Grants and Contributions:

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Title:

Support to Debt Management Facility III

Agreement Number:

7448385 P010154001

Agreement Value:

$700,000.00

Agreement Date:

Mar 22, 2023 - Dec 31, 2024

Description:

The purpose of this project is to strengthen public debt management capacity and institutions, reduce debt-related vulnerabilities and improve debt transparency of low and middle-income countries. It also seeks to provide customized advice on sovereign debt management through the design and application of analytical tools, provision of tailed advisory services, trainings, webinars and peer-to-peer learning. It also facilitates collaboration among debt management technical assistance providers and dialogue on debt issues among different stakeholders. Project activities include: (1) technical assistance and training that include the provision of country-tailored advice and global public goods in areas including diagnostic, reform plan and advisory and training to support beneficiary countries’ be better informed when implementing their debt management reforms. 2) peer to peer learning activities to exchange ideas and experiences among practitioners to improve a specific area as well as to foster relationships to facilitate knowledge exchange and collaboration

Organization:

Global Affairs Canada

Expected Results:

The expected results with the implementation of this project are: 1)Enhanced debt management reform roadmap and stronger debt management and cash management structures; 2)Enhanced government capacity to conduct debt sustainability analysis and efficiently manage public debt by having in place clear recording, reporting and monitoring practices for debt and debt-related contingent liabilities and other relevant fiscal risks; 3) Increased effectiveness of debt management offices’ practices in line with up-to-date learning.

Location:

Washington, US

Reference Number:

064-2024-2025-Q2-00494

Agreement Type:

Grant

Report Type:

Grants and Contributions

Recipient Type:

Not-for-profit organization or charity

Additional Information:

Belated reporting

Recipient's Operating Name:

IBRD Trust Funds - World Bank

Recipient's Legal Name:

IBRD Trust Funds - World Bank

Program:

International Development Assistance Program

Program Purpose:

The main purpose on the International Development Assistance Program is to reduce poverty for those living in countries where Global Affairs Canada engages in international development.