Debt Management Financial Analysis System, Phase II
This project will support the introduction of the UNCTAD Debt Management and Financial Analysis System (DMFAS) in Azerbaijan, Kyrgyzstan and Tajikistan as well as a DMFAS upgrade in Egypt with a view to strengthen the countries’ debt management capacity and transparency.
Debt management has become increasingly complex. Nowadays, it includes factors such as capital market borrowing, hedging and derivatives, contingent liabilities, and IT developments such as mobile-, web-based- and cloud-technologies. Debt managers therefore need a modern and comprehensive system that allows to consolidate, store and analyse debt data in a secure manner. DMFAS is such a system. It was a co-founded by SECO in the 1980s. Since then, the system has evolved to become the world's most popular debt management system, currently used by 85 institutions in 57 countries.
Improving debt management capacity in SECO partner countries Azerbaijan, Egypt, Kyrgyzstan and Tajikistan. This is expected to improve debt management efficiency and sustainability and increase debt transparency in the four target countries.
The partner countries' technical and functional capacity to record, process, monitor, report, disseminate and analyse the public external and domestic debt is strengthened.
Successful installation of the latest DMFAS version (6) in four SECO partner countries.
Comprehensive IT staff training to install and maintain the DMFAS system.
Extensive training for the Ministries of Finance and in some cases Central Banks and Treasuries in the areas of debt statistics, analytics and reporting.
Operational risk management training.
Support to IT staff in the development of an interface to other IT systems in the Ministries of Finance.
Resultate von früheren Phasen:
SECO previously supported the introduction of DMFAS in Albania and Indonesia. In both countries, DMFAS is now used effectively and interfaced with the broader IT system of the Ministry of Finance.
|Budget||Laufende Phase Schweizer Beitrag CHF 2’350’000 Bereits ausgegebenes Schweizer Budget CHF 0 Budget inklusive Projektpartner CHF 2’869’200|
Phase 4 01.01.2018 - 31.12.2022 (Active)