World Bank2013-11-062013-11-062008-05https://hdl.handle.net/10986/16229The Debt Management Performance Assessment (DeMPA) is a methodology for assessing government Debt Management (DeM) performance through a comprehensive set of indicators spanning the full range of DeM functions. The assessment reveals that Burkina Faso's DeM institutions' performance meets minimum requirements in six out of the fifteen debt performance indicators. All external loans that are contracted by the government respect a 35 percent minimum concessionality condition and are analyzed and approved by a debt committee; formal evaluation reports are produced for each project considered. Finally, Burkina has a fairly well-managed front office that concentrates relations with all donors and is thus better able to maximize the volume of concessional financing and avoid non-concessional borrowing. Nevertheless, Burkina Faso does not meet the minimum requirements in a total of fourteen dimensions across nine Debt Performance Indicator's (DPIs), and it only exceeds the minimum requirements in four indicators, underlining the critical importance of maintaining and strengthening the reform momentum. Finally, a long-term objective should be to separate the policy and technical aspects of debt management. At present, National Public Debt Committee (CNDP) is involved in both: on the policy side, it approves the debt policy and debt strategy; on the technical side, it discusses each loan, verifying that projects are well designed and the underlying financing arrangement is appropriate.en-USCC BY 3.0 IGOACCOUNTINGADJUDICATIONAMORTIZATIONANNUAL DEBT STRATEGYARREARSASPECTS OF DEBT MANAGEMENTBANK ACCOUNTBANK ACCOUNTSBANK MARKETBANKING SECTORBENEFICIARIESBENEFICIARYBILATERAL CREDITORSBOND ISSUANCEBOND ISSUANCESBONDSBORROWERBORROWING PLANBOURSEBUDGET LAWCAPACITY BUILDINGCASH ADVANCESCASH BALANCECASH BALANCESCASH FLOWCASH MANAGEMENTCCCDSCENTRAL BANKCENTRAL GOVERNMENT DEBTCHECKSCLEARING HOUSECOLLATERALCOMMERCIAL BANKSCONTINGENT LIABILITIESCOOPCREDIT FACILITYCREDIT RISKCREDITORCREDITORSCREDITSCURRENCYCURRENCY COMPOSITIONCURRENCY RISKSCURRENT ACCOUNTCUSTODYDEBT CONTRACTSDEBT DATADEBT DATA RECORDINGDEBT DATABASEDEBT FUNDDEBT INFORMATIONDEBT ISSUANCEDEBT MANAGEMENTDEBT MANAGEMENT ACTIVITIESDEBT MANAGEMENT CAPACITYDEBT MANAGEMENT OPERATIONSDEBT MANAGEMENT STRATEGYDEBT MANAGEMENT SYSTEMDEBT MANAGEMENT UNITDEBT POLICIESDEBT POLICYDEBT PORTFOLIODEBT RATIOSDEBT RECORDINGDEBT RECORDING SYSTEMDEBT RELIEFDEBT RELIEF INITIATIVEDEBT REPORTINGDEBT SERVICEDEBT SERVICE PAYMENTDEBT SERVICE PAYMENTSDEBT SERVICE PROJECTIONSDEBT SITUATIONDEBT STOCKDEBT STOCKSDEBT STRATEGYDEBT SUSTAINABILITYDEBT SUSTAINABILITY ANALYSISDEBT SYSTEMDEBT TRANSACTIONSDEBT UNITDEBTORDEBTOR REPORTINGDEBTOR REPORTING SYSTEMDEBTSDERIVATIVESDEVELOPMENT BANKDISASTER RECOVERYDISBURSEMENTDISBURSEMENTSDOMESTIC BORROWINGDOMESTIC CURRENCYDOMESTIC DEBTDOMESTIC DEBT ISSUANCEDOMESTIC DEBT MANAGEMENTDOMESTIC FINANCINGDOMESTIC MARKETDOMESTIC SAVINGSDOMESTIC SECURITIESECONOMIC DEVELOPMENTELECTRONIC FORMEQUIPMENTEXCHANGE RATEEXPENDITUREEXPENDITURESEXTERNAL BORROWINGEXTERNAL BORROWINGSEXTERNAL DEBTEXTERNAL FINANCINGEXTERNAL LOANSEXTERNAL RESOURCESFINANCIAL ADVISORFINANCIAL ANALYSISFINANCIAL ASSISTANCEFINANCIAL MANAGEMENTFINANCIAL POLICIESFINANCIAL RISKFINANCIAL STATEMENTSFINANCIERFINANCIERSFINANCING REQUESTFINANCINGSFISCAL POLICIESFISCAL POLICYFOREIGN CURRENCIESFOREIGN CURRENCYFOREIGN CURRENCY DEBTFOREIGN LOANSFOREIGN MARKETSFRAUDFUNDING SOURCESFUTURE CASH FLOWSGOVERNMENT ACCOUNTSGOVERNMENT BANKGOVERNMENT BORROWINGGOVERNMENT BORROWINGSGOVERNMENT DEBTGOVERNMENT GUARANTEESGOVERNMENT SECURITIESHUMAN RESOURCEINDEBTEDINDEBTED POOR COUNTRYINFORMATION SHARINGINSTITUTIONAL ARRANGEMENTSINSTITUTIONAL INVESTORSINSURANCEINSURANCE COMPANIESINTEREST RATEINTEREST SUBSIDIESINTERNATIONAL DEBTINVENTORYISSUANCEISSUANCE OF BONDSISSUANCE OF GUARANTEESISSUANCE OF T-BILLSISSUANCESJUDICIARYLEGAL FRAMEWORKLENDERLENDERSLEVELS OF DEBTLIQUIDITYLOANLOAN AGREEMENTLOAN AGREEMENTSLOAN CONTRACTSLOAN DISBURSEMENTLOAN GUARANTEESLOAN NEGOTIATIONLOAN NEGOTIATIONSLOCAL BANKSLOCAL CURRENCYLOCAL-CURRENCY DEBTLONG-TERM DEBTMACROECONOMIC POLICIESMACROECONOMIC POLICYMANDATEMARKET PARTICIPANTSMATURITIESMATURITYMATURITY DATEMONETARY FINANCINGMONETARY FUNDMONETARY POLICYMULTILATERAL DEBTMULTILATERAL DEBT RELIEFNATIONAL DEBTNATIONAL TREASURIESOUTSTANDING ADVANCESOUTSTANDING BALANCESPAYMENT SYSTEMPAYMENT SYSTEMSPENSIONPENSION SYSTEMPLEDGESPORTFOLIOPOST OFFICEPRICE STABILITYPRIMARY MARKETPRIVATE FINANCIAL INTERMEDIARYPUBLIC BORROWINGPUBLIC DEBTPUBLIC FINANCEPUBLIC FINANCESPUBLIC SECTOR DEBTREAL ESTATERECEIPTREGISTRY SYSTEMRESERVERETURNRISK MANAGEMENTSECURITIESSHORT-TERM BORROWINGSHORT-TERM DEBTSOCIAL SECURITYSOURCE OF FUNDSSTATUTORY REQUIREMENTSUB-NATIONAL ENTITIEST-BILLT-BILL MARKETT-BONDT-BONDSTAXTAX COLLECTIONTECHNICAL ASSISTANCETOTAL DEBTTRANSACTIONTREASURYUNIONUSE OF DERIVATIVESWorld Bank10.1596/16229