How to Develop A Framework for the Investment of Temporary Government Cash Surpluses /

Well-developed cash management aims to improve government operational efficiency and facilitates better service delivery by ensuring liquidity to meet payment obligations as they fall due. Liquidity, however, comes at a cost. Governments can reduce the cost of maintaining liquidity by proactively ma...

Szczegółowa specyfikacja

Opis bibliograficzny
1. autor: Fainboim Yaker, Israel
Kolejni autorzy: Saxena, Sandeep, Williams, Mike
Format: Czasopismo
Język:English
Wydane: Washington, D.C. : International Monetary Fund, 2020.
Seria:IMF How To Notes; How-To Note ; No. 2020/003
Dostęp online:Full text available on IMF
Opis
Streszczenie:Well-developed cash management aims to improve government operational efficiency and facilitates better service delivery by ensuring liquidity to meet payment obligations as they fall due. Liquidity, however, comes at a cost. Governments can reduce the cost of maintaining liquidity by proactively managing their cash balance at an appropriate level and prudently investing any excess liquidity. This note discusses the policy framework and processes that governments should put in place to identify, guide, and govern the investment of their surplus cash resources.
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Opis fizyczny:1 online resource (25 pages)
Format:Mode of access: Internet
ISSN:2522-7912
Ograniczenie dostępu:Electronic access restricted to authorized BRAC University faculty, staff and students