Debt Management Performance Assessment : The Gambia

During January 11 to 20, 2010, a World Bank team undertook a Debt Management Performance Assessment (DeMPA) mission to Gambia. This tool provides a methodology for assessing government debt management performance through a comprehensive set of dime...

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Main Author: World Bank
Format: Economic & Sector Work
Language:English
en_US
Published: Washington, DC 2013
Subjects:
BID
TAX
Online Access:http://documents.worldbank.org/curated/en/2010/04/13944334/gambia-debt-management-performance-assessment-dempa
http://hdl.handle.net/10986/16233
id okr-10986-16233
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCESS TO FINANCING
ACCOUNTANT
ACCOUNTING
AMORTIZATIONS
AUCTION
AUCTIONS
BALANCE SHEET
BANK ACCOUNT
BANK ACCOUNTS
BID
BIDS
BOND INSTRUMENT
BOOK ENTRY
BOOK ENTRY SYSTEM
BORROWING PLAN
BORROWING REQUIREMENT
BORROWING REQUIREMENTS
BUDGET DEFICIT
BUDGET DEFICITS
CAPITAL INFLOWS
CASH BALANCE
CASH BALANCES
CASH FLOW
CASH FLOWS
CASH MANAGEMENT
CENTRAL BANK
CENTRAL GOVERNMENT DEBT
CENTRAL GOVERNMENT­DEBT
CHECKS
COMMERCIAL BORROWING
CONTINGENT LIABILITIES
CREDITOR
CREDITORS
CURRENCY COMPOSITION
CURRENCY RISK
CURRENT ACCOUNT
CURRENT ACCOUNT DEFICIT
DEBT
DEBT ANALYSIS
DEBT DATA
DEBT FINANCING
DEBT FLOWS
DEBT INSTRUMENTS
DEBT ISSUANCE
DEBT ISSUER
DEBT MANAGEMENT
DEBT MANAGEMENT CAPACITY
DEBT MANAGEMENT DEPARTMENT
DEBT MANAGEMENT OPERATIONS
DEBT MANAGEMENT STRATEGY
DEBT MARKET DEVELOPMENT
DEBT NEGOTIATIONS
DEBT OBLIGATIONS
DEBT RATIOS
DEBT RECORDING
DEBT RELIEF
DEBT REPORTING
DEBT RESTRUCTURING
DEBT SECURITIES
DEBT SERVICE
DEBT SERVICE PAYMENT
DEBT STOCKS
DEBT STRATEGY ANALYSIS
DEBT SUSTAINABILITY
DEBT SUSTAINABILITY ANALYSES
DEBT SUSTAINABILITY ANALYSIS
DEBT TRANSACTIONS
DEBT-SERVICE
DEFICIT FINANCING
DEPOSITS
DERIVATIVES
DEVALUATION
DEVELOPMENT BANK
DISBURSEMENTS
DISCOUNT RATE
DOMESTIC BORROWING
DOMESTIC BORROWINGS
DOMESTIC DEBT
DOMESTIC DEBT MANAGEMENT
DOMESTIC DEBT MARKET
DOMESTIC DEBT MARKETS
DOMESTIC INTEREST RATES
DOMESTIC MARKET
DOMESTIC SECURITIES
ECONOMIC DEVELOPMENT
ECONOMIC TRANSACTION
EXCESS LIQUIDITY
EXCHANGE RATE
EXCHANGE RATES
EXPENDITURE
EXPENDITURES
EXTERNAL BORROWING
EXTERNAL BORROWINGS
EXTERNAL DEBT
EXTERNAL DEBT FINANCING
EXTERNAL DEBT STATISTICS
EXTERNAL TECHNICAL ASSISTANCE
FINANCES
FINANCIAL MANAGEMENT
FINANCIAL MARKET
FINANCIAL STATEMENTS
FINANCIAL SYSTEM
FINANCING REQUIREMENTS
FISCAL DEFICITS
FISCAL DISCIPLINE
FISCAL POLICY
FIXED INTEREST
FIXED INTEREST RATE
FIXED INTEREST RATES
FLEXIBLE EXCHANGE RATE
FOREIGN CURRENCY
FOREIGN CURRENCY DEBT
FOREIGN CURRENCY RISK
FOREIGN EXCHANGE
FORWARD-LOOKING DEBT STRATEGY
GOVERNMENT ACCOUNTS
GOVERNMENT BANK
GOVERNMENT BOND
GOVERNMENT BONDS
GOVERNMENT BORROWING
GOVERNMENT BORROWINGS
GOVERNMENT BUDGET
GOVERNMENT DEBT
GOVERNMENT DEBTS
GOVERNMENT FINANCING
GOVERNMENT GUARANTEES
GOVERNMENT PAPER
GOVERNMENT REVENUES
GOVERNMENT SECURITIES
GOVERNMENT SPENDING
GUARANTEE FEE
HOUSING FINANCE
HUMAN RESOURCE
INFLATION
INFLATIONARY PRESSURES
INFORMATION SYSTEM
INFORMATION TECHNOLOGY
INSTITUTIONAL CAPACITY
INTEREST PAYMENTS
INTEREST RATE
INTEREST RATE RISK
INTEREST RATES
INTERNAL AUDIT
INTERNATIONAL FINANCIAL INSTITUTIONS
ISSUANCE
ISSUANCE OF T-BILLS
LEGAL FRAMEWORK
LENDER
LENDERS
LIABILITY
LIQUIDITY
LIQUIDITY MANAGEMENT
LOAN
LOAN AGREEMENT
LOAN AGREEMENTS
LOAN APPROVAL
LOAN CONTRACT
LOAN GUARANTEE
LOAN GUARANTEES
LOAN TERMS
LOCAL CURRENCY
LOCAL INVESTORS
MACROECONOMIC POLICY
MARKET BORROWING
MARKET DEBT
MARKET ENVIRONMENT
MARKETABLE DEBT
MATURITIES
MATURITY
MONETARY POLICIES
MONETARY POLICY
MONEY MARKET
MONEY MARKET INSTRUMENTS
NATIONAL TREASURY
OUTSTANDING DEBT
OUTSTANDING STOCK
PAYMENT OF DEBT
PAYMENT ORDERS
PAYMENT SYSTEM
PENSION
PENSION SYSTEM
PORTFOLIO
PRIMARY DEALERS
PRIMARY MARKET
PUBLIC DEBT
PUBLIC DEBT MANAGEMENT
PUBLIC DEBT STOCK
PUBLIC EXTERNAL DEBT
PUBLIC FINANCE
PUBLIC FUND
PUBLIC FUNDS
PUBLIC SECTOR DEBT
REGISTRY SYSTEM
REMITTANCES
REPAYMENT
RESERVES
RISK MANAGEMENT
SECONDARY MARKET
SETTLEMENT
SETTLEMENT INFRASTRUCTURE
SETTLEMENT OF TRANSACTIONS
SETTLEMENT SYSTEMS
STATUTORY REQUIREMENT
SUKUK
T-BILL
T-BILLS
T-BONDS
TAX
TELECOMMUNICATIONS
TOTAL DEBT
TRADING
TRANSPARENCY
TREASURIES
TREASURY
TREASURY BILL
TREASURY BILL AUCTION
TREASURY BILLS
TURNOVER
USE OF DERIVATIVES
spellingShingle ACCESS TO FINANCING
ACCOUNTANT
ACCOUNTING
AMORTIZATIONS
AUCTION
AUCTIONS
BALANCE SHEET
BANK ACCOUNT
BANK ACCOUNTS
BID
BIDS
BOND INSTRUMENT
BOOK ENTRY
BOOK ENTRY SYSTEM
BORROWING PLAN
BORROWING REQUIREMENT
BORROWING REQUIREMENTS
BUDGET DEFICIT
BUDGET DEFICITS
CAPITAL INFLOWS
CASH BALANCE
CASH BALANCES
CASH FLOW
CASH FLOWS
CASH MANAGEMENT
CENTRAL BANK
CENTRAL GOVERNMENT DEBT
CENTRAL GOVERNMENT­DEBT
CHECKS
COMMERCIAL BORROWING
CONTINGENT LIABILITIES
CREDITOR
CREDITORS
CURRENCY COMPOSITION
CURRENCY RISK
CURRENT ACCOUNT
CURRENT ACCOUNT DEFICIT
DEBT
DEBT ANALYSIS
DEBT DATA
DEBT FINANCING
DEBT FLOWS
DEBT INSTRUMENTS
DEBT ISSUANCE
DEBT ISSUER
DEBT MANAGEMENT
DEBT MANAGEMENT CAPACITY
DEBT MANAGEMENT DEPARTMENT
DEBT MANAGEMENT OPERATIONS
DEBT MANAGEMENT STRATEGY
DEBT MARKET DEVELOPMENT
DEBT NEGOTIATIONS
DEBT OBLIGATIONS
DEBT RATIOS
DEBT RECORDING
DEBT RELIEF
DEBT REPORTING
DEBT RESTRUCTURING
DEBT SECURITIES
DEBT SERVICE
DEBT SERVICE PAYMENT
DEBT STOCKS
DEBT STRATEGY ANALYSIS
DEBT SUSTAINABILITY
DEBT SUSTAINABILITY ANALYSES
DEBT SUSTAINABILITY ANALYSIS
DEBT TRANSACTIONS
DEBT-SERVICE
DEFICIT FINANCING
DEPOSITS
DERIVATIVES
DEVALUATION
DEVELOPMENT BANK
DISBURSEMENTS
DISCOUNT RATE
DOMESTIC BORROWING
DOMESTIC BORROWINGS
DOMESTIC DEBT
DOMESTIC DEBT MANAGEMENT
DOMESTIC DEBT MARKET
DOMESTIC DEBT MARKETS
DOMESTIC INTEREST RATES
DOMESTIC MARKET
DOMESTIC SECURITIES
ECONOMIC DEVELOPMENT
ECONOMIC TRANSACTION
EXCESS LIQUIDITY
EXCHANGE RATE
EXCHANGE RATES
EXPENDITURE
EXPENDITURES
EXTERNAL BORROWING
EXTERNAL BORROWINGS
EXTERNAL DEBT
EXTERNAL DEBT FINANCING
EXTERNAL DEBT STATISTICS
EXTERNAL TECHNICAL ASSISTANCE
FINANCES
FINANCIAL MANAGEMENT
FINANCIAL MARKET
FINANCIAL STATEMENTS
FINANCIAL SYSTEM
FINANCING REQUIREMENTS
FISCAL DEFICITS
FISCAL DISCIPLINE
FISCAL POLICY
FIXED INTEREST
FIXED INTEREST RATE
FIXED INTEREST RATES
FLEXIBLE EXCHANGE RATE
FOREIGN CURRENCY
FOREIGN CURRENCY DEBT
FOREIGN CURRENCY RISK
FOREIGN EXCHANGE
FORWARD-LOOKING DEBT STRATEGY
GOVERNMENT ACCOUNTS
GOVERNMENT BANK
GOVERNMENT BOND
GOVERNMENT BONDS
GOVERNMENT BORROWING
GOVERNMENT BORROWINGS
GOVERNMENT BUDGET
GOVERNMENT DEBT
GOVERNMENT DEBTS
GOVERNMENT FINANCING
GOVERNMENT GUARANTEES
GOVERNMENT PAPER
GOVERNMENT REVENUES
GOVERNMENT SECURITIES
GOVERNMENT SPENDING
GUARANTEE FEE
HOUSING FINANCE
HUMAN RESOURCE
INFLATION
INFLATIONARY PRESSURES
INFORMATION SYSTEM
INFORMATION TECHNOLOGY
INSTITUTIONAL CAPACITY
INTEREST PAYMENTS
INTEREST RATE
INTEREST RATE RISK
INTEREST RATES
INTERNAL AUDIT
INTERNATIONAL FINANCIAL INSTITUTIONS
ISSUANCE
ISSUANCE OF T-BILLS
LEGAL FRAMEWORK
LENDER
LENDERS
LIABILITY
LIQUIDITY
LIQUIDITY MANAGEMENT
LOAN
LOAN AGREEMENT
LOAN AGREEMENTS
LOAN APPROVAL
LOAN CONTRACT
LOAN GUARANTEE
LOAN GUARANTEES
LOAN TERMS
LOCAL CURRENCY
LOCAL INVESTORS
MACROECONOMIC POLICY
MARKET BORROWING
MARKET DEBT
MARKET ENVIRONMENT
MARKETABLE DEBT
MATURITIES
MATURITY
MONETARY POLICIES
MONETARY POLICY
MONEY MARKET
MONEY MARKET INSTRUMENTS
NATIONAL TREASURY
OUTSTANDING DEBT
OUTSTANDING STOCK
PAYMENT OF DEBT
PAYMENT ORDERS
PAYMENT SYSTEM
PENSION
PENSION SYSTEM
PORTFOLIO
PRIMARY DEALERS
PRIMARY MARKET
PUBLIC DEBT
PUBLIC DEBT MANAGEMENT
PUBLIC DEBT STOCK
PUBLIC EXTERNAL DEBT
PUBLIC FINANCE
PUBLIC FUND
PUBLIC FUNDS
PUBLIC SECTOR DEBT
REGISTRY SYSTEM
REMITTANCES
REPAYMENT
RESERVES
RISK MANAGEMENT
SECONDARY MARKET
SETTLEMENT
SETTLEMENT INFRASTRUCTURE
SETTLEMENT OF TRANSACTIONS
SETTLEMENT SYSTEMS
STATUTORY REQUIREMENT
SUKUK
T-BILL
T-BILLS
T-BONDS
TAX
TELECOMMUNICATIONS
TOTAL DEBT
TRADING
TRANSPARENCY
TREASURIES
TREASURY
TREASURY BILL
TREASURY BILL AUCTION
TREASURY BILLS
TURNOVER
USE OF DERIVATIVES
World Bank
Debt Management Performance Assessment : The Gambia
geographic_facet Africa
Gambia, The
description During January 11 to 20, 2010, a World Bank team undertook a Debt Management Performance Assessment (DeMPA) mission to Gambia. This tool provides a methodology for assessing government debt management performance through a comprehensive set of dimensions spanning the full range of DeM functions. The first time the tool was applied in Gambia was in 2007, when a pilot study was carried out, and this was a follow-up mission. The DeMPA methodology has evolved since the report made in 2007 and therefore it is not possible to carry out a strict comparison of the two DeMPA reports in terms of individual indicators as the detailed dimensions that make up an indicator are no longer aggregated; instead, each dimension is given a specific score. It is clear however that Gambia's debt management has progressed substantially in some dimensions during recent years although there are still remaining issues that would benefit from reform and institutional capacity-building. The mission notes that given that several reforms are currently being implemented, it is to be expected that future DeMPA evaluations will show stronger scores. At this moment there is institutional capacity-building in the area of the Integrated Financial Management Information System (IFMIS) and cash management; the design of procedures manuals for Directorate of Debt Management (DDM), and the design of a draft bill on public debt management which would provide a more strategic, objectives-based legal orientation to debt management.
format Economic & Sector Work
author World Bank
author_facet World Bank
author_sort World Bank
title Debt Management Performance Assessment : The Gambia
title_short Debt Management Performance Assessment : The Gambia
title_full Debt Management Performance Assessment : The Gambia
title_fullStr Debt Management Performance Assessment : The Gambia
title_full_unstemmed Debt Management Performance Assessment : The Gambia
title_sort debt management performance assessment : the gambia
publisher Washington, DC
publishDate 2013
url http://documents.worldbank.org/curated/en/2010/04/13944334/gambia-debt-management-performance-assessment-dempa
http://hdl.handle.net/10986/16233
_version_ 1764432582465814528
spelling okr-10986-162332021-04-23T14:03:28Z Debt Management Performance Assessment : The Gambia World Bank ACCESS TO FINANCING ACCOUNTANT ACCOUNTING AMORTIZATIONS AUCTION AUCTIONS BALANCE SHEET BANK ACCOUNT BANK ACCOUNTS BID BIDS BOND INSTRUMENT BOOK ENTRY BOOK ENTRY SYSTEM BORROWING PLAN BORROWING REQUIREMENT BORROWING REQUIREMENTS BUDGET DEFICIT BUDGET DEFICITS CAPITAL INFLOWS CASH BALANCE CASH BALANCES CASH FLOW CASH FLOWS CASH MANAGEMENT CENTRAL BANK CENTRAL GOVERNMENT DEBT CENTRAL GOVERNMENT­DEBT CHECKS COMMERCIAL BORROWING CONTINGENT LIABILITIES CREDITOR CREDITORS CURRENCY COMPOSITION CURRENCY RISK CURRENT ACCOUNT CURRENT ACCOUNT DEFICIT DEBT DEBT ANALYSIS DEBT DATA DEBT FINANCING DEBT FLOWS DEBT INSTRUMENTS DEBT ISSUANCE DEBT ISSUER DEBT MANAGEMENT DEBT MANAGEMENT CAPACITY DEBT MANAGEMENT DEPARTMENT DEBT MANAGEMENT OPERATIONS DEBT MANAGEMENT STRATEGY DEBT MARKET DEVELOPMENT DEBT NEGOTIATIONS DEBT OBLIGATIONS DEBT RATIOS DEBT RECORDING DEBT RELIEF DEBT REPORTING DEBT RESTRUCTURING DEBT SECURITIES DEBT SERVICE DEBT SERVICE PAYMENT DEBT STOCKS DEBT STRATEGY ANALYSIS DEBT SUSTAINABILITY DEBT SUSTAINABILITY ANALYSES DEBT SUSTAINABILITY ANALYSIS DEBT TRANSACTIONS DEBT-SERVICE DEFICIT FINANCING DEPOSITS DERIVATIVES DEVALUATION DEVELOPMENT BANK DISBURSEMENTS DISCOUNT RATE DOMESTIC BORROWING DOMESTIC BORROWINGS DOMESTIC DEBT DOMESTIC DEBT MANAGEMENT DOMESTIC DEBT MARKET DOMESTIC DEBT MARKETS DOMESTIC INTEREST RATES DOMESTIC MARKET DOMESTIC SECURITIES ECONOMIC DEVELOPMENT ECONOMIC TRANSACTION EXCESS LIQUIDITY EXCHANGE RATE EXCHANGE RATES EXPENDITURE EXPENDITURES EXTERNAL BORROWING EXTERNAL BORROWINGS EXTERNAL DEBT EXTERNAL DEBT FINANCING EXTERNAL DEBT STATISTICS EXTERNAL TECHNICAL ASSISTANCE FINANCES FINANCIAL MANAGEMENT FINANCIAL MARKET FINANCIAL STATEMENTS FINANCIAL SYSTEM FINANCING REQUIREMENTS FISCAL DEFICITS FISCAL DISCIPLINE FISCAL POLICY FIXED INTEREST FIXED INTEREST RATE FIXED INTEREST RATES FLEXIBLE EXCHANGE RATE FOREIGN CURRENCY FOREIGN CURRENCY DEBT FOREIGN CURRENCY RISK FOREIGN EXCHANGE FORWARD-LOOKING DEBT STRATEGY GOVERNMENT ACCOUNTS GOVERNMENT BANK GOVERNMENT BOND GOVERNMENT BONDS GOVERNMENT BORROWING GOVERNMENT BORROWINGS GOVERNMENT BUDGET GOVERNMENT DEBT GOVERNMENT DEBTS GOVERNMENT FINANCING GOVERNMENT GUARANTEES GOVERNMENT PAPER GOVERNMENT REVENUES GOVERNMENT SECURITIES GOVERNMENT SPENDING GUARANTEE FEE HOUSING FINANCE HUMAN RESOURCE INFLATION INFLATIONARY PRESSURES INFORMATION SYSTEM INFORMATION TECHNOLOGY INSTITUTIONAL CAPACITY INTEREST PAYMENTS INTEREST RATE INTEREST RATE RISK INTEREST RATES INTERNAL AUDIT INTERNATIONAL FINANCIAL INSTITUTIONS ISSUANCE ISSUANCE OF T-BILLS LEGAL FRAMEWORK LENDER LENDERS LIABILITY LIQUIDITY LIQUIDITY MANAGEMENT LOAN LOAN AGREEMENT LOAN AGREEMENTS LOAN APPROVAL LOAN CONTRACT LOAN GUARANTEE LOAN GUARANTEES LOAN TERMS LOCAL CURRENCY LOCAL INVESTORS MACROECONOMIC POLICY MARKET BORROWING MARKET DEBT MARKET ENVIRONMENT MARKETABLE DEBT MATURITIES MATURITY MONETARY POLICIES MONETARY POLICY MONEY MARKET MONEY MARKET INSTRUMENTS NATIONAL TREASURY OUTSTANDING DEBT OUTSTANDING STOCK PAYMENT OF DEBT PAYMENT ORDERS PAYMENT SYSTEM PENSION PENSION SYSTEM PORTFOLIO PRIMARY DEALERS PRIMARY MARKET PUBLIC DEBT PUBLIC DEBT MANAGEMENT PUBLIC DEBT STOCK PUBLIC EXTERNAL DEBT PUBLIC FINANCE PUBLIC FUND PUBLIC FUNDS PUBLIC SECTOR DEBT REGISTRY SYSTEM REMITTANCES REPAYMENT RESERVES RISK MANAGEMENT SECONDARY MARKET SETTLEMENT SETTLEMENT INFRASTRUCTURE SETTLEMENT OF TRANSACTIONS SETTLEMENT SYSTEMS STATUTORY REQUIREMENT SUKUK T-BILL T-BILLS T-BONDS TAX TELECOMMUNICATIONS TOTAL DEBT TRADING TRANSPARENCY TREASURIES TREASURY TREASURY BILL TREASURY BILL AUCTION TREASURY BILLS TURNOVER USE OF DERIVATIVES During January 11 to 20, 2010, a World Bank team undertook a Debt Management Performance Assessment (DeMPA) mission to Gambia. This tool provides a methodology for assessing government debt management performance through a comprehensive set of dimensions spanning the full range of DeM functions. The first time the tool was applied in Gambia was in 2007, when a pilot study was carried out, and this was a follow-up mission. The DeMPA methodology has evolved since the report made in 2007 and therefore it is not possible to carry out a strict comparison of the two DeMPA reports in terms of individual indicators as the detailed dimensions that make up an indicator are no longer aggregated; instead, each dimension is given a specific score. It is clear however that Gambia's debt management has progressed substantially in some dimensions during recent years although there are still remaining issues that would benefit from reform and institutional capacity-building. The mission notes that given that several reforms are currently being implemented, it is to be expected that future DeMPA evaluations will show stronger scores. At this moment there is institutional capacity-building in the area of the Integrated Financial Management Information System (IFMIS) and cash management; the design of procedures manuals for Directorate of Debt Management (DDM), and the design of a draft bill on public debt management which would provide a more strategic, objectives-based legal orientation to debt management. 2013-11-06T22:08:34Z 2013-11-06T22:08:34Z 2010-04 http://documents.worldbank.org/curated/en/2010/04/13944334/gambia-debt-management-performance-assessment-dempa http://hdl.handle.net/10986/16233 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC Economic & Sector Work Economic & Sector Work :: Debt Management Performance Assessment Africa Gambia, The