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Showing posts from April 24, 2016

"Debt Management Performance Assessment" (DeMPA)

"Debt Management Performance Assessment is a methodology for assessing performance through a comprehensive set of  'Debt Management Performance Indicators (DPI's), spanning the full range of government debt management functions". These broad government debt management functions are: Governance and Strategy Development Coordination with Macroeconomic Policies Borrowing and Related Financing Activities Cash Flow Forecasting and Cash Balance Management Operational Risk Management Debt Records and Reporting. Debt Management Performance Assessment is based on the principles set out in the World Bank-International Monetary Fund Guidelines for Public Debt Management (2001, 2014).  The indicator set is intended to be an internationally recognized standard in the government debt management field and may be applied in all developing countries. Debt Management Performance Assessment  is modeled after the Public Expenditure and Financial Accountability (PEFA