World Bank – CII : Masterclass on ‘Credit Reporting’, Tue, Sep 27, 2016 2:30 PM IST

In a country’s financial infrastructure, ‘Credit Reporting’ is a vital part and is also an activity of public interest. Studies in developed countries suggest that in an economy, the presence of a robust credit information system helps the spread of outflow of finances.

MSMEs in India are yet to be fully represented in credit bureaus. They are yet to leverage the benefits offered by credit bureaus and credit rating agencies to build, maintain and enhance their financial track records and credit standing.

To enhance the awareness about Credit Reporting, the SME Finance Facilitation Centre of CII is organizing an online session on ‘Credit Information Awareness Training’, in collaboration with the World Bank Group. In this session, a team from the World Bank Group would disseminate this knowledge by:

• introducing new knowledge on this subject
• helping to understand the nuances
• assisting MSMEs to create a financial attitude for themselves

Register now

Renewables, solar, and large size projects trending in new data on private participation in infrastructure

While commitments in Brazil, China and India slowed down, investments in other emerging economies surged to $99.9 billion, representing a 92 percent year-over-year increase. While again, much of this investment is in Turkey (with a record total investment of US$44.7 billion in 2015), eleven of these countries committed at least $1 billion in 2015. Furthermore, El Salvador, Georgia, Lithuania, Montenegro, Uganda, and Zambia were among those to reemerge from a hiatus to close at least one PPP project in 2015

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Contingent Liabilities Risk Management: A Credit Risk Analysis Framework for Sovereign Guarantees and On-Lending

Sovereign credit guarantees and government on-lending can catalyze private sector investment and fulfill specific policy objectives. However, contingent liabilities stemming from guarantees and contingent assets stemming from on-lending expose governments to risk. Prudent risk management, including risk analysis and measurement, can help identify and mitigate these risks

Read full paper

Watch Live: World Economic Outlook Press Conference, Tuesday, October 6, 2015, 10:00 AM EDT

Watch the release of IMF’s World Economic Outlook Tuesday, October 6, 2015, 10:00 AM EDT you can plan to follow our press conferences, panel discussions, and other events when they happen!

The live webcast of the press conference for the World Economic Outlook will be available here: http://www.imf.org/external/pubs/ft/weo/2015/02/index.htm?email=true

The last released report in July can be accessed here

http://www.imf.org/external/pubs/ft/weo/2015/update/02/

 

BIS, ECB and IMF publish the Handbook on Securities Statistics

• The joint handbook assists the production of internationally comparable securities statistics.
• It covers the conceptual framework for statistics on debt and equity securities.
• Set of detailed presentation tables using the concepts and guidelines.

The Bank for International Settlements (BIS), the European Central Bank (ECB) and the International Monetary Fund (IMF) today jointly released the Handbook on Securities Statistics.

The importance of securities markets in intermediating financial flows, both domestically and internationally, underscores the need for relevant, coherent and internationally comparable statistics. This need was recognised by the G20 Data Gaps Initiative, launched in the aftermath of the 2007-08 global financial crisis with the support of the G20 finance ministers and central bank governors and the IMF’s International Monetary and Financial Committee.

Download handbook

Growing the Green Bond Market to Finance a Cleaner, Resilient World

STORY HIGHLIGHTS

• Green bonds give investors an innovative way of supporting clean energy, mass transit, and other low-carbon projects that can help countries adapt to and mitigate climate change.
• The World Bank has mobilized over $4.5 billion through 60 green bond transactions in 17 currencies, and the IFC has issued $3.4 billion in green bonds, including two $1 billion issuances in 2013.
• New Green Bond Principles and a call to double the market by September are helping expand the young market and attracting a new set of investors.

See full article at : http://www.worldbank.org/en/news/feature/2014/03/04/growing-green-bonds-market-climate-resilience

World Bank : Growing the Green Bond Market to Finance a Cleaner, Resilient World

• Green bonds give investors an innovative way of supporting clean energy, mass transit, and other low-carbon projects that can help countries adapt to and mitigate climate change.
• The World Bank has mobilized over $4.5 billion through 60 green bond transactions in 17 currencies, and the IFC has issued $3.4 billion in green bonds, including two $1 billion issuances in 2013.
• New Green Bond Principles and a call to double the market by September are helping expand the young market and attracting a new set of investors.

See more at  : http://www.worldbank.org/en/news/feature/2014/03/04/growing-green-bonds-market-climate-resilience

World Bank : International Debt Statistics 2013

International Debt Statistics (IDS) presents data and analysis information on the external debt of developing countries for 2011, based on actual flows and debt related transactions reported to the World Bank Debtor Reporting System (DRS) by 128 developing countries. It replaces Global Development Finance, which has been discontinued, and provides users with comprehensive stock and flow data on the external debt of individual developing countries and or regional and analytical groupings. As a service to users international debt statistics also set debt flows within the broader framework of aggregate net capital flows (debt and equity) to developing countries and includes a summary analysis of trends in 2011. The remainder of the overview is organized as follows. Section one analyze the key factors driving the evolution of developing countries’ debt stocks and flows in 2011. Section two describes recent trends in external debt flows to developing countries, including the financing pattern of different categories of creditors and the concentration of flows in specific countries and country groups. Section three examines the remarkable growth of private nonguaranteed debt over the course of the decade and the parallel diversification of borrowing instruments available to developing countries’ private sector borrowers. Section four assesses the level of developing countries’ external debt, measured in relation to key macroeconomic variables, notably Gross National Income (GNI) and export earnings. Section five summarizes trends in aggregate net capital flows, debt and equity, to developing countries in 2011. Section six distills the main messages for 2011 and the first half of 2012 from the information reported to Quarterly External Debt Statistics (QEDS) and Public Sector Debt (PSD) databases for developing and high income countries. Annex A provides users with a short overview of the coverage and content of the QEDS and PSD databases and annex B summarizes trends in lending by the World Bank (IBRD and IDA) in 2011.

Download full report at  https://openknowledge.worldbank.org/bitstream/handle/10986/12226/NonAsciiFileName0.pdf?sequence=1

https://openknowledge.worldbank.org/handle/10986/12226

World Bank Webinar : Metropolitan Public Finance: An Overview, March 4, 10am EST

Large metropolitan cities differ from other cities. Metropolitan public finance is also different because such cities spend more and differently than other cities and usually raise more of the revenue that they spend. Cities, like the governance structures within which they operate, differ substantially from country to country so there is no single best way to finance their public sectors. However, as this session will discuss, there are a few general principles to which many countries could usefully pay more attention such as thinking through carefully how best to balance central and local financial and fiscal responsibilities and accountability, establishing more appropriate metropolitan governance structures, and providing growing metropolitan areas with better ways to raise the funds they need to provide infrastructure and services.

Register here https://events-na4.adobeconnect.com/content/connect/c1/833642795/en/events/event/shared/default_template/event_registration.html?sco-id=1121693350

Speaker bio:
Richard M. Bird is Professor Emeritus of Economics, Rotman School of Management, and Adjunct Professor and Senior Fellow of the Institute for Municipal Governance and Finance, Munk School of Global Affairs, University of Toronto. He is also Distinguished Visiting Professor, Andrew Young School of Public Policy at Georgia State University in Atlanta, and Adjunct Professor of the Australian School of Taxation and Business Law of the University of New South Wales, Australia. He has served with the Fiscal Affairs Department of the IMF, and has been a visiting professor in the United States, the Netherlands, Australia, Japan, and India as well as a frequent consultant to the World Bank and other national and international organizations.