Debt Management Performance Assessment : Sierra Leone

The results of this assessment show that seven (7) indicators warranted an overall score of C or better, demonstrating compliance with the minimum requirement; these referred to the debt management strategy; evaluation of debt management operation;...

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Bibliographic Details
Main Author: World Bank
Format: Debt Management Performance Assessment
Language:English
en_US
Published: Washington, DC 2013
Subjects:
BID
TAX
Online Access:http://documents.worldbank.org/curated/en/2009/12/18132180/sierra-leone-debt-management-performance-assessment-dempa
http://hdl.handle.net/10986/16226
id okr-10986-16226
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCOUNTANT
ACCOUNTING
AGGREGATE DEBT
AUCTION
AUCTIONS
BALANCE SHEET
BANK ACCOUNT
BANK ACCOUNTS
BANK CREDIT
BANK FINANCING
BANK LOAN
BANK LOANS
BANK MARKET
BANKING SYSTEM
BEARER BONDS
BENEFICIARY
BID
BIDS
BOND
BOOK ENTRY
BOOK ENTRY SYSTEM
BOOK-ENTRY
BORROWING PLAN
BROAD MONEY
BUDGET DEFICIT
BUDGET DEFICITS
CAPACITY BUILDING
CAPITAL MARKETS
CASH BALANCE
CASH BALANCES
CASH FLOW
CASH FLOWS
CASH MANAGEMENT
CATEGORY OF DEBT
CENTRAL BANK
CENTRAL GOVERNMENT DEBT
CHECKS
COMMERCIAL BANK
COMMERCIAL BANKS
COMMERCIAL BORROWING
CONTINGENT LIABILITIES
CONTRACTUAL OBLIGATIONS
CREDIT LINE
CREDIT RISK
CREDIT RISK ASSESSMENTS
CREDITOR
CREDITORS
CURRENT ACCOUNT DEFICIT
DATED INSTRUMENTS
DEBT DATA
DEBT DATABASE
DEBT FLOWS
DEBT INSTRUMENT
DEBT INSTRUMENTS
DEBT ISSUANCE
DEBT LEVELS
DEBT MANAGEMENT
DEBT MANAGEMENT ACTIVITIES
DEBT MANAGEMENT CAPACITY
DEBT MANAGEMENT DEPARTMENT
DEBT MANAGEMENT FUNCTIONS
DEBT MANAGEMENT OPERATION
DEBT MANAGEMENT POLICY
DEBT MANAGEMENT STRATEGY
DEBT MANAGEMENT UNIT
DEBT MARKET DEVELOPMENT
DEBT MATURITIES
DEBT OBLIGATIONS
DEBT OPERATIONS
DEBT OUTSTANDING
DEBT OVERHANG
DEBT PAYMENT
DEBT POLICY
DEBT RELIEF
DEBT REPORTING
DEBT RESTRUCTURING
DEBT SERVICE
DEBT SERVICING
DEBT TRANSACTIONS
DEBTOR
DEBTOR REPORTING SYSTEM
DEPOSIT
DEPOSITS
DERIVATIVES
DEVELOPMENT BANK
DISBURSEMENT
DISBURSEMENTS
DOMESTIC ARREARS
DOMESTIC BANK
DOMESTIC BONDS
DOMESTIC BORROWING
DOMESTIC CAPITAL
DOMESTIC CAPITAL MARKET
DOMESTIC DEBT
DOMESTIC DEBT MARKET
DOMESTIC DEBT MARKET DEVELOPMENT
DOMESTIC INTEREST RATES
DOMESTIC MARKET
DOMESTIC MARKETS
ECONOMIC DEVELOPMENT
ECONOMIC DEVELOPMENTS
ESCROW
EXCHANGE RATE
EXPENDITURE
EXPENDITURES
EXTERNAL BORROWING
EXTERNAL BORROWINGS
EXTERNAL COMMERCIAL BORROWING
EXTERNAL DEBT
FINANCIAL INFORMATION
FINANCIAL MANAGEMENT
FINANCIAL MARKET
FINANCIAL MARKETS
FINANCIAL PORTFOLIO
FINANCIAL RISK
FINANCIAL STABILITY
FISCAL DEFICIT
FISCAL POLICY
FIXED INTEREST
FIXED INTEREST RATES
FOREIGN CURRENCY
FOREIGN CURRENCY DEBT
FOREIGN CURRENCY RISK
FOREIGN CURRENCY RISKS
FOREIGN FINANCING
FOREIGN MARKETS
FUTURE CASH FLOWS
GOVERNMENT ACCOUNT
GOVERNMENT BANK
GOVERNMENT BONDS
GOVERNMENT BORROWINGS
GOVERNMENT BUDGET
GOVERNMENT DEBT
GOVERNMENT FINANCE
GOVERNMENT GUARANTEES
GOVERNMENT PAPER
GOVERNMENT POLICIES
GOVERNMENT SECURITIES
HOLDING
HOLDINGS
HUMAN RESOURCE
INDEBTEDNESS
INFLATION
INFLATIONARY PRESSURES
INSTITUTIONAL CAPACITY
INSURANCE
INTEREST RATE
INTEREST RATE PAYMENTS
INTEREST RATE RISK
INTEREST RATES
INTERNAL AUDIT
INTERNAL AUDITS
INTERNATIONAL FINANCE
INTERNATIONAL STANDARDS
ISSUANCE
LEGAL AGREEMENTS
LEGAL FRAMEWORK
LEGAL OBLIGATION
LENDER
LENDERS
LEVEL OF DEBT
LIQUIDITY
LOAN
LOAN AGREEMENT
LOAN AGREEMENTS
LOAN GUARANTEES
LOCAL BANKS
LOCAL CURRENCY
LOCAL GOVERNMENT
LONG TERM DEBT
LONG-TERM DEBT
MACROECONOMIC POLICIES
MACROECONOMIC STABILITY
MARKET PARTICIPANTS
MARKET REFORMS
MARKETABLE DEBT
MARKETABLE INSTRUMENTS
MATURITIES
MATURITY
MONETARY POLICY
MONETARY STABILITY
MONEY MARKETS
NATIONAL DEBT
OIL PRICES
OUTSTANDING LOANS
OUTSTANDING PUBLIC DEBT
OUTSTANDING STOCK
PAYMENT ORDER
PAYMENT ORDERS
PAYMENT SYSTEM
PENSION
PENSION SYSTEM
PORTFOLIO RISKS
PRICE STABILITY
PRIMARY DEALERS
PRIMARY MARKET
PRIVATE FINANCING
PRIVATE SECTOR BANK
PUBLIC DEBT
PUBLIC DEBT MANAGEMENT
PUBLIC DEBT STOCK
PUBLIC SECTOR DEBT
REGISTRY SYSTEM
REPAYMENT
REPOS
RESERVE
RESERVES
RISK MANAGEMENT
SECONDARY MARKET
SETTLEMENT
SOLVENCY
STOCK EXCHANGE
STOCKS
T- BILLS
T-BILL
T-BILLS
T-BOND
T-BONDS
TAX
TELECOMMUNICATIONS
TERM DEPOSITS
TOTAL DEBT
TRANSACTION
TRANSPARENCY
TREASURY
TREASURY BONDS
TREASURY NOTES
TURNOVER
USE OF DERIVATIVES
YIELD CURVE
spellingShingle ACCOUNTANT
ACCOUNTING
AGGREGATE DEBT
AUCTION
AUCTIONS
BALANCE SHEET
BANK ACCOUNT
BANK ACCOUNTS
BANK CREDIT
BANK FINANCING
BANK LOAN
BANK LOANS
BANK MARKET
BANKING SYSTEM
BEARER BONDS
BENEFICIARY
BID
BIDS
BOND
BOOK ENTRY
BOOK ENTRY SYSTEM
BOOK-ENTRY
BORROWING PLAN
BROAD MONEY
BUDGET DEFICIT
BUDGET DEFICITS
CAPACITY BUILDING
CAPITAL MARKETS
CASH BALANCE
CASH BALANCES
CASH FLOW
CASH FLOWS
CASH MANAGEMENT
CATEGORY OF DEBT
CENTRAL BANK
CENTRAL GOVERNMENT DEBT
CHECKS
COMMERCIAL BANK
COMMERCIAL BANKS
COMMERCIAL BORROWING
CONTINGENT LIABILITIES
CONTRACTUAL OBLIGATIONS
CREDIT LINE
CREDIT RISK
CREDIT RISK ASSESSMENTS
CREDITOR
CREDITORS
CURRENT ACCOUNT DEFICIT
DATED INSTRUMENTS
DEBT DATA
DEBT DATABASE
DEBT FLOWS
DEBT INSTRUMENT
DEBT INSTRUMENTS
DEBT ISSUANCE
DEBT LEVELS
DEBT MANAGEMENT
DEBT MANAGEMENT ACTIVITIES
DEBT MANAGEMENT CAPACITY
DEBT MANAGEMENT DEPARTMENT
DEBT MANAGEMENT FUNCTIONS
DEBT MANAGEMENT OPERATION
DEBT MANAGEMENT POLICY
DEBT MANAGEMENT STRATEGY
DEBT MANAGEMENT UNIT
DEBT MARKET DEVELOPMENT
DEBT MATURITIES
DEBT OBLIGATIONS
DEBT OPERATIONS
DEBT OUTSTANDING
DEBT OVERHANG
DEBT PAYMENT
DEBT POLICY
DEBT RELIEF
DEBT REPORTING
DEBT RESTRUCTURING
DEBT SERVICE
DEBT SERVICING
DEBT TRANSACTIONS
DEBTOR
DEBTOR REPORTING SYSTEM
DEPOSIT
DEPOSITS
DERIVATIVES
DEVELOPMENT BANK
DISBURSEMENT
DISBURSEMENTS
DOMESTIC ARREARS
DOMESTIC BANK
DOMESTIC BONDS
DOMESTIC BORROWING
DOMESTIC CAPITAL
DOMESTIC CAPITAL MARKET
DOMESTIC DEBT
DOMESTIC DEBT MARKET
DOMESTIC DEBT MARKET DEVELOPMENT
DOMESTIC INTEREST RATES
DOMESTIC MARKET
DOMESTIC MARKETS
ECONOMIC DEVELOPMENT
ECONOMIC DEVELOPMENTS
ESCROW
EXCHANGE RATE
EXPENDITURE
EXPENDITURES
EXTERNAL BORROWING
EXTERNAL BORROWINGS
EXTERNAL COMMERCIAL BORROWING
EXTERNAL DEBT
FINANCIAL INFORMATION
FINANCIAL MANAGEMENT
FINANCIAL MARKET
FINANCIAL MARKETS
FINANCIAL PORTFOLIO
FINANCIAL RISK
FINANCIAL STABILITY
FISCAL DEFICIT
FISCAL POLICY
FIXED INTEREST
FIXED INTEREST RATES
FOREIGN CURRENCY
FOREIGN CURRENCY DEBT
FOREIGN CURRENCY RISK
FOREIGN CURRENCY RISKS
FOREIGN FINANCING
FOREIGN MARKETS
FUTURE CASH FLOWS
GOVERNMENT ACCOUNT
GOVERNMENT BANK
GOVERNMENT BONDS
GOVERNMENT BORROWINGS
GOVERNMENT BUDGET
GOVERNMENT DEBT
GOVERNMENT FINANCE
GOVERNMENT GUARANTEES
GOVERNMENT PAPER
GOVERNMENT POLICIES
GOVERNMENT SECURITIES
HOLDING
HOLDINGS
HUMAN RESOURCE
INDEBTEDNESS
INFLATION
INFLATIONARY PRESSURES
INSTITUTIONAL CAPACITY
INSURANCE
INTEREST RATE
INTEREST RATE PAYMENTS
INTEREST RATE RISK
INTEREST RATES
INTERNAL AUDIT
INTERNAL AUDITS
INTERNATIONAL FINANCE
INTERNATIONAL STANDARDS
ISSUANCE
LEGAL AGREEMENTS
LEGAL FRAMEWORK
LEGAL OBLIGATION
LENDER
LENDERS
LEVEL OF DEBT
LIQUIDITY
LOAN
LOAN AGREEMENT
LOAN AGREEMENTS
LOAN GUARANTEES
LOCAL BANKS
LOCAL CURRENCY
LOCAL GOVERNMENT
LONG TERM DEBT
LONG-TERM DEBT
MACROECONOMIC POLICIES
MACROECONOMIC STABILITY
MARKET PARTICIPANTS
MARKET REFORMS
MARKETABLE DEBT
MARKETABLE INSTRUMENTS
MATURITIES
MATURITY
MONETARY POLICY
MONETARY STABILITY
MONEY MARKETS
NATIONAL DEBT
OIL PRICES
OUTSTANDING LOANS
OUTSTANDING PUBLIC DEBT
OUTSTANDING STOCK
PAYMENT ORDER
PAYMENT ORDERS
PAYMENT SYSTEM
PENSION
PENSION SYSTEM
PORTFOLIO RISKS
PRICE STABILITY
PRIMARY DEALERS
PRIMARY MARKET
PRIVATE FINANCING
PRIVATE SECTOR BANK
PUBLIC DEBT
PUBLIC DEBT MANAGEMENT
PUBLIC DEBT STOCK
PUBLIC SECTOR DEBT
REGISTRY SYSTEM
REPAYMENT
REPOS
RESERVE
RESERVES
RISK MANAGEMENT
SECONDARY MARKET
SETTLEMENT
SOLVENCY
STOCK EXCHANGE
STOCKS
T- BILLS
T-BILL
T-BILLS
T-BOND
T-BONDS
TAX
TELECOMMUNICATIONS
TERM DEPOSITS
TOTAL DEBT
TRANSACTION
TRANSPARENCY
TREASURY
TREASURY BONDS
TREASURY NOTES
TURNOVER
USE OF DERIVATIVES
YIELD CURVE
World Bank
Debt Management Performance Assessment : Sierra Leone
geographic_facet Africa
Sierra Leone
description The results of this assessment show that seven (7) indicators warranted an overall score of C or better, demonstrating compliance with the minimum requirement; these referred to the debt management strategy; evaluation of debt management operation; coordination with fiscal policy; domestic borrowing; external borrowing; debt records and debt reporting, and debt administration and data security. A total of eight (8) indicators did not meet the minimum requirement at the time of the mission. These correspond to legal framework; managerial structure; audit, coordination with monetary policy; loan guarantees and on-lending; cash-flow forecasting and balance management; segregation of duties, staff capacity and business continuity and debt reporting. The mission notes that Ministry of Finance and Economic Development, or MOFED is currently implementing reforms in the areas of public debt management and domestic debt market development, including i) designing a new comprehensive public debt law; ii) implementing the reorganization of the debt management unit in MOFED; iii) formulating and implementing a procedures manual for debt management functions in MOFED; iv) implementing connectivity between two major data bases, namely CSDRMS and the integrated financial management system of the government. As a consequence, the mission expects several of these indicators to improve with reform implementation.
format Economic & Sector Work :: Debt Management Performance Assessment
author World Bank
author_facet World Bank
author_sort World Bank
title Debt Management Performance Assessment : Sierra Leone
title_short Debt Management Performance Assessment : Sierra Leone
title_full Debt Management Performance Assessment : Sierra Leone
title_fullStr Debt Management Performance Assessment : Sierra Leone
title_full_unstemmed Debt Management Performance Assessment : Sierra Leone
title_sort debt management performance assessment : sierra leone
publisher Washington, DC
publishDate 2013
url http://documents.worldbank.org/curated/en/2009/12/18132180/sierra-leone-debt-management-performance-assessment-dempa
http://hdl.handle.net/10986/16226
_version_ 1764432559507243008
spelling okr-10986-162262021-04-23T14:03:28Z Debt Management Performance Assessment : Sierra Leone World Bank ACCOUNTANT ACCOUNTING AGGREGATE DEBT AUCTION AUCTIONS BALANCE SHEET BANK ACCOUNT BANK ACCOUNTS BANK CREDIT BANK FINANCING BANK LOAN BANK LOANS BANK MARKET BANKING SYSTEM BEARER BONDS BENEFICIARY BID BIDS BOND BOOK ENTRY BOOK ENTRY SYSTEM BOOK-ENTRY BORROWING PLAN BROAD MONEY BUDGET DEFICIT BUDGET DEFICITS CAPACITY BUILDING CAPITAL MARKETS CASH BALANCE CASH BALANCES CASH FLOW CASH FLOWS CASH MANAGEMENT CATEGORY OF DEBT CENTRAL BANK CENTRAL GOVERNMENT DEBT CHECKS COMMERCIAL BANK COMMERCIAL BANKS COMMERCIAL BORROWING CONTINGENT LIABILITIES CONTRACTUAL OBLIGATIONS CREDIT LINE CREDIT RISK CREDIT RISK ASSESSMENTS CREDITOR CREDITORS CURRENT ACCOUNT DEFICIT DATED INSTRUMENTS DEBT DATA DEBT DATABASE DEBT FLOWS DEBT INSTRUMENT DEBT INSTRUMENTS DEBT ISSUANCE DEBT LEVELS DEBT MANAGEMENT DEBT MANAGEMENT ACTIVITIES DEBT MANAGEMENT CAPACITY DEBT MANAGEMENT DEPARTMENT DEBT MANAGEMENT FUNCTIONS DEBT MANAGEMENT OPERATION DEBT MANAGEMENT POLICY DEBT MANAGEMENT STRATEGY DEBT MANAGEMENT UNIT DEBT MARKET DEVELOPMENT DEBT MATURITIES DEBT OBLIGATIONS DEBT OPERATIONS DEBT OUTSTANDING DEBT OVERHANG DEBT PAYMENT DEBT POLICY DEBT RELIEF DEBT REPORTING DEBT RESTRUCTURING DEBT SERVICE DEBT SERVICING DEBT TRANSACTIONS DEBTOR DEBTOR REPORTING SYSTEM DEPOSIT DEPOSITS DERIVATIVES DEVELOPMENT BANK DISBURSEMENT DISBURSEMENTS DOMESTIC ARREARS DOMESTIC BANK DOMESTIC BONDS DOMESTIC BORROWING DOMESTIC CAPITAL DOMESTIC CAPITAL MARKET DOMESTIC DEBT DOMESTIC DEBT MARKET DOMESTIC DEBT MARKET DEVELOPMENT DOMESTIC INTEREST RATES DOMESTIC MARKET DOMESTIC MARKETS ECONOMIC DEVELOPMENT ECONOMIC DEVELOPMENTS ESCROW EXCHANGE RATE EXPENDITURE EXPENDITURES EXTERNAL BORROWING EXTERNAL BORROWINGS EXTERNAL COMMERCIAL BORROWING EXTERNAL DEBT FINANCIAL INFORMATION FINANCIAL MANAGEMENT FINANCIAL MARKET FINANCIAL MARKETS FINANCIAL PORTFOLIO FINANCIAL RISK FINANCIAL STABILITY FISCAL DEFICIT FISCAL POLICY FIXED INTEREST FIXED INTEREST RATES FOREIGN CURRENCY FOREIGN CURRENCY DEBT FOREIGN CURRENCY RISK FOREIGN CURRENCY RISKS FOREIGN FINANCING FOREIGN MARKETS FUTURE CASH FLOWS GOVERNMENT ACCOUNT GOVERNMENT BANK GOVERNMENT BONDS GOVERNMENT BORROWINGS GOVERNMENT BUDGET GOVERNMENT DEBT GOVERNMENT FINANCE GOVERNMENT GUARANTEES GOVERNMENT PAPER GOVERNMENT POLICIES GOVERNMENT SECURITIES HOLDING HOLDINGS HUMAN RESOURCE INDEBTEDNESS INFLATION INFLATIONARY PRESSURES INSTITUTIONAL CAPACITY INSURANCE INTEREST RATE INTEREST RATE PAYMENTS INTEREST RATE RISK INTEREST RATES INTERNAL AUDIT INTERNAL AUDITS INTERNATIONAL FINANCE INTERNATIONAL STANDARDS ISSUANCE LEGAL AGREEMENTS LEGAL FRAMEWORK LEGAL OBLIGATION LENDER LENDERS LEVEL OF DEBT LIQUIDITY LOAN LOAN AGREEMENT LOAN AGREEMENTS LOAN GUARANTEES LOCAL BANKS LOCAL CURRENCY LOCAL GOVERNMENT LONG TERM DEBT LONG-TERM DEBT MACROECONOMIC POLICIES MACROECONOMIC STABILITY MARKET PARTICIPANTS MARKET REFORMS MARKETABLE DEBT MARKETABLE INSTRUMENTS MATURITIES MATURITY MONETARY POLICY MONETARY STABILITY MONEY MARKETS NATIONAL DEBT OIL PRICES OUTSTANDING LOANS OUTSTANDING PUBLIC DEBT OUTSTANDING STOCK PAYMENT ORDER PAYMENT ORDERS PAYMENT SYSTEM PENSION PENSION SYSTEM PORTFOLIO RISKS PRICE STABILITY PRIMARY DEALERS PRIMARY MARKET PRIVATE FINANCING PRIVATE SECTOR BANK PUBLIC DEBT PUBLIC DEBT MANAGEMENT PUBLIC DEBT STOCK PUBLIC SECTOR DEBT REGISTRY SYSTEM REPAYMENT REPOS RESERVE RESERVES RISK MANAGEMENT SECONDARY MARKET SETTLEMENT SOLVENCY STOCK EXCHANGE STOCKS T- BILLS T-BILL T-BILLS T-BOND T-BONDS TAX TELECOMMUNICATIONS TERM DEPOSITS TOTAL DEBT TRANSACTION TRANSPARENCY TREASURY TREASURY BONDS TREASURY NOTES TURNOVER USE OF DERIVATIVES YIELD CURVE The results of this assessment show that seven (7) indicators warranted an overall score of C or better, demonstrating compliance with the minimum requirement; these referred to the debt management strategy; evaluation of debt management operation; coordination with fiscal policy; domestic borrowing; external borrowing; debt records and debt reporting, and debt administration and data security. A total of eight (8) indicators did not meet the minimum requirement at the time of the mission. These correspond to legal framework; managerial structure; audit, coordination with monetary policy; loan guarantees and on-lending; cash-flow forecasting and balance management; segregation of duties, staff capacity and business continuity and debt reporting. The mission notes that Ministry of Finance and Economic Development, or MOFED is currently implementing reforms in the areas of public debt management and domestic debt market development, including i) designing a new comprehensive public debt law; ii) implementing the reorganization of the debt management unit in MOFED; iii) formulating and implementing a procedures manual for debt management functions in MOFED; iv) implementing connectivity between two major data bases, namely CSDRMS and the integrated financial management system of the government. As a consequence, the mission expects several of these indicators to improve with reform implementation. 2013-11-06T20:43:23Z 2013-11-06T20:43:23Z 2009-12 http://documents.worldbank.org/curated/en/2009/12/18132180/sierra-leone-debt-management-performance-assessment-dempa http://hdl.handle.net/10986/16226 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Debt Management Performance Assessment Economic & Sector Work Africa Sierra Leone