WORKSHOP | Virtual peer-to-peer workshop on ESG instruments
On June 28, 2022, the GDRM Program, organized a workshop to provide an opportunity for debt managers to exchange experiences in the use of ESG instruments and their pros and cons.
FEATURE STORY | Supporting Egypt’s Inaugural Green Bond Issuance
Under the GDRM Program, the World Bank, a pioneer of green bonds and sustainable development bonds, provided expertise for Egypt’s inaugural green bond issuance. Read more
EVENT | 4th Roundtable of Government Debt and Risk Management
February 22-23, 2022
The GDRM Program held the 4th Roundtable event to provide a platform for debt managers in GDRM countries to share their work and accomplishments as well as to engage with their peers in discussions on debt management challenges during the pandemic, the use of ESG (Environmental, Social and Governance) instruments in debt management, and fiscal risk management. Due to the COVID-19 pandemic, the event was held virtually. Read more
FEATURE STORY | Ten Years of Success: How Colombia Used a World Bank Program to Help Shock-Proof its Economy
Colombia and the Government Debt and Risk Management (GDRM) Program celebrate the 10-year anniversary of a successful partnership in strengthening the country’s resilience to economic shocks. Read more
FEATURE STORY | "Solarizing" Peru — strengthening Peru's fiscal resilience amid COVID-19
The Peruvian government partnered with GDRM Program to build a deep and liquid domestic government-securities market, dominated in soles, the local currency. Read More
FEATURE STORY | More Transparency, Less Risk: North Macedonia Adopts Credit-Risk Methodology for Sovereign Guarantees
North Macedonia, with GDRM Program support, introduced new legislation to improve transparency, assessment, and management of public finance risks. Read more
FEATURE STORY | Managing Fiscal Risk in Colombia
The Colombian government has partnered with the World Bank's Government Debt and Risk Management (GDRM) Program for developing a new methodology to improve the mitigation of contingent liabilities for infrastructure projects Read more
FEATURE STORY | Indonesia – A Recipe for Stronger Financial Risk Management
Indonesia gradually and steadily, with GDRM Program support, adopted a sovereign asset and liability management (ALM) approach for increasing fiscal resiliency. Read more
PRESS RELEASE | World Bank to Support Serbia Manage Fiscal Risks
World Bank announced the launch of a new advisory project under the GDRM program umbrella which will assist Serbia in managing fiscal risks and building fiscal resilience. SECO is increasing the budget of the GDRM Program by $1.5 million. Read more
WEBINAR | Colombian Experience: Issuing the first 30-year bond through domestic syndication
On September 9, 2020, the Colombian Ministry of Finance and Public Credit successfully issued their first 30-year government security, In this GDRM Program webinar, Cesar Arias, Director of Public Credit and National Treasury, shares Colombia’s experience with public debt managers across the world. Read more
NEWS | Northern Macedonia: Credit rating stable even in the time of COVID-19
Rodrigo Cabral, Senior Debt Specialist and GDRM program manager, World Bank and Bojan Shimbov, Economist, World Bank, discuss the effects of COVID-19 on the Macedonian economy for Voice of America. Read more
NEWS | Egypt set to issue first green sovereign bond
The World Bank, through the Government Debt and Risk Management (GDRM) program supported the government of Egypt in making its debut in sovereign green bond issuance - a first in the Middle East and North Africa region. The GDRM program looks forward to providing technical assistance for post-issuance allocation and impact reporting. Read more
EVENT |2017 GDRM Roundtable - Navigating Debt Markets
Event description. October 16-17, 2017
About GDRM Roundtable:
The World Bank Treasury has successfully concluded its second Government Debt and Risk Management (GDRM) program roundtable. 27 government debt managers representing 18 emerging market countries gathered in the World Bank Treasury building in downtown Washington DC to share experiences and sound practices with fellow debt managers.
The participants discussed a range of topics related to the theme of navigating debt markets, such as currency choice, using cross-currency swaps, innovative financial instruments, international settlement of local currency bonds, and managing relations with non-resident investors. The member countries also had the opportunity to review individual country cases and concluded the roundtable session with discussions about how the second phase of the GDRM program can support member countries in their efforts.
Learn more here.
EVENT | 2016 GDRM Day - What Have We Learned and Where Do We Go from Here?
October 18, 2016
About GDRM Day: During this seminar, the Government Debt & Risk Management Program leaders and participating countries came together to take stock of the achievements, share experiences on reform implementation and learn from reform initiatives in program countries.
Learn more here.