DC Field | Value | Language |
dc.contributor.author | World Bank Group | - |
dc.contributor.author | ވޯރލްޑް ބޭންކް ގްރޫޕް | - |
dc.date.accessioned | 2021-02-24T03:50:35Z | - |
dc.date.available | 2021-02-24T03:50:35Z | - |
dc.date.issued | 2019-03-01 | - |
dc.identifier.citation | World Bank Group. (2019). Maldives debt management reform plan. Washington, DC. : World Bank. | en_US |
dc.identifier.uri | http://saruna.mnu.edu.mv/jspui/handle/123456789/8728 | - |
dc.description.abstract | The first Debt Management Performance Assessment (DeMPA) for Maldives was conducted in 2009, and a second DeMPA was completed in March 2019. The authorities have taken important steps to improve debt management since the first assessment, but many challenges remain. The government has implemented a series of reforms to public financial and debt management, including changes to the legal and institutional framework. Key measures include a complete overhaul of Treasury operations, the implementation of the Integrated Financial Management Information System (IFMIS) across all government entities in the capital, Malé, the establishment of a Treasury Single Account, and the development of cash-flow forecasting procedures. The coverage of the Commonwealth Secretariat Debt Recording and Management System (CSDRMS) has also been expanded, and the CS-DRMS is now used as a central database for almost all debt obligations, except Islamic finance instruments. The results of the 2019 DeMPA shed light on these improvements and indicate areas for further action. | en_US |
dc.language.iso | en | en_US |
dc.publisher | World Bank | en_US |
dc.subject | Maldives | en_US |
dc.subject | Debt Management Performance Assessment (DeMPA) | en_US |
dc.subject | Public financial and debt management | en_US |
dc.subject | Treasury operations | en_US |
dc.subject | Management Information System (IFMIS) | en_US |
dc.subject | Commonwealth Secretariat Debt Recording and Management System (CSDRMS) | en_US |
dc.title | Maldives debt management reform plan | en_US |
dc.type | Article | en_US |
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