Rising Tide of Debt: Risk, Resilience, Responsibility

May 28, 2018 DAY ONE

8:00-9:00 am

Lobby Oslo Room

Registration

9:00-10:00 am

Oslo I + II Room

Welcome Address: Mr. Carlos Felipe Jaramillo, Senior Director, Macroeconomics, Trade and Investment (MTI), World Bank Group (WBG).

Keynote Address: Ms. Marjeta Jager, Deputy Director General of International Cooperation and Development, European Commission.

10:00-10:15 am

Lobby Oslo Room

Coffee Break 

10:15 - 11:30 am

Oslo I + II Room

Plenary Session 1:  Global Perspectives on Public Debt

Moderator:

Ms. Efthymia (Efi) Koutsokosta, EU Correspondent, Euronews Brussels

Panelists:

1. Ms. Antoinette Sayeh, Distinguished Visiting Fellow, Centre for Global Development, Washington DC.

2. Mr. Guillaume Chabert, co-chair of the Paris Club, Assistant Secretary, Department for Multilateral Affairs, Trade and Development Policies, French  Treasury.

3. Mr. Moritz Kraemer, International Expert, Sovereign risk, economic policy and multilateral lending institutions, Switzerland.

4. Mr. Grant Cameron, Manager, Development Data Group, World Bank Group.

11:30am-12:45 pm

Oslo I + II Room

Plenary Session 2: Are Debt Levels and Risks Rising – and if so, how can We Stem the Tide?

Moderator:

Mr. Carlos Felipe Jaramillo, Senior Director, MTI, WBG

Panelists:

1. Ms. Elena Flores, Director, International Economic and Financial Relations, Global Governance, DG ECFIN, European Commission.

2. Mr. Mark Flanagan, Assistant Director, Strategy Policy and Review Department, International Monetary Fund (IMF).

3. Mr. Eric Lalo, Managing Director, Co-Head Sovereign Advisory Group, Lazard Asset Management Company.

4. Mr. Liviu Voinea, Deputy Governor, National Bank of Romania

12:45- 2:00 pm

Cap Nord Restaurant

Lunch

2:00-3:30 pm

Bergen Room

Breakout Session 1: Responsible Financing: The role of the Private Creditors

Moderator:

Ms. Erica Gerretsen, Head of Unit, Budget Support and Public Finance Management, European Commission.

Panelists:

1. Mr. Agostino Consolo, Directorate General, Economic Department, European Central Bank.

2. Mr. Kevin Daly, Portfolio Manager, Emerging Market Debt, Aberdeen Standard Investments, United Kingdom.

3. Mr. Bodo Ellmers, Policy and Advocacy Manager, Debt and Financial Reforms, European Network on Debt and Development (Eurodad), Belgium.

4. Mr. Patrick Van der Wansem, International Expert.        

2:00-3:30 pm

Oslo I + II Room

Breakout Session 2: Responsible Management: To get countries more resilient to shocks?

Moderator:

Mr. Phillip Anderson, DMF Panel of Experts

Panelists:

1. Ms. Catherine Pattillo, Assistant Director, Fiscal Affairs Department, IMF.

2. Mr. Emre Balibek, Senior Debt Specialist, GMTMD, MTI, WBG.

3. Ms. Stella Nteziryayo, Head of Debt Office, Ministry of Finance and Economic Planning,  Rwanda.

4. Mr. Matthew Martin, Director, Development Finance International, United Kingdom.

3:30-4:00 pm

Lobby Oslo Room

Coffee Break

4:00-5:30 pm

Bergen Room

Breakout Session 3: Debt Transparency

Moderator:

Mr. Massimiliano Paolucci, Special Representative to the European Institutions, NATO, the Kingdom of Belgium and the Grand-Duchy of Luxembourg, WBG.

Panelists:

1. Mr. Grant Cameron, Manager, Development Data Group, WBG.

2. Mr. Lawrence Norton, U.S. Treasury Representative to the EU, Belgium.

3. Mr. Gerry Teeling, Senior Economic Affairs Officer and Head, DMFAS Program, UNCTAD.

4. Ms. Arijeta Neziraj–Elshani, Deputy Treasurer, Cash and Debt Management,  Ministry of Finance, Kosovo.

4:00-5:30 pm

Oslo I + II Room

Breakout Session 4: The Foundation for Sound Debt Management: Laws and Institutions

Moderator:

Mr. Tomas Magnusson, Chair, DMF Panel of Experts.

Panelists:

1. Mr. Mike Williams, International Expert, United Kingdom.

2. Ms. Lilia Razlog, Senior Debt Specialist, GMTMD, MTI, WBG.

3. Mr. Subash Chand, Director, Public Debt Management Cell, Department of Economic Affairs, Ministry of Finance, India.

4. Ms. Donna Yearwood, Head, Debt Management Division, Ministry of Finance,
Guyana. 

6:30 - 8:00 pm

Reception at Thon Hotel (hosted by the EC)

May 29, 2018, DAY TWO

9:00-10:15 am

Oslo I + II Room

Plenary Session 3: Domestic Debt Market Development to Mitigate Risks

Moderator:

Mr. Anderson Caputo Silva, Practice Manager, Finance and Markets, WBG.

Panelists:

1. Mr. Lars Mayland Nielsen, Head of Monetary Policy Operations and Govt. Debt; Danmarks Nationalbank, Denmark.

2. Mr. Yasantha Weerasinghe, Deputy Superintendent, Public Debt, Central Bank of Sri Lanka.

3. Ms. Maria Cannata, Member of Council of Experts, Treasury Department, Ministry of Economy and Finance, Italy.

10:15-10:45 am

Lobby Oslo Room

Coffee Break

10:45 am- 12:00pm

Bergen Room

Breakout Session 5: Managing Subnational Debt Risks

Moderator:

Mr. Saif Ullah Dogar, Special Secretary Finance, Government of Punjab, Pakistan

Panelists:

1. Ms. Izabella Barati-Stec, Visiting Professor, Central European University, Hungary.

2. Ms. Na Zhu, Deputy Director, Government Debt Management Division, Department of Finance, Hunan Province, China.

3. Ms. Abha Prasad, Program Leader, Latin American and the Caribbean, WBG.

4. Mr. Nura Danmadani, Director General, Bauchi State Debt Management Agency, Bauchi State, Nigeria.

10:45 am- 12:00pm

Oslo I + II Room

Breakout Session 6: Debt Sustainability Framework (DSF) Reforms

Moderator:

Ms. Doerte Doemeland, Practice Manager, GMTMD, MTI, WBG.

1. Ms. Lea Hakim, Senior Economist, GMTMD, MTI, WBG.

2. Mr. Baba Musa, Director, Debt Management Department, West African Institute for Financial and Economic Management (WAIFEM).

3. Mr. Dougal Martin, Lead Economist, Vice-Presidency of Countries, Inter-American Development Bank (IADB).

4. Mr. Leonce Yapo, Principal Country Economist,  AfDB.

12:00-1:15 pm

Oslo I + II Room

Plenary Session 4: Managing Risk under an Evolving Landscape

Moderator:

Ms. Doerte Doemeland, Practice Manager, GMTMD, MTI, WBG.

Panelists:

1. Mr. Daniel Hardy, Division Chief, Monetary and Capital Markets Department, IMF.

2. Mr. Teppo Koivisto, Chairman OECD Working Party on Public Debt Management and Director of Finance, Head of Divison, State Treasury, Finland.

3. Ms. Razia Khan, Managing Director and Chief Economist Africa, Standard Chartered Bank.

4. Mr. Erjon Luci, Deputy Minister of Finance and Economy, Ministry of Finance, Albania.

1:15-2:30 pm

Cap Nord Restaurant

Lunch

2:30- 3:45 pm

Bergen Room

Breakout Session 7:  Asset and Liability Management: Challenges and Opportunities

Moderator:

Mr. Lars Jessen, Lead Debt Specialist, GMTMD, MTI, WBG.

Panelists:

1. Mr. Mkhulu Maseko, Director, Credit Risk, Strategy and Risk Management, Ministry of Finance, South Africa.

2. Mr. Herman Kamil, Director, Debt Management Unit, Ministry of Economy and Finance, Uruguay.

3. Mr. Sebastien Boitreaud, Lead Financial Officer, Sovereign Debt, Financial and Banking Advisory Services, WBG.

4. Ms. Nouran Youssef,  Senior Financial  Sector Specialist  Arab Monetary Fund (AMF).

2:30 - 3:45 pm

Oslo I + II Room

Breakout Session 8:  Managing Debt in Small States

Moderator:

Mr. John Venner, Adviser, Statistics, Eastern Caribbean Central Bank (ECCB).

Panelists:

1. Ms. Pamella McLaren, Adviser and Head, Debt Management, Economic, Youth & Sustainable Development Directorate – DMU, Commonwealth Secretariat.

2. Mr. Ebrima Darboe, Director, Directorate of Loans and Debt Management, Ministry of Finance and Economic Affairs, The Gambia.

3. Ms. Vera John-Emmanuel, Ag. Deputy Director of Finance Debt & Investment
Management Unit, Department of Finance, St. Lucia.

4. Ms. Malvina Pollock, International Expert, United Kingdom.

3:45-4:15 pm

Lobby Oslo Room

Coffee Break

4:15 -5:30 pm

Oslo I + II Room

Round Table: What has the DMF Achieved? What’s Next?

Moderator:

Mr. Roger Nord, Deputy Director, Institute for Capacity Development (ICD), IMF.

Panelists:

1. Mr. Peter Istjan-Hölzl Adviser for Sustainable Development and Finance, International Financial Institutions Department, Federal Ministry of Finance, Austria.

2. Ms. Abha Prasad, Program Leader, Latin American and the Caribbean, WBG.

3. Mr. Baba Musa, Director, Debt Management Department, West African Institute for Financial and Economic Management (WAIFEM)

4. Mr. Stanislas Nkhata, Director, Debt Managment Program, Macroeconomic and Financial Management Institute of Eastern and Southern Africa (MEFMI).

5. Mr. Phillip Anderson, DMF Panel of Experts.

5:30-6:30 pm

Oslo I + II Room

Closing:

A Conversation with Ms. Erica Gerretsen, Head of Unit, Budget Support and Public Finance Management, European Commission; Mr. Carlos Felipe Jaramillo, Senior Director, MTI,WBG; and Mr. Moritz Kraemer, International Expert, sovereign risk, economic policy and multilateral lending institutions, Switzerland.

Closing Remarks: Mr. Carlos Felipe Jaramillo, Senior Director, MTI, WBG.