Module 1: Foundations of Public Debt & Macroeconomic Principles

Introduces public debt concepts, debt instruments, macroeconomic fundamentals, and why governments borrow. Explains how fiscal policy affects economic performance and social development.

Module 2: Debt Accumulation, Debt Types & Borrowing Strategies

Covers domestic and external debt, concessional vs. non-concessional borrowing, bond issuance, and the strategic reasons behind government borrowing. Highlights risks linked to poor borrowing decisions.

Module 3: Public Investment, Infrastructure Finance & Capital Formation

Explores how governments invest in infrastructure, social programmes, and productive sectors. Discusses investment cycles, capital formation, and the economic value of public assets.

Module 4: Debt Sustainability Analysis (DSA) & Fiscal Risk Assessment

Provides tools for analysing debt sustainability, debt-to-GDP ratios, repayment capacity, interest costs, and fiscal risks. Introduces IMF–World Bank DSA frameworks.

Module 5: Public Investment Management & Cost–Benefit Analysis (CBA)

Explains how governments evaluate investment proposals using CBA, economic rate of return, social benefits, and risk-adjusted appraisal techniques to ensure value for money.

Module 6: Debt Management Frameworks, Institutions & Legal Requirements

Covers national debt management strategies, debt offices, legal frameworks, reporting obligations, and best practices for recording, monitoring, and governing public debt.

Module 7: Public Debt, Economic Growth & Development Outcomes

Examines theoretical and empirical relationships between debt and growth, crowding-out effects, debt overhang, productivity gains, and the role of debt in achieving long-term development goals.

Module 8: Global Experiences, Crisis Lessons & Reform Strategies

Presents case studies on successful and failed debt experiences, including sovereign defaults, debt restructuring, and strategies countries use to manage debt crises and strengthen fiscal resilience.

• Key concepts in public debt, borrowing, and macroeconomics

• Types of public debt and borrowing strategies

• How government investment drives economic development

• Methods for conducting debt sustainability analysis

• Techniques for evaluating public investment proposals

• Frameworks for managing, monitoring, and reporting public debt

• The impact of public debt on long-term economic growth

• Lessons learned from international debt experiences and reforms

• Public-sector finance and treasury officials

• Economic planners and policy analysts

• Development practitioners and donor-funded project officers

• Budget officers, economists, and researchers

• Students in economics, finance, public administration

• Professionals transitioning into public finance or debt management roles