Current Investigation Current Investigation ThemesThemes

Mr. Roberto Salcedo AquinoMr. Roberto Salcedo AquinoRepresentative of the WGPD’s ChairRepresentative of the WGPD’s Chair

INTOSAI Working Group on Public DebtINTOSAI Working Group on Public Debt

June, 2010

Investigation ThemesInvestigation Themes1.1. Public Debt IndicatorsPublic Debt Indicators

2.2. Impact of financial crises on public debtImpact of financial crises on public debt

3.3. Public Debt Management OfficePublic Debt Management Office

4.4. Contingent DebtContingent Debt

5.5. Assessment of human resources employed in debt contractingAssessment of human resources employed in debt contracting

6.6. Risk assessment and reduction of probable effects on debt structureRisk assessment and reduction of probable effects on debt structure

7.7. Evaluation of information systems related to public debt Evaluation of information systems related to public debt managementmanagement

8.8. Extraordinary income analysis and its use to ameliorate external Extraordinary income analysis and its use to ameliorate external public debtpublic debt

9.9. Government support during financial crises: impacts on public debt Government support during financial crises: impacts on public debt and potential roles for SAIsand potential roles for SAIs

10.10. Public bidding and adjudication for the recruitment of agents, bond Public bidding and adjudication for the recruitment of agents, bond and stock brokersand stock brokers

(1) Public Debt Indicators(1) Public Debt Indicators

Leader:Leader: MexicoMexico

Working Team:Working Team: ArgentinaArgentina BulgariaBulgaria FijiFiji LithuaniaLithuania Zambia Zambia

Timeframe:Timeframe:

XIX INCOSAIXIX INCOSAI

(2) Impact of financial crises on (2) Impact of financial crises on public debtpublic debt

Leader:Leader: United States of United States of

AmericaAmerica

Working Team:Working Team: MexicoMexico

Timeframe:Timeframe:

XIX INCOSAIXIX INCOSAI

(3) Public Debt (3) Public Debt Management OfficeManagement Office

Leader:Leader: United KingdomUnited Kingdom

Working Team:Working Team: BulgariaBulgaria CanadaCanada FijiFiji

Timeframe:Timeframe:

Mid-termMid-term

(4) Contingent Debt(4) Contingent Debt

Leader:Leader: UkraineUkraine

Working Team:Working Team: ArgentinaArgentina KoreaKorea BrazilBrazil

Timeframe:Timeframe:

Mid-termMid-term

(5) Assessment of human resources (5) Assessment of human resources employed in debt contractingemployed in debt contracting

Leader:Leader: FijiFiji

Working Team:Working Team: MexicoMexico ZambiaZambia

Timeframe:Timeframe:

Mid-termMid-term

(6) Risk assessment and reduction of (6) Risk assessment and reduction of probable effects on debt structureprobable effects on debt structure

Leader:Leader: YemenYemen

Working Team:Working Team: Russian FederationRussian Federation AustriaAustria Lithuania (Lithuania (to be to be

confirmedconfirmed))

Timeframe:Timeframe:

Mid-termMid-term

[and internal control system on public debt management]

(7) Evaluation of information systems (7) Evaluation of information systems related to public debt managementrelated to public debt management

Leader:Leader: PendingPending

Working Team:Working Team: PendingPending

Timeframe:Timeframe:

Long termLong term

(8) Extraordinary income analysis and its (8) Extraordinary income analysis and its use to ameliorate external public debt use to ameliorate external public debt

Leader:Leader: PendingPending

Working Team:Working Team: PendingPending

Timeframe:Timeframe:

Long termLong term

(9) Government support during (9) Government support during financial crises: impacts on public financial crises: impacts on public debt and potential roles for SAIsdebt and potential roles for SAIs

Leader:Leader: CanadaCanada

Working Team:Working Team: BrazilBrazil

Timeframe:Timeframe:

Long term (2011)Long term (2011)

Formerly:”Adequacy of regulatory framework: of the financial services sector: impact on contingent liabilities and public debt”