Study on Public Debt Management Systems and Results of a Survey on Solutions Used by Debt Management Offices
- Cigdem Aslan, Artan Ajazaj, Shurufa Abdul Wahidh
- Aug 2018
- The World Bank Group (WBG)
- International
This study aims to contribute to the literature on
- the essential requirements of a Debt Management Systems (DMS)
- how to select software that fits the system modernization and integration needs of a Debt Management Office (DMO), and
- how the solutions currently being used by governments meet those requirements.
The target audience is emerging and developing countries exploring ways of improving their IT platform. The first section of this study describes the characteristics of a DMS and articulates the benefits of a well-functioning system. The second section touches upon the coverage and functions expected from a DMS, including its integration with external systems. The third section discusses the pros and cons of selecting and implementing an off-the-shelf versus an in-house developed system. The fourth section presents the findings of a survey covering 31 countries with the objective of collecting information on the DMS currently used by DMOs and the respondent countries’ aspirations. The closing section draws some general conclusions.
