In the current economic climate, governments have introduced financial packages to ensure the stability of financial institutions and ultimately the stability of their economies. This has resulted in a significant aggravation of budget deficits that need to be financed. This situation is currently highly visible and has been worsened by the funding problems that certain European countries face and the necessity for the European Union to put in place significant support programs.
The FEE Paper looks at how public debt and cash management are organised, what the underlying strategies and objectives are, how performance is measured and what the reporting and audit requirements are across Europe.
Public Debt and Cash Management 1010