The Commonwealth Secretariat is looking for Software Development companies to design its new debt management system.
The Commonwealth is developing a new public debt management system to further enhance its world-renowned software that has benefited more than 60 countries since 1985.
The new system, which will incorporating latest technological advances and recent developments in public debt management, will be an integrated tool for recording, accounting, reporting, monitoring and analysing a country’s public and publicly guaranteed debt, lending portfolio, derivatives, grants and private sector external debt.
Read the invitation to tender for this project >>
Deodat Maharaj, Commonwealth Deputy Secretary General, Social & Economic Development, said:
“We are well aware of the negative impact that the high cost of servicing debt can have on a country's development gains. Through the practical application of this new software, member countries will have a robust tool to better manage debt sustainability and risks.”
For more information, please see the
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