum31281672
okr.identifier.report139771
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/964251564149648484/pdf/Maldives-Debt-Management-Performance-Assessment-DeMPA.pdfen
okr.region.administrativeSouth Asia
okr.region.countryMaldives
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicFinance and Financial Sector Development::Strategic Debt Management
okr.topicGovernance::Governance and the Financial Sector
okr.topicInternational Economics and Trade::External Debt
okr.topicMacroeconomics and Economic Growth::Macroeconomic Management
okr.topicPublic Sector Development::Public Financial Management
okr.unitEFI - Macro Fiscal - Debt (EMFDT)
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