Innovative Capital Market Instruments Key to Managing Public Finances Amid Global Uncertainties, Find International Experts

Stocks and Financial Services Press Releases Friday June 8, 2018 08:58
Mexico City--8 Jun--World Bank

Mexico City, June 6, 2018—Debt managers and other public finance officials can effectively leverage capital market innovations to build resilience against economic volatility and other external risks, international experts said at a capital markets conference in Mexico City today.

Participants of the Government Borrowers Forum (GBF), held from June 4-6 in Mexico City, discussed how innovations in technology, fixed income markets, and other areas can be used to build resilience against risks and channel funding toward important sectors such as climate finance and infrastructure.

Now in its 37th year, the GBF is a forum for senior officials of countries issuing in international capital markets and treasurers of multilateral development banks to share debt management experiences, and exchange views on capital markets topics of common interest. Each year, about 80 to 100 senior debt managers from around the world attend. This year's GBF was hosted by Mexico's Ministry of Finance and Public Credit and organized in partnership with the World Bank Treasury, which hosts the GBF Secretariat. It marks the first time that the Forum returns to Latin America since it was last hosted by Colombia in 2014. Participants from 31 countries attended, spanning the globe from England and the United States to the Philippines and South Africa.

World Bank Vice President and Treasurer Arunma Oteh said: "This long-standing forum brings together debt managers and other public finance managers for a very candid discussion on shared challenges and opportunities. This year's GBF was particularly timely, given the rapidly changing environment in which we all operate. From harnessing new technologies for financial management to developing new ways to mobilize finances for sustainable investments, public debt managers face a uniquely challenging global context—and one that also offers important opportunities to change the way we operate to build more resilient economies."

Speakers at the 2018 GBF also included Mexico's Minister of Finance, Jose Antonio Gonzalez Anaya; Mexico's Deputy Finance Minister, Miguel Messmacher; the Head of Mexico's Debt Management Office, Juan Pablo Newman; World Bank Vice President for Latin America and the Caribbean, Jorge Familiar; and senior officials and private sector representatives from around the world.


Latest Press Release

BYFX Global Co., Limited Announces Business Launch

BYFX Global Co., Limited (BYFX Global) today announced the launch of its retail and institutional business -- offering clients around the globe top-tier liquidity and online OTC trading for Spot FX and Spot Bullion[1]. Striving towards financial...

2018 Robot World to Suggest Direction for the Fourth Industrial Revolution

Showcasing the latest robot technologies from around the world, the 2018 Robot World will be held at KINTEX, Korea from October 10-13, 2018. The Robot World (eng.robotworld.or.kr/wp), celebrating its 13th anniversary this year, consists of four main...

ชวนผู้ประกอบการเรียนรู้เส้นทางความสำเร็จของสตาร์ทอัพแอปพลิเคชัน เคลมดิ อังคาร 25 ก.ย. นี้

ตลาดหลักทรัพย์ฯ ขอเชิญผู้ประกอบการ Social Enterprise (SE) SMEs และ Startup ร่วมอบรมครั้งพิเศษในโครงการ SET Social Impact Gym หัวข้อ "Fintech vs Social Startup... Lesson Learned..." พบกับสตาร์ทอัพเจ้าของแอปพลิเคชัน "เคลมดิ" (Claim Di)...

3650 REIT and Silverfern To Collaborate on US CRE Private Debt

3650 REIT ("3650 REIT") and The Silverfern Group ("Silverfern") today announced a collaboration for bridge and event-driven lending secured by U.S. commercial real estate ("CRE") to be marketed as the Silver3TG Investment Program...

KTC packs a punch with worldwide online shopping opportunities with cash backs and up to X12 rewards points.

Mr. Nattasit Soontranu, Vice President - Credit Card Business, "KTC" or Krungthai Card Public Company Limited,states, "In the first half of the year, KTC achieved a decent level of online purchases made using KTC credit cards—a level that is also...

Related Topics