G20 Notes on Strenghtening Public Debt Transparency
- Jun 2018
- The World Bank Group
- International
Public debt transparency plays a critical role in ensuring effective risk assessment to support sustainable borrowing and lending practices. Recognizing that the primary responsibility for transparent debt recording, monitoring and reporting lies with the borrower, the first note in this publication discusses how the international financial community helps low and lower middle income countries (LLMICs) build capacity in these areas. It outlines a work agenda to address identified issues in debt management capacity of member countries as well as in the scope and type of technical assistance being provided. The second note in this publication looks at how the International Monetary Fund (IMF) and the World Bank can strengthen public debt transparency, through their role in collecting and disseminating debt data, conducting and publishing public debt analysis, and supporting and promoting sustainable borrowing and lending practices. Clearly, official bilateral creditors also have a role to play in ensuring sustainable lending.
