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24
ECCB ANNUAL REPORT 2016/2017
T
hrough the Canada-Eastern Caribbean Debt
Management Advisory Service (CANEC-DMAS)
Project, the Bank provided capacity building to the
ECCB member countries in a number of debt areas
including: debt management strategies; debt portfolio
reviews; debt bulletins; and improvements in the
quality and timeliness of debt data.
One of the major achievements under the Bank’s debt
management agenda was the Junior Debt Managers
Programme (JDMP). The programme was a joint
venture between the ECCB and the IMF, with funding
from the Government of Canada. The six-month
training course was held at the ECCB Headquarters
over the period 3 October 2016 to 31 March 2017. The
purpose of the programme was to strengthen public
debt management in the ECCU by training young
professionals with the skills and knowledge required
for modern and effective public debt management.
Programme participants were selected on a highly
competitive basis by a panel, which comprised a
representative from the ECCB, IMF and the debt
manager of the country from which the candidate
was being recruited. The countries represented were:
Anguilla, Antigua and Barbuda, Grenada, St Kitts and
Nevis, Saint Lucia and St Vincent and the Grenadines.
The offer was also extended to member states to
nominate existing staff from the Debt Management
Offices (DMOs) for specific modules. The ECCB staff
also participated in selected modules.
The officers received training in the technical areas of
debt management and in developing soft skills such as
communication, presentation and writing techniques.
In addition to the classrooms style training, the junior
debt managers benefitted from a study tour to Ireland
and Italy which exposed them to advanced debt
management practices. The experiencewas alsomeant
to inspire their future work as well as build a channel
of communication and cooperation with the DMOs at
the forefront of public debt management. They also
received hands-on exposure to debt management
during a two-week attachment at the DMOs in their
respective countries.
Governor Timothy N. J. Antoine (Front Row: fourth from left) with Junior Debt Managers Programme participants and facilitators