Borrow Without Sorrow: Prudent Debt Management in a Volatile Global Environment

May 22-23, 2017

Vienna, Austria

The Eighth Debt Management Facility (DMF) Stakeholders’ Forum: "Borrow without Sorrow: Prudent Debt Management in a Volatile Global Environment" will take place on May 22-23, 2017, in Vienna, Austria.

The Forum will facilitate the discussion of issues in public debt management in a changing global environment, faced by developing countries. The Forum is targeted for policy-makers and government debt managers, international and regional technical assistance providers, representatives of civil society organizations, as well as bilateral donors and multilateral development banks.

DAY ONE May 22, 2017


Registration (Venue)



Introductions: (3 mins)-Abha Prasad, DMF Program Manager

Welcome Remarks: Mr. Carlos Felipe Jaramilo, Senior Director, Macroeconomics and Fiscal Management global Practice, The World Bank

Opening Address: Mr. Harald Waiglein, Director General, MOF, Austria


Plenary Session 1: Global fiscal challenges and their impact on debt management decisions


Coffee Break 


Plenary Session 2: Prudent Debt Management in volatile economy- can it be achieved?

12:45-2:00 pm


Lunch (Hotel Zeitgeist, Vienna)

2:00 pm -3:00 pm

2:00-2:05 pm

2:05-2:30 pm

2:30-3:00 pm

Keynote Address

Introduction: Mr. Carlos Felipe Jaramilo, Senior Director, MFMGP, World Bank

Keynote Address: Prof. Carmen Reinhart

Q/A and Closing Remarks by Mr. Carlos Felipe Jaramilo


Breakout Session 1: Managing Fiscal Risks from Contingent Liabilities– the role of the debt managers

3:00-4:30 pm

Break-out Session 2: Debt Management and Monetary Policy Objectives:  what do we need to know?

4:30-4:45 pm

Coffee Break

4:45 – 6:15 pm

Plenary Session 3: Domestic Debt Markets –Broadening the Investor base

6:45 – 8:15 pm

Reception    (Hotel Zeitgeist, Vienna)

DAY TWO May 23, 2017

8:45- 9:45am

Special Session: 2016 Review of the Debt Sustainability Framework for Low-Income Countries (LIC-DSF)


Plenary Session 4: DMF Results


Coffee Break

11:15am-12:45 pm

Breakout Session 3: Governance reforms in debt management – what has been achieved?

11:15am-12:45 pm

Break-out Session 4:  Cash Management tools and the role of debt managers

12:45-2:00 pm

Lunch (Hotel Zeitgeist, Vienna)

2:00-3:00 pm

Special Session: Climate Action Peer Exchange (CAPE) Event

3:00-3:30 pm


3:30 – 5:00 pm

Breakout Session 5: Debt for Nature

3:30 – 5:00 pm

 Breakout Session 6: Innovative Approaches in Sovereign Sukuk Issuance

5:00-5:30 Pm

Closing: Ms. Paloma Anos Casero, Director, Macroeconomics and Fiscal Management Global Practice and [TBC]