World Bank’s e-Institute to offer on-line DeMPA course

The World Bank’s e-Institute is to offer the Debt Management Performance Assessment (DeMPA) course online. The course will run from 20 October to 7 November 2014.  This e-learning course is to assist participants address debt management capacity challenges by equipping them with knowledge on comprehensive debt management functions through the application of the DeMPA tool.

The DeMPA tool provides a set of indicators for comprehensively assessing debt management performance in developing countries. The debt management performance indicators (DPIs) span core areas of public debt management, covering:

  • Governance and strategy development
  • Coordination with macroeconomic policies
  • Borrowing and related financing activities
  • Cash flow forecasting and cash balance management
  • Operational risk management
  • Debt records and reporting

Based on the Public Expenditure and Financial Accountability (PEFA) methodology for public financial management and sound practices in government debt management, the indicators represent an internationally recognized and comprehensive methodology for assessing debt management performance in relation to country peers and monitoring progress over time. The indicators are useful to guide the design of reform programs, monitor debt management performance over time, and enhance donor harmonization.

According to the e-Institute web site, the objectives of the course is for the participants to:

  • Understand the scope, coverage and rationale behind the 15 DeMPA DPIs;
  • Be familiar with the DeMPA scoring methodology; Understand inter-linkages between the indicators;
  • Discuss and deliberate on methodology for assessment of DPIs;
  • Be able to use the DeMPA methodology to evaluate and track progress on debt management performance using evidence-based data in their countries.

The course is targeted to debt managers and Central Bank officials dealing with debt management in client countries, technical assistance providers in client countries, as well as World Bank country economists.

The e-Institute was launched as a virtual learning classroom to provide convenient, easy, and reliable access to cutting edge knowledge and communities of practice. More than forty-five e-Learning courses address complex real-world problems in priority areas such as governance, health, cities, climate change, and public private partnerships. Learners also have access to free monthly podcasts and webinars, video success stories, multimedia toolkits, and other resources.

The deadline to register for the October course is 6 October 2014.  However a second course is planned for March 2015. To register please visit the course home page.