The Programs provide tailor-made technical assistance and capacity building with a focus on two major aspects of fiscal risk management: public debt management and sovereign disaster risk financing.

Activities under the government debt and risk management (GDRM) component will be implemented by the World Bank Treasury. They fall within five functional areas: i) governance arrangements, ii) policy coordination, iii) capacity and management of international operations, iv) debt management strategy and risk management, v) domestic borrowing and management of contingent liabilities.

Activities under the disaster risk financing and insurance (DRFI) component will be implemented by the World Bank Catastrophe Risk Working Group. They concern: i) catastrophe risk assessment and modeling, ii) fiscal risk management of natural disasters, iii) private catastrophe risk insurance market assessment and development, iv) capacity building for disaster risk financing strategies.

Phase 1 01.07.2010 - 31.12.2015   (Active)