INTOSAI Public Debt Working Group

Updating of the Strategic Plan 2011-2016

Richard Domingue

Office of the Auditor General of Canada

June 14, 2010

IntroductionPublic Debt Working Group mandate

Structure of INTOSAI’s Goal 3, “Knowledge

Sharing”

“Encourage SAI cooperation, collaboration

and continuous improvement through

knowledge sharing, including providing

benchmarks, conducting best practices

studies, producing audit guidance material

and performing research on issues of

mutual interest and concern”

PDWG Focus

Capacity building Partnership with IDI

To suport SAIs capacity on public debt

management issues

INTOSAI’s Strategic Goal 2

“Institutional Capacity Building”

New Terms of Reference

Approved by the PDWG in Kyiv (2009 )

Clarify roles and responsibilities

Members

Chair

Project leaders

Host SAI

www.wgpd.org.mx/Anexos/130510/WGPDToR_i.doc.pdf

Purpose of Strategic Plan (1)

20th anniversary of the PDWG

Updating the existing Strategic Plan for the

next five years (2011-2016)

Activities to be undetaken

Leadership role “champion” of public

debt auditing issues

Promotion of sound debt management

practices

Purpose of Strategic Plan (2)

Identification and analysis of public debt

issues

Development of proposals for dealing with

challenges

Addressing increasing demands and

expectations of the INTOSAI community

Strategic Plan Overview

Working Group’s Mission Statement

Business and purpose of the PDWG

Vision Statement

What should be accomplished

Strategic Plan Overview

Two strategic goals

In support of the mission and vision

statements

Definition of specific activities

achievement of the mission statement over

the next five years

Mission Statement

“To advance the highest standards in public

debt auditing and promote sound practices

for debt management and appropriate data

disclosure standards by sharing knowledge

and experiences among members”

Vision Statement

“For the Public Debt Working Group to be

recognized by the Supreme Audit Institutions

(SAI) as the leading forum on public debt audit

practices and debt management issues for its

excellence in analyses, research, and capacity

building projects as well as its publications”

Strategic GoalsGoal 1: Capacity building and enhancing

SAI expertise Building capacity and professional

capacities of the Working Group collaborative arrangements

Production of innovative research, studies, and guidance

Dissemination of knowledge through an active publication and capacity building program SAI community needs

Strategic Goals Goal 2: Strengthening the Working

Group’s capabilities and measuring its

impact

Promote active participation of members

Efficient communication between members

and the INTOSAI community

Survey the impact of the Public Debt

Working Group

Context Financial and economic crisis

Fiscal deterioration developed countries

Rapid increase government debt and

contingent liabilities

Discretionary fiscal stimulus and government

spending support of aggregate demand

Decrease of government revenues

economic contraction

Opportunities for the PDWG

Impact of the crisis level and management

of public debt

Influence of the economic turmoil

Unique position to support SAIs

Emerging public debt issues

New challenges

Goal 1 Proposed Activities Maintain a specialized “Network of Experts”

on public debt auditing and debt

management practices throughout all the

regions and all INTOSAI official languages

Increase the PDWG’s capacity

Analyses

Research products

Technical assistance

Goal 1 Proposed Activities

Collaborative agreements

SAI community

Government organizations

Academic institutions

International financial institutions

Strengthening collaboration with INTOSAI

Development Initiative (IDI)

Goal 1 Proposed Activities Coordinate the effort of the Working Group with

the IDI to facilitate capacity building of public

debt issues in SAIs

Collaboration with the IDI

Design, develop and deliver needs- based

capacity building interventions

SAIs in developing countries

Goal 1 Proposed Activities

Transregional Capacity Building Programme

for Audit of Public Debt Management

Assessment of outputs and outcomes of

the programme IDI and WGPD

Further capacity building interventions

based on the results

Goal 1 Proposed Activities Design an effective publication program that

corresponds to SAIs’ needs and priorities

Creation of relevant products

Essays

Research papers

Guidelines on public debt issues

Attention to new debt management issues and

challenges

Goal 1 Proposed Activities

Establish a process to update and review

the guidance

WGPD periodical review of guidelines

on public debt

Goal 1 Proposed Activities

Develop guidelines for creating and

disseminating the Working Group’s

publications

Methodology guarantee the

development of high-quality products

Goal 1 Proposed Activities

Carry out occasional surveys and

questionnaires among the SAI members of

the INTOSAI

Collection of information needs of the SAI

community

Identification of gaps

Capacity-building activities

Publication program

Goal 1 Proposed Activities

Maintenance of an active list of projects

Coordination of its efforts with the IDI

Allowing the committee to periodically

assess its performance in regard to Goal 1

Goal 1 Proposed Activities

Disseminate the Working Group’s

products in all the INTOSAI regions and

in INTOSAI’s official languages

Guaranteeing access to all countries

No language restriction

Goal 1 Proposed Activities Maintain and review the Working Group’s website

periodically

Ensuring website updating

Relevance of its contents

SAI community

International organizations

Government decision makers

Goal 1 Proposed Activities Promote internship and staff exchange

agreements between the members of the

Working Group

Strengthening audit capabilities for public

debt issues

Acquiring specialized knowledge on auditing

techniques and working methods

Further dissemination within their SAIs

Goal 2 Proposed Activities Periodically assess the scope of the

Working Group Occasional surveys Analyze impact and contributions to

INTOSAI Achievement of its mission and vision

statements Periodical assessment of the committee‘s

performance Goal 2 

Goal 2 Proposed Activities Establish and maintain a collaborative

relationship with the Task Force on Global Financial Crisis (TFGFCP)

Establishment and maintenance of sound working relations

INTOSAI community needs’ identification Discussion of common issues Support of respective research projects Minimize potential duplication

PDWG member responsible for this activity

Goal 2 Proposed Activities Maintain an active relationship with the other

regional groups, working groups, standing

committees, task forces as well as other

institutions dealing with public debt issues

SAIs needs’ identification

Exchange of knowledge and experiences

PDWG member responsible for this activity

Goal 2 Proposed Activities Facilitate and promote efficient

communication systems between

members

INTOSAI’s Collaboration Tool

Member-only discussion forum PDWG

official website

Better coordination of PDWG’s work and

projects

Goal 2 Proposed Activities Working Group’s members are expected to be

active participants

Terms of Reference participants’ expected

responsibilities

PDWG members

Active

Proactive participation by all