15 March. Public Finance Sustainability in Subnational Governments
The HIPC CBP produced its penultimate publication, designed to assist developing countries to analyse the sustainability of public finances and borrowing by decentralised government entities such as provinces, regions and municipalities. It has been written by CEMLA based on a major pilot programme in Bolivia, and presents the key analytical issues and framework, a system for assessing capacity-building needs, and the results of the Bolivia pilot programme. Work on this methodology is to continue under the next post-CBP phase of CEMLA's public debt management programme.
