Government Cash Management and T-Bill Program in the UK and Implications for Emerging Economies
28 Pages Posted: 16 Apr 2004
Date Written: April 13, 2003
Weak government cash management is a common issue in many developing countries. The lack of an adequate government cash management can generate negative impact both on the government and on the overall economy. It has become critical for developing countries with cash management problems to develop an appropriate strategy and methodology to manage their government short-term cash inflows and outflows in a cost-effective manner so that the government will be able to have the right money in the right place at the right time to meet its obligations in the most effective way. In this context, this paper is intended to provide a practical guideline for developing effective government cash management system by studying the practices in the UK.
Keywords: Cash management, liquidity management, government securities, public finance, debt management
JEL Classification: G1, G2, H0, H5, H6
Suggested Citation: Suggested Citation