|||The DMFAS Programme is a world leading provider of technical cooperation and advisory services in the area of debt management. Integrated as a key activity of the United Nations Conference on Trade and Development (UNCTAD), the Programme has been successful in helping governments improve their capacity to manage debt for nearly 40 years. It has so far worked directly at the country level with 74 countries (mostly low and lower-middle income) and 115 institutions.|||
The overall objective of the DMFAS Programme is to strengthen the capacity of developing countries and countries with economies in transition to manage their debt in an effective and sustainable way, in support of poverty reduction, development and good governance.
The Programme offers countries a set of proven solutions for improving their capacity to handle the day-to-day management of public liabilities and produce reliable debt data for policy-making purposes. This includes its specialized debt management software, DMFAS – which greatly facilitates the work of the debt office – as well as advisory services and training activities in debt management.
Most recently, the mandate adopted in Nairobi at the occasion of UNCTAD XIV reaffirms, inter alia, the importance and the role of the DMFAS Programme in supporting effective debt management. The mandate states: “UNCTAD should […] continue […] its analytical and policy work and technical assistance on debt issues, including the Debt Management and Financial Analysis Programme”.
In addition, the Programme’s objective is supported by numerous resolutions and declarations:
Bridgetown Covenant (UNCTAD XV)
Nairobi Maafikiano (UNCTAD XVI): Paragraph 38 h
Sustainable Development Goal 17: "Goal 17.4: Assist developing countries in attaining long-term debt sustainability through coordinated policies aimed at fostering debt financing, debt relief and debt restructuring, as appropriate, and address the external debt of highly indebted poor countries to reduce debt distress."
Doha Declaration on Financing for Development: outcome document of the Follow-up International Conference on Financing for Development to Review the Implementation of the Monterrey Consensus (A/CONF.212/L.1/Rev.1). Full text is available in English, French, Spanish, Arabic and Russian.
The Doha mandate (UNCTAD XIII)
The Accra Accord (UNCTAD XII)