The Role of Treasury in Managing Fiscal Risks for Sustainability: Overview
Автор: PEMNA Secretariat
Загружено: 2023-08-27
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2022 PEMNA Plenary Conference: Treasury CoP Session 2-1
September 27-29, 2022 | Seoul, Korea
A comprehensive analysis and management of fiscal risks can help ensure sound fiscal public finances and macroeconomic stability. This session will explore why it’s essential to manage fiscal risks to ensure sustainability, the tools used, types of fiscal risks and the role of Treasury in managing these risks. Examples will be discussed from member countries of how Treasuries are handling this role.
Richard Allen, Public Finance Management Consultant of the World Bank, talks about the role of state treasuries in managing fiscal risks. He emphasizes the importance of treasuries in managing contingent liabilities, financial reporting, cash forecasting, and cash management. He also introduces various tools that can help quantify and manage fiscal risks. He concludes highlighting an integrated approach to risk management.
#PEMNA #Treasury #fiscalrisks #sustainability
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