International Debt Management Expert– Debt Management Reform Activity
The Revenue Mobilisation, Investment and Trade (REMIT) is a multi-year programme funded by the UK’s Foreign, Commonwealth and Development Office (FCDO) and is implemented by Adam Smith International (ASI). The program provides technical assistance (TA) to Pakistan with a broader objective to implement reforms for strengthening macroeconomic stability and improving conditions for high and sustained growth, mutual prosperity, job creation, and poverty reduction. The Programme works towards supporting the Government of Pakistan, its relevant ministries, institutions, and departments to strengthen revenue mobilization reforms/initiatives, address investment environment challenges, facilitate trade and drive competitiveness by reducing trade barriers, and improve the macroeconomic policy and its management.
The Ministry of Finance (MoF) has prioritized effective debt management to bring and maintain public debt-to-GDP ratio at sustainable levels. It aims to carry out improved debt management along with resource mobilisation, expenditure rationalisation, and efficient utilisation of debt.
REMIT is currently seeking an experienced Debt Management Specialist. This role involves working with the MoF to prepare analysis of the debt management function and formulate designs of functionalities for debt management analysis and decision support.
The position requires a comprehensive approach, combining economic expertise, advanced domain knowledge of debt analytics and management and stakeholder engagement abilities and effective training and capacity building skills.
Job Summary
This assignment will require the expert to review public debt instruments, identify cases requiring missing updates on debt obligations and payments, and ensure that these are included in the MoF debt profile calculations. In addition, the expert and their team will provide support to develop an analytic tool for domestic debt management.
Duties and Responsibilities
Review workflow and functionalities report and provide inputs toward finalization and ensure that it is technically adequate and well aligned with current global practice
Review and validate DMO’s essential functionalities requirement and add any functionalities in light of the international experience
Provide inputs into the design of an analytic and simulation tool for domestic debt and support testing and installation
Qualifications and Experience:
A minimum of 15 years of experience in the development of sustainable debt management planning.
Good understanding of economic policies, debt management and debt management analytics
Excellent system development and data expertise for the development models.
Minimum master’s, preferably PhD qualification in economics, statistics, or related field.
Strong review and analysis skills, with the ability to review technical policy and legal documents.
Ability to engage with senior-level government officials, and to facilitate the process of getting things done vis-à-vis timelines, responsibilities, and resources required to deliver individual actions.
Excellent record keeping, report writing, communications, and presentation skills.
Excellent oral and written English.
Reporting
The consultantwill report to the REMIT Team Lead and REMIT Macroeconomy Lead.
Application and Deadline
Interested applicants should submit their resume of not more than 2 pages by Friday 21st February 2025.