World Bank2013-11-062013-11-062009-12https://hdl.handle.net/10986/16226The results of this assessment show that seven (7) indicators warranted an overall score of C or better, demonstrating compliance with the minimum requirement; these referred to the debt management strategy; evaluation of debt management operation; coordination with fiscal policy; domestic borrowing; external borrowing; debt records and debt reporting, and debt administration and data security. A total of eight (8) indicators did not meet the minimum requirement at the time of the mission. These correspond to legal framework; managerial structure; audit, coordination with monetary policy; loan guarantees and on-lending; cash-flow forecasting and balance management; segregation of duties, staff capacity and business continuity and debt reporting. The mission notes that Ministry of Finance and Economic Development, or MOFED is currently implementing reforms in the areas of public debt management and domestic debt market development, including i) designing a new comprehensive public debt law; ii) implementing the reorganization of the debt management unit in MOFED; iii) formulating and implementing a procedures manual for debt management functions in MOFED; iv) implementing connectivity between two major data bases, namely CSDRMS and the integrated financial management system of the government. As a consequence, the mission expects several of these indicators to improve with reform implementation.en-USCC BY 3.0 IGOACCOUNTANTACCOUNTINGAGGREGATE DEBTAUCTIONAUCTIONSBALANCE SHEETBANK ACCOUNTBANK ACCOUNTSBANK CREDITBANK FINANCINGBANK LOANBANK LOANSBANK MARKETBANKING SYSTEMBEARER BONDSBENEFICIARYBIDBIDSBONDBOOK ENTRYBOOK ENTRY SYSTEMBOOK-ENTRYBORROWING PLANBROAD MONEYBUDGET DEFICITBUDGET DEFICITSCAPACITY BUILDINGCAPITAL MARKETSCASH BALANCECASH BALANCESCASH FLOWCASH FLOWSCASH MANAGEMENTCATEGORY OF DEBTCENTRAL BANKCENTRAL GOVERNMENT DEBTCHECKSCOMMERCIAL BANKCOMMERCIAL BANKSCOMMERCIAL BORROWINGCONTINGENT LIABILITIESCONTRACTUAL OBLIGATIONSCREDIT LINECREDIT RISKCREDIT RISK ASSESSMENTSCREDITORCREDITORSCURRENT ACCOUNT DEFICITDATED INSTRUMENTSDEBT DATADEBT DATABASEDEBT FLOWSDEBT INSTRUMENTDEBT INSTRUMENTSDEBT ISSUANCEDEBT LEVELSDEBT MANAGEMENTDEBT MANAGEMENT ACTIVITIESDEBT MANAGEMENT CAPACITYDEBT MANAGEMENT DEPARTMENTDEBT MANAGEMENT FUNCTIONSDEBT MANAGEMENT OPERATIONDEBT MANAGEMENT POLICYDEBT MANAGEMENT STRATEGYDEBT MANAGEMENT UNITDEBT MARKET DEVELOPMENTDEBT MATURITIESDEBT OBLIGATIONSDEBT OPERATIONSDEBT OUTSTANDINGDEBT OVERHANGDEBT PAYMENTDEBT POLICYDEBT RELIEFDEBT REPORTINGDEBT RESTRUCTURINGDEBT SERVICEDEBT SERVICINGDEBT TRANSACTIONSDEBTORDEBTOR REPORTING SYSTEMDEPOSITDEPOSITSDERIVATIVESDEVELOPMENT BANKDISBURSEMENTDISBURSEMENTSDOMESTIC ARREARSDOMESTIC BANKDOMESTIC BONDSDOMESTIC BORROWINGDOMESTIC CAPITALDOMESTIC CAPITAL MARKETDOMESTIC DEBTDOMESTIC DEBT MARKETDOMESTIC DEBT MARKET DEVELOPMENTDOMESTIC INTEREST RATESDOMESTIC MARKETDOMESTIC MARKETSECONOMIC DEVELOPMENTECONOMIC DEVELOPMENTSESCROWEXCHANGE RATEEXPENDITUREEXPENDITURESEXTERNAL BORROWINGEXTERNAL BORROWINGSEXTERNAL COMMERCIAL BORROWINGEXTERNAL DEBTFINANCIAL INFORMATIONFINANCIAL MANAGEMENTFINANCIAL MARKETFINANCIAL MARKETSFINANCIAL PORTFOLIOFINANCIAL RISKFINANCIAL STABILITYFISCAL DEFICITFISCAL POLICYFIXED INTERESTFIXED INTEREST RATESFOREIGN CURRENCYFOREIGN CURRENCY DEBTFOREIGN CURRENCY RISKFOREIGN CURRENCY RISKSFOREIGN FINANCINGFOREIGN MARKETSFUTURE CASH FLOWSGOVERNMENT ACCOUNTGOVERNMENT BANKGOVERNMENT BONDSGOVERNMENT BORROWINGSGOVERNMENT BUDGETGOVERNMENT DEBTGOVERNMENT FINANCEGOVERNMENT GUARANTEESGOVERNMENT PAPERGOVERNMENT POLICIESGOVERNMENT SECURITIESHOLDINGHOLDINGSHUMAN RESOURCEINDEBTEDNESSINFLATIONINFLATIONARY PRESSURESINSTITUTIONAL CAPACITYINSURANCEINTEREST RATEINTEREST RATE PAYMENTSINTEREST RATE RISKINTEREST RATESINTERNAL AUDITINTERNAL AUDITSINTERNATIONAL FINANCEINTERNATIONAL STANDARDSISSUANCELEGAL AGREEMENTSLEGAL FRAMEWORKLEGAL OBLIGATIONLENDERLENDERSLEVEL OF DEBTLIQUIDITYLOANLOAN AGREEMENTLOAN AGREEMENTSLOAN GUARANTEESLOCAL BANKSLOCAL CURRENCYLOCAL GOVERNMENTLONG TERM DEBTLONG-TERM DEBTMACROECONOMIC POLICIESMACROECONOMIC STABILITYMARKET PARTICIPANTSMARKET REFORMSMARKETABLE DEBTMARKETABLE INSTRUMENTSMATURITIESMATURITYMONETARY POLICYMONETARY STABILITYMONEY MARKETSNATIONAL DEBTOIL PRICESOUTSTANDING LOANSOUTSTANDING PUBLIC DEBTOUTSTANDING STOCKPAYMENT ORDERPAYMENT ORDERSPAYMENT SYSTEMPENSIONPENSION SYSTEMPORTFOLIO RISKSPRICE STABILITYPRIMARY DEALERSPRIMARY MARKETPRIVATE FINANCINGPRIVATE SECTOR BANKPUBLIC DEBTPUBLIC DEBT MANAGEMENTPUBLIC DEBT STOCKPUBLIC SECTOR DEBTREGISTRY SYSTEMREPAYMENTREPOSRESERVERESERVESRISK MANAGEMENTSECONDARY MARKETSETTLEMENTSOLVENCYSTOCK EXCHANGESTOCKST- BILLST-BILLT-BILLST-BONDT-BONDSTAXTELECOMMUNICATIONSTERM DEPOSITSTOTAL DEBTTRANSACTIONTRANSPARENCYTREASURYTREASURY BONDSTREASURY NOTESTURNOVERUSE OF DERIVATIVESYIELD CURVEWorld Bank10.1596/16226