A Framework for Monitoring of and Reporting for External Project Loans in Developing Countries

This technical note provides guidance to central government authorities for monitoring and reporting external project-based loans.
READ MORE...
Volume/Issue: Volume 2024 Issue 003
Publication date: February 2024
ISBN: 9798400262227
$5.00
Add to Cart by clicking price of the language and format you'd like to purchase
Available Languages and Formats
paperback else
pdf else
epub else
English
Prices in red indicate formats that are not yet available but are forthcoming.
Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Exports and Imports , Public Finance , International Taxation , public debt management , public debt transparency , debt reporting , fiscal transparency , external debt , project loans , public investment management , maturity status template , debt transparency , core loan term , IMF Library , loan disbursement advice , Government debt management , Loans , Debt service , Global

Summary

To produce timely and accurate debt reports at the central government level, it is essential to have a sound legal, administrative, and operational framework in place for debt data compilation, reconciliation, accounting, monitoring, and reporting. This note focuses on the arrangements for external project-based debt, which present distinctive challenges in debt reporting particularly in low-income and developing countries. The discussion complements existing literature and guidance on debt transparency by focusing on stages prior to the production of debt reports. The note also identifies the links between the management of project loans and other public financial management (PFM) processes, such as public investment management, budget preparation, fiscal and financial reporting. It shows that a comprehensive approach that considers these linkages can improve efficiency and transparency in fiscal and debt management. Although the focus is on the central government’s debt obligations, the ideas can be extended to cover government-guaranteed loans and public sector debt in general.