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