World Bank2013-11-062013-11-062009-09https://hdl.handle.net/10986/16234From February 19 to 28, 2009, a World Bank team undertook a debt management performance assessment (DeMPA) mission to Honiara, Solomon Islands. The objective was to undertake a comprehensive assessment of debt management functions applying the DeMPA tool. The assessment reveals that the Solomon Islands meets the minimum requirements for effective debt management performance as specified by the DeMPA tool on the legal framework, coordination with monetary policy, and debt reporting. While taking note of substantial efforts to improve performance in a number of areas, the assessment also found that the Solomon Islands does not meet the minimum requirements for the indicators assessing the debt management strategy, managerial structure, coordination with fiscal policy, domestic borrowing, cash flow forecasting and cash balance management, debt records, and debt recording. The mission also identified the following areas that require improvement and could be considered priorities for capacity building and reform: evaluation of debt management operations; auditing; external borrowing; loan guarantees, on-lending and debt-related transactions; debt administration and data security, and; segregation of duties, staff capacity and business continuity.en-USCC BY 3.0 IGOACCESS TO BANKINGACCESS TO BANKING SERVICESACCESS TO FINANCIAL SERVICESACCESS TO RESOURCESACCOUNTANTACCOUNTINGANNUAL BORROWING PLANAPPROVAL PROCESSARREARSASSET VALUEASSETS RATIOAUCTIONAUCTION MECHANISMAUCTIONSBALANCE OF PAYMENTSBALANCE SHEETBANK ACCOUNTBANK ACCOUNTSBANK DEBTBANKING SECTORBORROWING PLANCAPACITY BUILDINGCAPACITY CONSTRAINTSCAPITAL MARKETCASH BALANCECASH BALANCESCASH FLOWCASH FLOWSCASH HOLDINGSCASH MANAGEMENTCDCENTRAL BANKCENTRAL GOVERNMENT DEBTCHAMBERS OF COMMERCECOMMERCIAL BANKCOMMERCIAL BANKSCOMMODITY PRICESCONTINGENT LIABILITIESCOUPONCREDIT RISKCREDITORCSDEBTDEBT DATADEBT DATA RECORDINGDEBT DATABASEDEBT FLOWSDEBT FORGIVENESSDEBT INFORMATIONDEBT ISSUANCEDEBT LEVELSDEBT MANAGEMENTDEBT MANAGEMENT ACTIVITIESDEBT MANAGEMENT FUNCTIONSDEBT MANAGEMENT OPERATIONSDEBT MANAGEMENT PRACTICESDEBT MANAGEMENT STRATEGYDEBT MANAGEMENT SYSTEMDEBT MANAGEMENT UNITDEBT MANAGERDEBT MARKET DEVELOPMENTDEBT OBLIGATIONSDEBT OUTSTANDINGDEBT RATIOSDEBT RECORDINGDEBT RELIEFDEBT REPORTINGDEBT RESTRUCTURINGDEBT RESTRUCTURING AGREEMENTSDEBT SERVICEDEBT SERVICE OBLIGATIONSDEBT SERVICINGDEBT STOCKDEBT STOCKSDEBT STRATEGYDEBT SUSTAINABILITYDEBT SUSTAINABILITY ANALYSISDEBT TRANSACTIONSDEBTORDEBTOR REPORTING SYSTEMDEBTSDEEDDEPOSITSDERIVATIVEDERIVATIVESDEVELOPMENT ASSISTANCEDEVELOPMENT BANKDISASTER RECOVERYDISBURSEMENTDISBURSEMENTSDOMESTIC BORROWINGDOMESTIC CREDITORSDOMESTIC DEBTDOMESTIC DEBT DATADOMESTIC DEBT ISSUANCEDOMESTIC DEBT MARKETDOMESTIC DEBT MARKET DEVELOPMENTDOMESTIC MARKETECONOMIC DEVELOPMENTSECONOMIC POLICYECONOMIC REFORMEMPLOYEEEXCHANGE RATEEXCHANGE RATESEXPENDITUREEXPENDITURESEXPORT GROWTHEXTERNAL BORROWINGEXTERNAL DEBTEXTERNAL LOANEXTERNAL LOANSEXTERNAL PUBLIC DEBTFACE VALUEFIDUCIARY RESPONSIBILITIESFINANCIAL ACCOUNTSFINANCIAL CRISISFINANCIAL LIABILITYFINANCIAL SYSTEMFINANCING REQUIREMENTSFISCAL POLICYFIXED RATEFOREIGN BANKSFOREIGN EXCHANGEFOREIGN EXCHANGE RISKSFOREIGN MARKETSFUTURE CASH FLOWSGOVERNMENT ACCOUNTSGOVERNMENT BANKGOVERNMENT BANKSGOVERNMENT BORROWINGGOVERNMENT BORROWINGSGOVERNMENT EXPENDITUREGOVERNMENT REVENUEGOVERNMENT SECURITIESGROWTH OPPORTUNITIESHOLDINGHUMAN RESOURCEINFLATIONINFLATIONARY PRESSURESINFORMATION SHARINGINSURANCEINSURANCE CORPORATIONINTEREST ARREARSINTEREST PAYMENTSINTEREST RATEINTEREST RATE RISKINTEREST RATESINTERNAL AUDITSINTERNATIONAL DEVELOPMENTINTERNATIONAL FINANCIAL INSTITUTIONSINTERNATIONAL STANDARDSINVESTMENT BANKISSUANCEISSUANCE OF GUARANTEESLAND OWNERSHIPLEGAL FRAMEWORKLEGAL REQUIREMENTSLENDERLIABILITYLOANLOAN AGREEMENTLOAN AGREEMENTSLOAN GUARANTEESLOCAL CURRENCYLOCAL GOVERNMENTSMACROECONOMIC POLICIESMARKET PARTICIPANTSMARKET RETURNMATURITYMICROFINANCEMONETARY POLICYMULTILATERAL CREDITORSNATURAL DISASTERSNONPERFORMING LOANSOUTSTANDING ADVANCESPAYMENT ORDERSPAYMENT SYSTEMPENSIONPENSION SYSTEMPOLITICAL RISKPOST OFFICESPRIVATE BANKSPRIVATE SECTOR DEBTPUBLIC BORROWINGPUBLIC DEBTPUBLIC EXTERNAL DEBTPUBLIC FINANCEPUBLIC SECTOR DEBTQUALITY OF DEBT MANAGEMENTRATES OF INTERESTREGISTRY SYSTEMRENEGOTIATIONREPAYMENTREPAYMENTSRESERVESRETAIL INVESTORSRETURNRISK MANAGEMENTRISK OF DEBTSECURITIESSETTLEMENTSOURCE OF FUNDSSOVEREIGN DEBTSPECIAL FUNDSSTATE GUARANTEESSTOCK OF DEBTSTOCKSSUBSTANTIAL DEBTT-BILLST-BONDSTAXTECHNICAL ASSISTANCETOTAL DEBTTRADE CREDITORSTRADE CREDITSTRADINGTRANSACTIONTREASURYTREASURY BILLTREASURY BILLSUSE OF DERIVATIVESVALUE OF ASSETSVOUCHERSWARRANTSWorld Bank10.1596/16234