Government Cash Management: Good Practice & Capacity-Building Framework

Abstract

This paper provides information about research and analysis pertaining to government cash management practices in selected developed countries (including euro countries, Australia, Canada, and the United Kingdom) and recommends a capacity-building framework for developing countries. Following a discussion of the definition and objectives of government cash management, it presents the common features of an effective government cash management system by analyzing practices in countries with effective government cash management. The paper then discusses the importance of cash management, analyzes common government cash management issues in developing countries, and offers some solutions to those common problems. It concludes by recommending a capacity-building framework for government cash management in developing countries.