THE ARAB MONETARY FUND, IN COOPERATION WITH THE WORLD BANK GROUP, IS ORGANIZING A COURSE ON "DEBT MANAGEMENT STRATEGIES AND DEVELOPMENT OF DEBT MARKETS IN THE ARAB COUNTRIES", ABU DHABI, UNITED ARAB EMIRATES

THE ARAB MONETARY FUND, IN COOPERATION WITH THE WORLD BANK GROUP, IS ORGANIZING A COURSE ON "DEBT MANAGEMENT STRATEGIES AND DEVELOPMENT OF DEBT MARKETS IN THE ARAB COUNTRIES", ABU DHABI, UNITED ARAB EMIRATES











The seminar "Strategies for Debt Management and Development of Debt Markets in the Arab Countries", organized by the Institute for Economic Policy in the Arab Monetary Fund in cooperation with the World Bank Group, opened today at the Fund's headquarters in Abu Dhabi from 21 to 25 April 2019.  




The course focuses on the fundamentals of setting clear and quantitative indicators of debt indicators and the mechanism of coordination between the public debt management authorities, taking into account the institutional framework for public debt management from analysis and recording of data and debt portfolio risk analysis, taking into account the occasional commitments that the government may face, Which is conducive to attract foreign investment in light of the availability of the necessary infrastructure and thus reduce the cost of borrowing and facilitate the financing of investment opportunities, which leads to the improvement of economic activity and growth.

The course focuses on the basics of effective public debt management, taking into account the overall framework of debt management policies, transparency and coordination among relevant authorities, framing the principles of governance, disclosure and making available information available for publication, analysis of cost and risk components, development of local markets and interaction with market trends and indicators. Economic performance.

On this occasion, Dr. Abdulrahman bin Abdullah Al Humaidi, Director General and Chairman of the Fund, said:





















a word

His Excellency Dr. Abdulrahman bin Abdulla Al-Humaidi,

General Manager and Chairman

At the opening of the session

About

"Debt Management Strategies and Development of Debt Markets in Arab Countries"

In cooperation with

World Bank Group

Abu Dhabi

2019 April 25-21



Dear sisters and brothers

I am very pleased to welcome you to the opening of the "Strategies for Debt Management and Development" course

Debt Markets in Arab Countries "held by the Institute of Economic Policy in the IMF

The hopes of your Arab experience in cooperation with the World Bank Group. That the session should contribute to enrichment and deepening

In this area, which is becoming increasingly important in achieving financial sustainability

Stability.

The growing importance of public debt management and debt market development is unknown to you

In the medium and long term

The growing funding needs of Arab countries on the one hand and the need for a framework on the other

For fiscal policy, with the ultimate aim of increasing the efficiency of both revenue and expenditure control. The

This has a direct impact on the macro-economic policies pursued by the state and affects

Stability and stability of its financial system.

Dear sisters and brothers

The course focuses on the basics of setting clear and quantitative goals for debt indicators, and a mechanism

Coordination between authorities based on public debt management, taking into account the institutional framework

In consideration

To manage public debt from analysis and recording of data and analysis of debt portfolio risk, taking

The contingent liabilities that the Government may face and the development of a clear management strategy for the system

Public debt, which encourages foreign investment in the availability of infrastructure

Thus reducing the cost of borrowing and facilitating the financing of investment opportunities

Improving economic activity and growth.

The course also aims to learn about the basics of effective public debt management so that it takes the framework

General policy of debt management in consideration, transparency and coordination between the authorities concerned and framing

Principles of governance, disclosure and availability of possible information for dissemination, and analysis of cost elements

Risk, development of local markets, and interaction with market players and performance indicators

Economic development.

The course also highlights the requirements for developing an active market for government securities

Regulating the issuance of government securities with different maturities to form a yield curve

Taking into account the diversity of the underlying financial instruments and the investor base, and strengthening

The role of market makers, and support and regulation of primary market issues. Also includes, support

Communicate with investors and market participants.

Dear sisters and brothers

The course is rich in relevant topics in setting the framework for financial sustainability

The focus of the course on many axes:

• Indicators of exposure to debt risk and methods of calculation.

• Development policies for debt markets and infrastructure.

• The role of Islamic Sukuk in financing.

• The regulatory framework for public debt management.

• How to prepare the State's strategy for public debt management with its cost elements

And risk, with a review of some of the experiences of our Arab countries and the world.

• In addition to hands-on preparation of the medium-term debt strategy.

In conclusion, I would like to extend my thanks to the World Bank, which is participating in many of its activities

And for its cooperation with the Institute of Economic Policy to enrich this session and for fruitful cooperation

Looking forward to future joint sessions and took advantage of the opportunity to advance to the distinguished experts from the World Bank

The Fund also thanked. I would encourage you to seize this opportunity to take advantage of the experiences

And explore the experiences of the countries of the world, which maximizes the benefit of this session.

I wish you a successful course and a good stay in the UAE.

E / L







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