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Sustainable Financing of Development and Infrastructure

Sustainable Financing of Development and Infrastructure: A Handbook for Borrowers and Lenders is based on insights from the Multilateral Cooperation Center for Development Finance and Asian Infrastructure Investment Bank's workshop series of the same name. The handbook explains the entire sovereign debt process—from its fiscal roots, medium-term strategies, and borrowing plans, to its risks, transparency, and institutions. It reviews methodologies, norms, and practices, and guides the reader through case studies and hands-on exercises. With ten chapters and a synthesis written by renowned experts in their fields, the handbook brings the reality of public debt management to life through country experiences and the lessons they offer. Its ultimate objective is to provide both borrowers and lenders with the tools they need to make the financing of development and infrastructure efficient, effective, and, above all, fiscally sustainable.