Public Debt Management Capacity Building Program

(1)

Sub-Regional Workshop on Debt Relief and Sustainability Analysis

Basseterre, St. Kitts and Nevis, from October 1

st

to 10

th

, 2014.

Preliminary Agenda

Day 1: Wednesday, October 1

st

09:00 -09:30 Registration

09:30 –10:00 Workshop opening

ECCB– CEMLA

10:00 – 10:30 Why a debt relief and sustainability analysis?

CEMLA

10:30 – 11:00 Workshop overview

CEMLA 11:00 – 11:30 Coffee break

11:30 – 12:15 Case study debt strategy: Recent developments and outlook

National team

12:15 -13:00 Recent macroeconomic developments and outlook

National team 13:00 – 14:00 Lunch

14:00 – 15:30 Key issues in the debt relief and sustainability analysis for the case under study

CEMLA 15:30 – 16:00 Coffee break

16:00 – 17:00 Brief overview on Debt-Pro

CEMLA

Day 2: Thursday, October 2

nd

Presentation of Initial tasks by technical groups

8:30 – 13:00 Tasks presentation for external and domestic data specialists

• Review case study debt and grant data: codes and classifications • Finalizing Debt-Pro database

• Prepare portfolio review and tables/charts/graphs

• Analyze debt disbursements and prepare new disbursement profiles • Finalizing presentation/template

10:30 - 11:00 Coffee Break 13:00 – 14:00 Lunch

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14:00 – 17:00 Tasks presentation for external financing and debt relief specialists • Review of documents and definition of data requirements • Review existing debt scenarios

• Design debt relief scenarios

• Design new external financing and gap-fill scenarios • Finalizing presentation/template

15:30 – 16:00 Coffee Break

Day 3: Friday, October 3

rd

8:30 – 13:00 Tasks presentation for domestic financing and reorganization specialists • Review data, recent trends in domestic financing need for budgetary,

monetary policy and financial sector needs • Design debt reorganization scenarios

• Design new domestic financing and gap-fill scenarios • Finalizing presentation/templates

14:00 – 17:00 Tasks presentation for macroeconomic analysts • Review macroeconomic data and grants

• Review and refine baseline macroeconomic scenario • Calculating baseline scenario details

• Finalizing presentation/template

15:30 – 16:00 Coffee Break

Day 4: Monday, October 6

th

8:30 – 12:00 Data preparation by technical groups

12:00 – 13:00 Preparation of presentations by technical groups

14:00 – 14:20 External and Domestic Data specialists’ presentation

14:20 – 14:40 External Financing and Debt Relief Specialists’ presentation

14:40 – 15:00 Domestic Financing and Reorganization Specialists’ presentation

15:00 – 15:20 Presentation of Debt Sustainability Ratios

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15:40 – 16:00 Macroeconomic analysts’ presentation

16:00 – 17:00 Plenary: Training on debt and macro scenarios entry to Debt-Pro

Day 5: Tuesday, October 7

th

8:30 – 13:00 Work in technical groups: Entry of debt and macro scenarios into Debt-Pro

10:30 – 11:00 Coffee Break 13:00 – 14:00 Lunch

14:00 – 15:30 Plenary: Results analysis – Session 1

15:30 – 16:00 Coffee Break 16:00 – 17:00 Scenarios revision

Day 6: Wednesday, October 8

th

8:30 – 10:30 CEMLA’s presentation, general necessary aspects for a proper debt

sustainability analysis (DSA) for market access countries (MAC) and low income countries (DSF)

10:30 – 11:00 Coffee Break

11:00 – 12:00 Presentation of the baseline macroeconomic scenario

National team

12:00 – 13:00 Plenary session: Review of debt data entry into the DSA template (MAC DSA or DSF)

13:00 – 14:00 Lunch

14:00-14:30 Synergies between Debt Pro and the DSA Framework

14:30 – 15:30 Data entry into theDSA template (MAC DSA or DSF)

15:30 – 15:45 Coffee Break

15:45 – 16:45 Results simulation and analysis

16:45 – 17:00 Writing plan for the report and assigning tasks

Day 7: Thursday, October 9

th

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10:30 – 11:00 Coffee Break

11:00 – 17:00 Finalizing results analysis and preparation of the Strategy Report (See Table 1 below)

13:00 – 14:00 Lunch 15:30 – 16:00 Coffee break

Day 8: Friday, October 10

th

8:30 – 12:30 Finalizing the strategy report

12:30 – 13:00 Workshop closing and distribution of certificates

10:30 – 11:00 Coffee break 13:00 – 14:00 Lunch

14:00 – 14:10 Introduction to the presentation

ECCB or CEMLA

14:10 – 15:30 Presentation of the Sub-Regional Debt Relief and Sustainability Strategy

ECCB 15:30 – 16:00 Discussion

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Table 1. Groups for elaborating the Strategy Report

Group 1 Editorial

Group 2

Result Analysts • Finance data specialists to finalize

portfolio review, tables and charts • External and domestic debt and debt

relief and sustainability managers to finalize strategy sections of report, tables and annexes

• Macro analysts to finalize macro strategy sections of the report, tables an annexes

• Sub-groups on external and domestic debt, debt relief analysis, debt sustainability analysis

• Finalizing analysis of results • Write analysis chapter of report

Group 3

Executive Summary

Group 4 Strategic Plan • Review and edit report

• Prepare executive summary

• Next steps and activities for implementing the strategic plan for ECCB