Joint UNITAR/Pôle-Dette Seminar for Economists on the
Legal Aspects of Debt and Financial Management
for French-speaking Central and West African Nations
(Libreville - Gabon, 28 April to 2
As part of a joint UNITAR/Pôle-Dette
training initiative, this five-day seminar is the first activity
being proposed by UNITAR and Pôle-Dette specifically for economists
from Central and West African nations. This five-day seminar also follows
a Needs Assessment Mission conducted jointly by UNITAR/Pôle-Dette/BEAC/BCEAO
with a view to assessing the training and capacity building needs in
terms of the legal aspects of debt, financial management and negotiation.
This seminar expects to invite senior and middle level government officials
(especially economists, as the title suggests) from a range of ministries
and government departments from sixteen Central and West African nations.
This seminar is designed to achieve the following objectives:
1) Enhance participants' understanding
of the legal procedures and legal aspects (i.e. regulatory framework)
of debt management;
2) Enhance participants' understanding of the legal issues in debt
transactions, particularly those involving external sources of funds;
3) Enhance participants' understanding of the role of the lawyer in
debt management and debt transactions
showing UNITAR's Multi-disciplinary approach to Debt Management and
the Centrality of the Legal Aspects therein.
This seminar is designed for
government officials, particularly economists, involved in public debt
management who are interested in learning more about the legal aspects
of public debt management, legal issues in debt transactions, and the
role of the lawyer in debt management and debt transactions.
This workshop intends to invite
participants from the following sixteen countries of Central and West
Africa: Bénin; Burkina-Faso; Cameroun; Congo; Côte d'Ivoire;
Gabon; Guinée; Guinée-Bissau; Guinée Equatoriale;
Mali; Mauritanie; Niger; République Centreafricaine; Sénégal;
Tchad; and Togo.
UNITAR's training programme in the legal aspects of debt, financial
management and negotiation commenced after a high-level expert meeting
in Geneva in 1987. Since the onset of this programme, UNITAR has conducted
training activities in a number of developing countries (primarily from
English-speaking Sub-Saharan Africa from East, West and Southern Africa)
and economies in transition. The programme focuses on:
- training government officials through
short-duration regional seminars and workshops on various aspects
of debt, financial management and negotiation;
- developing on-line training courses
(since January 2001, and in parallel with traditional regional training)
with a view to tapping a wider audience and reducing cost of training
- strengthening existing ties with regional
training centers (like Pôle-Dette) and offering joint courses
with partners in Africa and elsewhere;
- creating awareness among senior government
officials of the importance of the legal aspects in the borrowing
process and of putting together a multi-disciplinary team for loan
management and international negotiation;
- providing in-depth training and skills
development for accountants, economists, financial experts, decision
and policy makers, and lawyers coming from government ministries and
- developing and disseminating training
packages and 'best practice' materials directly related to the practicalities
of legal aspects of debt and financial management with a view to strengthening
existing human and institutional capacities at the national level;
- last but not least, assisting in capacity
building at the country level through the introduction of a UNITAR-developed
Guidance Document entitled 'Preparing a National Profile to Assess
the National Legal Infrastructure for Sound Financial Management'.
To date, UNITAR has held over 100 training
events in 35 countries. These training activities provide training to
senior and middle-level government officials in the field of debt, financial
management and negotiation. The programme has trained over 3500 participants
from the various partner countries. These training programmes are designed
to enhance the existing human resources in these developing nations
in the fields of financial management. Each training programme or activity
is designed to meet the specific needs of the country or region in question.
Since December 2001, UNITAR has conducted
a series of seminars and workshops with its Partner Pôle-Dette
in the legal aspects of debt, financial management and negotiation.
This training programme has drawn on the
expertise and knowledge of numerous institutions and individuals who
have and are working closely in debt, financial management and negotiation
Why Legal Aspects?
UNITAR's training programmes
on debt and financial management often focuses on the legal aspects.
is because surveys and evaluations that were held in partner countries
have found that a certain lack of awareness of legal procedures in debt
and financial management prevails in many of United Nations member states.
This lack has lead to negative effects in ability of these countries
to repay their debts and manage their finances. At the same time, few
other international institutions provide training in the legal aspects
of debt and financial management in a systematic and methodical way.
UNITAR has thus tried to address a concrete training need in many of
its partner countries and offers a training programme tailored to deal
with the legal aspects of debt and financial management. Moreover, UNITAR
believes that good legal support plays a crucial role in negotiating
and implementing a loan agreement.
UNITAR thus follows a multidisciplinary
approach to its training in the field of debt and financial management.
Since 1987, UNITAR has worked with a view to developing a comparative
advantage in the legal aspects of debt and financial management. UNITAR
considers linkages and cooperation with other training institutions
vital for the success and evolution of its training programmes in the
legal aspects of debt and financial management. It is with this in view
that UNITAR welcomes its partnership with Pôle-Dette for training
and capacity building in the Central and West African region.