Events

Rising Tide of Debt: Risk, Resilience, Responsibility

May 28-29, 2018

Brussels, Belgium

This timeline shows some of the milestones from the Debt Management Facility (DMF) program, from 2007 to 2018.

World Bank Group


The ninth Debt Management Facility (DMF) Stakeholders’ Forum Rising Tide of Debt: Risk, Resilience, Responsibility will be held in Brussels, Belgium on May 28-29, and it is jointly organized by the European Commission and the World Bank Group.

Follow the event on Twitter via #DMFFORUM2018

  • The Forum will facilitate the discussion of issues in public debt management in a changing global environment, faced by developing countries. The Forum is targeted for policy-makers and government debt managers, international and regional technical assistance providers, representatives of civil society organizations, as well as bilateral donors and multilateral development banks.

    REGISTRATION | HOTEL RESERVATION

     

  • May 28, 2018 DAY ONE

    8:00-9:00 am

    Registration

    9:00-10:00 am

     

     

    Introduction (5 mins): Ms. Abha Prasad, former DMF Program Manager.

    Welcome Address: Mr. Carlos Felipe Jaramillo, Senior Director, Macroeconomics, Trade and Investment (MTI), World Bank Group (WBG).

    Keynote Address: Mr. Stefano Manservisi, Director-General of International Cooperation and Development, European Commission.

     

    10:00-10:15 am

    Coffee Break 

    10:15 - 11:30 am

    Plenary Session 1:  Global Perspectives on Public Debt

    Moderator:

    Ms. Efthymia (Efi) Koutsokosta, EU Correspondent, Euronews Brussels

    Panelists:

    1.     Ms. Antoinette Sayeh, Distinguished Visiting Fellow, Centre for Global Development, Washington DC.

    2.     Mr. Guillaume Chabert, co-chair of the Paris Club, Assistant Secretary, Department for Multilateral Affairs, Trade and Development Policies, French  Treasury.

    3.     Mr. Moritz Kraemer, International Expert, Sovereign risk, economic policy and multilateral lending institutions, Switzerland.

    11:30am-12:45 pm

    Plenary Session 2: Are Debt Levels and Risks Rising – and if so, how can We Stem the Tide?

    Moderator:

    Ms. Paloma Anós Casero, Director, MTI, WBG

    Panelists:

    1.     Ms. Elena Flores, Director, International Economic and Financial Relations, Global Governance, DG ECFIN, European Commission.

    2.     Mr. Mark Flanagan, Assistant Director, Strategy Policy and Review Department, International Monetary Fund (IMF).

    3.     Mr. Eric Lalo, Managing Director, Co-Head Sovereign Advisory Group, Lazard Asset Management Company.

    4.     Mr. Liviu Voinea, Deputy Governor, National Bank of Romania

    12:45- 2:00 pm

    Lunch

    2:00-3:30 pm

    Breakout Session 1: Responsible Financing: The role of the Private Creditors

    Moderator:

    Ms. Erica Gerretsen, Head of Unit, Budget Support and Public Finance Management, European Commission.

    Panelists:

    1.     Mr. Agostino Consolo, Directorate General, Economic Department, European Central Bank.

    2.     Ms. Patience Oniha, Director General, Debt Management Office (DMO), Nigeria. (TBC).

    3.     Mr. Kevin Daly, Portfolio Manager, Emerging Market Debt, Aberdeen Standard Investments, United Kingdom.

    4.     Mr. Bodo Ellmers, Policy and Advocacy Manager, Debt and Financial Reforms, European Network on Debt and Development (Eurodad), Belgium.

    2:00-3:30 pm

    Breakout Session 2: Responsible Management: To get countries more resilient to shocks?

    Moderator:

    Mr. Phillip Anderson, DMF Panel of Experts

    Panelists:

    1.      Ms. Catherine Pattillo, Assistant Director, Fiscal Affairs Department, IMF.

    2.      Mr. Emre Balibek, Senior Debt Specialist, GMTMD, MTI, WBG.

    3.      Ms. Stella Nteziryayo, Head of Debt Office, Ministry of Finance and Economic Planning,  Rwanda.

    4.      Mr. Mathew Martin, Director, Development Finance International, United Kingdom.

    3:30-4:00 pm

    Coffee Break

    4:00-5:30 pm

    Breakout Session 3: Debt Transparency

    Moderator:

    Mr. Massimiliano Paolucci, Special Representative to the European Institutions, NATO, the Kingdom of Belgium and the Grand-Duchy of Luxembourg, WBG.

    Panelists:

    1.     Mr. Grant Cameron, Manager, Development Data Group, WBG.

    2.     Mr. Lawrence Norton, U.S. Treasury Representative to the EU, Belgium.

    3.     Mr. Gerry Teeling, Senior Economic Affairs Officer and Head, Debt Management and Financial Analysis Systems (DMFAS Program, UNCTAD).

    4.     Ms. Arijeta Neziraj–Elshani, Deputy Treasurer, Cash and Debt Management,  Ministry of Finance, Kosovo.

    4:00-5:30 pm

    Breakout Session 4: The Foundation for Sound Debt Management: Laws and Institutions

    Moderator:

    Mr. Tomas Magnusson, Chair, DMF Panel of Experts.

    Panelists:

    1.     Mr. Mike Williams, International Expert, United Kingdom.

    2.     Ms. Lilia Razlog, Senior Debt Specialist, GMTMD, MTI, WBG.

    3.     Mr. Subash Chand, Director, Public Debt Management Cell, Department of Economic Affairs, Ministry of Finance, India.

    4.     Ms. Donna Yearwood, Head, Debt Management Division, Ministry of Finance,
    Guyana. 

    6:30 - 8:00 pm

    Reception at Thon Hotel (hosted by the EC)

     







    May 29, 2018, DAY TWO

    9:00-10:15 am

    Plenary Session 3: Domestic Debt Market Development to Mitigate Risks

    Moderator:

    Mr. Anderson Caputo Silva, Practice Manager, Finance and Markets, WBG.

    Panelists:

    1.     Mr. Lars Mayland Nielsen, Head of Monetary Policy Operations and Govt. Debt; Danmarks Nationalbank, Denmark.

    2.     Ms. Patience Oniha, Director General, Debt Management Office (DMO), Nigeria.

    3.     Mr. Yasantha Weerasinghe, Deputy Superintendent, Public Debt, Central Bank of Sri Lanka.

    4.     Ms. Maria Cannata, Member of Council of Experts, Treasury Department, Ministry of Economy and Finance, Italy.

    10:15-10:45 am

    Coffee Break

    10:45 am- 12:00pm

    Breakout Session 5: Managing Subnational Debt Risks

    Moderator:

    Mr. Hamed Yaqoob Sheikh, Finance Secretary, Government of Punjab, Pakistan

    Panelists:

    1.      Ms. Izabella Barati-Stec, Visiting Professor, Central European University, Hungary.

    2.     Ms. Na Zhu, Deputy Director, Government Debt Management Division, Department of Finance, Hunan Province, China.

    3.     Ms. Abha Prasad, Program Leader, Latin American and the Caribbean, WBG.

    4.     Mr. Nura Danmadani, Director General, Bauchi State Debt Management Agency, Bauchi State, Nigeria.

    10:45 am- 12:00pm

    Breakout Session 6: Debt Sustainability Framework (DSF) Reforms

    Moderator:

    Ms. Doerte Doemeland, Practice Manager, GMTMD, MTI, WBG.

     

    1.     Ms. Lea Hakim, Senior Economist, GMTMD, MTI, WBG.

    2.     Mr. Baba Musa, Director, Debt Management Department, West African Institute for Financial and Economic Management (WAIFEM).

    3.     Mr. Dougal Martin, Lead Economist, Vice-Presidency of Countries, Inter-American Development Bank (IADB).

    4.     Mr. Leonce Yapo, Principal Country Economist,  AfDB.

    12:00-1:15 pm

    Plenary Session 4: Managing Risk under an Evolving Landscape

    Moderator:

    Ms. Doerte Doemeland, Practice Manager, GMTMD, MTI, WBG.

    Panelists:

    1.     Mr. Daniel Hardy, Division Chief, Monetary and Capital Markets Department, IMF.

    2.     Mr. Teppo Koivisto, Chairman OECD Working Party on Public Debt Management and Director of Finance, Head of Divison, State Treasury, Finland.

    3.     Ms. Razia Khan, Managing Director and Chief Economist Africa, Standard Chartered Bank.

    4.     Mr. Erjon Luci, Deputy Minister of Finance and Economy, Ministry of Finance, Albania.

    1:15-2:30 pm

    Lunch

    2:30- 3:45 pm

    Breakout Session 7:  Asset and Liability Management: Challenges and Opportunities

    Moderator:

    Mr. Lars Jessen, Lead Debt Specialist, GMTMD, MTI, WBG.

    Panelists:

    1.     Mr. Mkhulu Maseko, Director, Credit Risk, Strategy and Risk Management, Ministry of Finance, South Africa.

    2.     Mr. Herman Kamil, Director, Debt Management Unit, Ministry of Economy and Finance, Uruguay.

    3.     Mr. Sebastian Boitreaud, Lead Financial Officer, Sovereign Debt, Financial and Banking Advisory Services, WBG.

    4.     Ms. Nouran Youssef,  Senior Financial  Sector Specialist  Arab Monetary Fund (AMF).

    2:30 - 3:45 pm

    Breakout Session 8:  Managing Debt in Small States

    Moderator:

    Mr. John Venner, Adviser, Statistics, Eastern Caribbean Central Bank (ECCB).

    Panelists:

    1.     Ms. Pamella McLaren, Adviser and Head, Debt Management, Economic, Youth & Sustainable Development Directorate – DMU, Commonwealth Secretariat.

    2.     Mr. Ebrima Darboe, Director, Directorate of Loans and Debt Management, Ministry of Finance and Economic Affairs, The Gambia.

    3.     Ms. Vera John-Emmanuel, Ag. Deputy Director of Finance Debt & Investment
    Management Unit, Department of Finance, St. Lucia.

    4.     Ms. Malvina Pollack, International Expert, USA.

    3:45-4:15 pm

    Coffee Break

    4:15 -5:30 pm

    Round Table: What has the DMF Achieved? What’s Next?

    Moderator:

    Mr. Roger Nord, Deputy Director, Institute for Capacity Development (ICD), IMF.

    Panelists:

    1.     Ms. Elisabeth Gruber, Director, International Financial Institutions, Federal Ministry of Finance, Austria.

    2.     Ms. Abha Prasad, Program Leader, Latin American and the Caribbean, WBG.

    3.     Mr. Baba Musa, Director, Debt Management Department, West African Institute for Financial and Economic Management (WAIFEM)

    4.     Mr. Stanislas Nkhata, Director, Debt Managment Program, Macroeconomic and Financial Management Institute of Eastern and Southern Africa (MEFMI).

    5.     Mr. Phillip Anderson, DMF Panel of Experts.

    5:30-6:30 pm

     

    Closing:

    A Conversation with Ms. Erica Gerretsen, Head of Unit, Budget Support and Public Finance Management, European Commission; Ms. Paloma Anos Casero (WBG), DMF Co-Chair; and Mr. Moritz Kraemer, International Expert, sovereign risk, economic policy and multilateral lending institutions, Switzerland.

    Closing Remarks: Mr. Carlos Felipe Jaramillo, Senior Director, MTI, WBG.