Effective public debt management can reduce financial vulnerabilities, contribute to macroeconomic stability, preserve debt sustainability, and protect a government's reputation among investors. Debt managers around the world must find a balance between borrowing to finance the government needs while keeping costs and risks low. Volatile interest rates and exchange rates can create uncertainty around borrowing decisions.
The World Bank Group helps client countries strengthen their ability to manage debt effectively through assessments, expert advice and training. We provide a range of diagnostic assessments designed to bolster governance and institutional frameworks. World Bank Group experts also provide assistance in formulating country-specific strategies for borrowing and repaying debt.