TRAINING ON PUBLIC DEBT MANAGEMENT

Class Description

TRAINING ON PUBLIC DEBT MANAGEMENT FROM 9TH TO 13TH SEPTEMBER 2024 AT BANK OF TANZANIA ARUSHA

A. INTRODUCTION
Borrowing has traditionally been an important source of financing for most countries, particularly in implementing strategic projects that require significant resources. However, the sources and terms of financing have evolved over time in line with developments in both domestic and external sources. The globe has experienced drying sources of financing from traditional creditors and emergence of new creditors with new terms and conditions. Borrowing from domestic sources has also evolved in many developing countries. All these developments have aggravated the cost and risks of public debts. Consequently, some countries are already experiencing challenges in servicing their public debts. This has not only impacted accessing new loans by governments but also deteriorated asset quality of lending institutions.
Mitigation of effects associated with growing public debt requires effective public debt management with a view to maintaining macroeconomic stability, ensuring fiscal sustainability, and promoting economic growth. The objective is to mitigate risks and the cost of borrowing.
In view of the foregoing, the Bank of Tanzania Academy will hold a Training on Public Debt Management of banks and financial institutions from 9th to 13th September 2024, at the Bank of Tanzania Arusha branch.

B. OBJECTIVE OF THE COURSE
The objective of the course is to provide participants with a solid understanding of public debt management, focusing on evolving financing sources and terms. The course will enhance their skills in managing debt portfolios, assessing risks and costs, and applying strategies to ensure macroeconomic stability and fiscal sustainability. Participants will also learn best practices in debt management, especially within the African context.

C. CONTENTS OF THE COURSE
• Overview of public debt management
• Portfolio Review and Public Debt Classification
• Debt Management in macro context
• Sources of financing
• Legal framework and Institutional arrangement for debt management
• Government debt market development
• Debt sustainability and strategy
• Monitoring contingent liabilities
• Case study for the best practice in Africa

D. TARGET GROUP
This course is designed specifically for Junior to Middle level Officers involved in Public Debt management within the Central Banks, Ministries of Finance, Planning, Government Institutions, Banks and other Financial Institutions.

E. SCHEDULED DATES AND DURATION
Five (5) days: From 9th to 13th September 2024. First Day Registration starts at 08.30 AM.

F. COURSE FACILITATORS
This course will be facilitated by Public Debt Experts within the region.

G. VENUE
The training will be held in Arusha – Tanzania.

H. FEES
Fee for each participant is TZS 1 million or USD 1000 for non-residents covering tuition, course materials, lunch and mid-session refreshments. Participants will be responsible for their travel costs and upkeep. Please make your fees payment using the following channel:
Local Participants
Bank Transfer through TISS Transferee Bank: Bank of Tanzania Account Number: 9944713006
Account Name: Course Fees
SWIFT CODE: TANZTZTXXXX
Foreign Participants Bank Name: Citibank Bank Bank Swift Code: CITIUS33
Account Holder: Bank of Tanzania Account Number: 36113007

I. MODE OF APPLICATION
Send a letter, an e-mail or make a phone call to the Academy through any of the mentioned contacts below. The course will accommodate 30 participants, and the first-come-first- served principle will apply. Applications should reach us at least two (2) working days before commencement of the course. All applications should be addressed to:
The Principal,
Bank of Tanzania Academy,
P. O. Box 131, Capri-Point, MWANZA
+255 (0) 28 2 500 982/709/983 +255 (0) 28 2 500 984
Email: academy@bot.go.tz