A critical aspect of financial stability and sustainable fiscal policy is a government’s ability to effectively manage its public debt. The debt portfolio may generate substantial risk to a country's balance sheet, thereby having the potential to undermine key development objectives. Given these risks, it is imperative for countries to have capable debt management offices that can design policies and strategies that would appropriately balance cost and risk, and execute financing transactions efficiently.
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CABRI and partners explore how African governments address roll-over, debt refinancing, and fiscal risks related to Eurobond issuances