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Effective Domestic Debt Management in Developing Countries

image of Effective Domestic Debt Management in Developing Countries

The management of domestic debt is a major policy issue in many Commonwealth countries. As part of its advisory service in debt and resource management, the Commonwealth Secretariat held three workshops on Effective Domestic Debt Management; one for the Caribbean region, one for the Asia/Pacific region and one for African countries. Their object was to help developing Commonwealth countries to manage their debt more effectively by discussing the issues involved and learning from each others’ experience. This report is a compendium of the discussions and papers read at these workshops.

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Checklist for Action

The Economic and Legal Advisory Services Division (ELAS) of the Commonwealth Secretariat held three workshops on Effective Domestic Debt Management in June 1996 for the Caribbean region, in December 1996 for countries from the Asia-Pacific region, and in March 1998 for African countries. At the end of each workshop an action plan based on the discussions was issued to all participating countries. A checklist of the action plan is presented below, and reflects the areas where further consideration is required on domestic debt matters.

English

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