The Debt Management Facility (DMF) is a multi-donor trust fund, offering advisory services, training and peer-to-peer learning to more than 80 developing countries around the world to strengthen their debt management capacity, processes, and institutions.
The DMF was launched in 2008 by the World Bank and has been administered jointly with the International Monetary Fund since 2014.
DMF’s objective is to strengthen debt management to reduce debt-related vulnerabilities and improve debt transparency. It seeks to achieve this through capacity-building activities, including design and application of tailored advisory services and technical assistance, applied analytical work, training, and peer-to-peer learning. The DMF facilitates collaboration among providers of technical assistance on debt management and dialogue on debt issues among stakeholders. It also plays a critical role in developing and disseminating information about sound debt management practices, tools, and guidance.
Lea Hakim, Program Manager for the Debt Management Facility, discusses how the DMF is supporting low-income countries to help them overcome debt management challenges.
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