Advanced Public Debt Management and Budget Sustainability Course

Course Introduction

Public debt management is a cornerstone of macroeconomic stability and sustainable fiscal governance. This course provides advanced knowledge on how governments design, manage, and monitor debt portfolios while ensuring long-term budget sustainability and minimizing financial risk exposure.

The program explores strategic approaches to borrowing, debt restructuring, and sovereign risk management. Participants will gain insight into how public debt influences national development, fiscal space, and the ability of governments to finance essential services.

A strong focus is placed on debt sustainability analysis, including indicators such as debt-to-GDP ratios, interest burden, refinancing risks, and liquidity constraints. These tools help policymakers assess the long-term viability of fiscal strategies.

The course also examines institutional frameworks for debt management, including debt offices, treasury operations, and coordination between fiscal and monetary authorities. Strong governance systems are essential for maintaining transparency and accountability in public borrowing.

Participants will further explore global debt markets, sovereign credit ratings, and the impact of external shocks such as inflation, exchange rate volatility, and global financial crises on national debt positions.

Finally, the course equips professionals with advanced analytical and policy skills to design resilient debt strategies that support fiscal sustainability, economic stability, and long-term development objectives.

Duration

10 Days

Who Should Attend

• Public debt management officers and treasury officials
• Ministry of finance budget and fiscal policy analysts
• Central bank economists and monetary policy advisors
• Public sector accountants and financial controllers
• Sovereign risk analysts and credit rating specialists
• Development finance and investment officers
• Economic planners in government institutions
• International financial institution advisors
• Public expenditure and budget officers
• Researchers and academics in public finance

Course Objectives

• Strengthen participant understanding of public debt management principles and budget sustainability frameworks that ensure responsible borrowing, fiscal stability, and long-term economic resilience in government financial systems.
• Equip learners with advanced skills in designing sovereign debt strategies and management systems.
• Build capacity to conduct debt sustainability analysis using global best practices and indicators.
• Enhance ability to manage refinancing and liquidity risks in public debt portfolios.
• Strengthen understanding of sovereign credit ratings and global debt market dynamics.
• Develop expertise in coordinating fiscal and monetary policy for debt stability.
• Improve capacity to evaluate debt restructuring and liability management operations.
• Strengthen skills in managing external debt exposure and currency risk.
• Equip participants with tools to enhance transparency in public borrowing processes.
• Enhance understanding of institutional frameworks governing debt management offices.
• Strengthen ability to design sustainable fiscal policies that reduce debt vulnerability.
• Prepare professionals to lead strategic reforms in public debt management systems.

Course Outline

Module 1: Foundations of Public Debt Management

• Understanding principles of sovereign debt management systems
• Exploring evolution of public borrowing frameworks globally
• Examining relationship between debt and fiscal sustainability
• Identifying risks in public debt accumulation processes

Module 2: Debt Sustainability Analysis Frameworks

• Applying debt-to-GDP ratio analysis in fiscal planning
• Strengthening indicators for debt sustainability assessment
• Improving forecasting models for debt servicing capacity
• Enhancing long-term debt viability evaluation systems

Module 3: Sovereign Borrowing Strategies

• Designing optimal borrowing strategies for governments
• Strengthening cost-risk trade-offs in debt acquisition
• Improving diversification of funding sources
• Enhancing strategic debt portfolio planning systems

Module 4: Domestic and External Debt Management

• Managing domestic debt instruments and treasury bills
• Strengthening external debt negotiation frameworks
• Improving balance between local and foreign borrowing
• Enhancing currency risk management in debt portfolios

Module 5: Debt Portfolio Risk Management

• Identifying interest rate and refinancing risks
• Strengthening risk mitigation strategies for debt exposure
• Improving stress testing of debt portfolios
• Enhancing resilience in sovereign debt structures

Module 6: Debt Restructuring and Liability Management

• Designing debt restructuring and refinancing strategies
• Strengthening liability management operations
• Improving negotiation techniques with creditors
• Enhancing debt sustainability through restructuring

Module 7: Sovereign Credit Ratings and Market Access

• Understanding credit rating methodologies and implications
• Strengthening government access to global capital markets
• Improving investor confidence in sovereign debt instruments
• Enhancing transparency for rating improvements

Module 8: Institutional Debt Management Frameworks

• Strengthening debt management office structures
• Improving coordination between treasury and fiscal authorities
• Enhancing governance of public borrowing systems
• Reducing inefficiencies in debt administration

Module 9: Fiscal and Monetary Policy Coordination

• Aligning debt management with monetary policy frameworks
• Strengthening coordination between central bank and treasury
• Improving macroeconomic stability through policy integration
• Enhancing control over inflation and debt dynamics

Module 10: External Shocks and Debt Vulnerability

• Managing debt exposure during economic crises
• Strengthening resilience against global financial shocks
• Improving response to inflation and currency volatility
• Enhancing fiscal buffers for economic downturns

Module 11: Debt Transparency and Accountability Systems

• Strengthening transparency in public borrowing activities
• Improving public access to debt information systems
• Enhancing accountability in sovereign debt management
• Reducing corruption risks in borrowing processes

Module 12: Domestic Capital Markets Development

• Strengthening local bond and securities markets
• Improving government participation in capital markets
• Enhancing investor participation in domestic debt instruments
• Reducing reliance on external borrowing sources

Module 13: Public Investment and Debt Linkages

• Aligning debt financing with productive investments
• Strengthening capital budgeting and debt allocation systems
• Improving returns on public investment funded by debt
• Enhancing efficiency in debt-financed projects

Module 14: Debt Reporting and Analytical Systems

• Strengthening debt reporting and documentation frameworks
• Improving accuracy of debt statistics and records
• Enhancing analytical tools for debt monitoring
• Reducing inconsistencies in fiscal reporting systems

Module 15: Sustainable Borrowing Policies

• Designing sustainable borrowing frameworks for governments
• Strengthening fiscal rules for debt control
• Improving long-term debt planning systems
• Enhancing policy consistency in borrowing decisions

Module 16: Future of Public Debt Management

• Exploring digital tools in debt management systems
• Strengthening AI-driven debt forecasting models
• Improving adaptive debt governance frameworks
• Preparing institutions for future debt challenges

Training Approach

This course will be delivered by our skilled trainers who have vast knowledge and experience as expert professionals in the fields. The course is taught in English and through a mix of theory, practical activities, group discussion and case studies. Course manuals and additional training materials will be provided to the participants upon completion of the training.

Tailor-Made Course

This course can also be tailor-made to meet organization requirement. For further inquiries, please contact us on: Email: training@upskilldevelopment.com Tel: +254 721 331 808

Training Venue 

The training will be held at our Upskill Training Centre. We also offer training for a group (at a discount of 10% to 50%) at requested location all over the world. The Onsite course fee covers the course tuition, training materials, two break refreshments, buffet lunch, airport transfers, Upskill gift package, and guided tour.

Visa application, travel expenses, dinners, accommodation, insurance, and other personal expenses are catered by the participant

Certification

Participants will be issued with Upskill certificate upon completion of this course.

Airport Pickup and Accommodation

Airport pickup and accommodation is arranged upon request. For booking contact our Training Coordinator through Email: training@upskilldevelopment.com, +254 721 331 808

Terms of Payment:

Unless otherwise agreed between the two parties’ payment of the course fee should be done 3 working days before commencement of the training so as to enable us to prepare better.