This one-week workshop guides participants through the process of developing a public debt management strategy based on an analysis of financial cost and risk tradeoffs. Presentations and country cases illustrate the different stages of the strategy development process. Hands-on exercises focus on quantitative tools necessary to support debt management decisions such as calculating risk exposure indicators and scenario analysis. Participants present and discuss their respective countries’ debt management strategies and apply concepts learned during the course on practical examples of debt management strategies. This workshop, focused on strategy development, is closely related to the workshop on “Implementing Government Debt Management Strategies (IGDM)”, which is conducted in the subsequent week.