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.
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.
"Solarizing" Peru — strengthening Peru's fiscal resilience amid COVID-19
The Peruvian government partnered with the World Bank's Government Debt and Risk Management (GDRM) Program to build a deep and liquid domestic government-securities market, dominated in soles, the local currency.
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.
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.
Indonesia – A Recipe for Stronger Financial Risk Management
Indonesia, with support from the GDRM program, gradually and steadily adopted a sovereign asset and liability management (ALM) approach for increasing fiscal resiliency.
Ukraine: Building the domestic debt market for local currency issuances
Through a partnership with the GDRM Program, Ukraine is moving in the right direction for developing the domestic debt market: increased communication with the investors, move to benchmark securities and the expansion of UAH investors.
Looking at the big picture: Sovereign Balance Sheet Risk Management Workshop introduces additional methods to account for both Assets and Liabilities
In Thailand, participants of the GDRM Sovereign Balance Sheet Risk Management workshop become the change agents to make the country more resilient to economic shocks.
Colombia: Changes in primary dealer system improve the efficiency of the government securities market
Colombia partners with the World Bank Treasury - Government Debt and Risk Management (GDRM) Program in their quest to modernize the primary dealer system for government securities.
The GDRM Program Phase I Completion Report is published
Supporting our clients develop sophisticated skills and tools to manage public debt in a more strategic, less risky, less costly, and more transparent way.
A classroom where the sound practice meets with the impact: Inaugural Cash Management Workshop
The GDRM Program is strengthening public servants’ capacity to manage debt through a new workshop about cash flow forecasting and cash management.
Albania: Helping the government reduce the cost of borrowing
The World Bank and the Albanian authorities have started an innovative Pilot project for developing a secondary market for government securities.
Azerbaijan: Just-in-time support for the economy
The Azerbaijan ministry of finance collaborated with World Bank Group to help develop a public finance strategy for the medium term, providing policy guidance for sustainable and sound public debt management for all stakeholders.
North Macedonia’s drive for excellence: shaping and maintaining a state of the art Public Debt Department
North Macedonia’s pursuit to build human capital to make the economy more resilient to fiscal shocks is supported with the World Bank Treasury GDRM Program - North Macedonia Public Debt Department partnership.
South Africa on the Right Track - Assessing the Contingent Liabilities from State-Owned Enterprises
The South African debt management office’s partnership with the World Bank Treasury GDRM Program is making significant strides towards assessing and managing government’s contingent liabilities.
Envisioning the Future in Colombia
GDRM program’s support for fine-tuning risk assessment and the management of contingent liabilities for the Colombian government.
Ghana: Catalyzing South–South Dialogue for Managing Contingent Liabilities
As a part of the ambitious fiscal reform plan, Ghana partnered with the GDRM program to improve risk monitoring and assessment related to contingent liabilities.
A hard swap – Supporting Tunisia in better understanding the foreign currency exposure for government debt operations
Tunisian debt management office partnered with the GDRM program to develop an accurate methodology to measure the fair value of currency swaps.
Serbia: After the Crises -Making the Economy More Resilient to Financial Shocks
The Serbian Public Debt Administration partnered with the GDRM program to reduce borrowing costs and exposure to financial risks.
Peru: Sending the Right Market Signals
Peruvian government worked with the GDRM program on improving the debt management strategy to provide more clarity and transparency in the domestic issuance of government securities to investors.
Indonesia: Basing Infrastructure Investment on More Solid Ground
The Indonesian government partnered with the GDRM Program to assess and manage the risks of government guarantees for infrastructure projects.
Vietnam: Building a Framework for Mobilizing Development
Vietnam has partnered with the GDRM program to improve its Public Debt Law to support investment in infrastructure and social programs.
Best-in-Class: Serbia’s Solution for Improved Debt Management
Serbia partnered with the GDRM program to receive technical assistance to build institutional capacity for debt management.
Designing a Better Financial Shock Absorber to Improve Risk Management of South Africa’s Debt Portfolio
South Africa has improved the financial risk management of its public debt portfolio thanks to a tailor-made model designed to analyze the costs and risk factors.
Solarizing Peru - Supporting local currency debt market development
Video | May, 2020
Ukraine: Making Local Currency Bonds More Attractive for Foreign Investors
Video | September, 2019
Albania: Overcoming the boundaries of a small domestic market
Video | July, 2019
Supporting South Africa: contingent liability management and better communication to stakeholders
Video | June 19 , 2018
How has Serbian Debt Management benefited from the GDRM Program
Video | March 19, 2018
Supporting Peru in deepening domestic markets and revising the debt management strategy, an interview with Carlos Blanco
Video | January 15, 2018
Supporting Colombia - for a sound debt management framework
Video | August 10, 2017
Supporting Ghana in Transitioning from a Low Income to a Middle Income Country: An Interview with Samuel D. Arkhurst
Video | June 5, 2017
Why We Fund the GDRM Program: An Interview with Rosmarie Schlup, Head of the Macroeconomic Support Division, SECO
Video | May 3, 2017