The Revenue Mobilisation, Investment and Trade (REMIT) is a 39-month (2021 – 2025) program funded by the UK’s Foreign, Commonwealth and Development Office (FCDO) and is implemented by Adam Smith International (ASI). The program provides technical assistance (TA) to Pakistan with a broader objective to implement reforms for strengthening macroeconomic stability and improving conditions for high and sustained growth, mutual prosperity, job creation, and poverty reduction. The Programme works towards supporting the Government of Pakistan, its relevant ministries, institutions, and departments to strengthen revenue mobilization reforms/initiatives, address investment environment challenges, facilitate trade and drive competitiveness by reducing trade barriers, and improve the macroeconomic policy and its management.

The Ministry Of Finance (MoF) has prioritized effective debt management to bring and maintain public debt-to-GDP ratio at sustainable levels. It aims to carry out improved debt management along with resource mobilisation, expenditure rationalisation, and efficient utilisation of debt.

REMIT is currently seeking an experienced Debt Management Expert. This role involves working with the MoF to prepare an institutional analysis of the debt management function and formulate and formulate an institutional roles matrix.

The position requires a comprehensive approach, combining economic expertise, advanced institutional knowledge and stakeholder engagement abilities and effective training and capacity building skills.

Job Summary

This assignment will require the expert to review public debt instruments, identify cases requiring missing updates on debt obligations and payments, and ensure that these are included in the MoF debt profile calculations. In addition, the expert and their team will provide support to develop an institutional roles matrix for debt management. 

Duties and Responsibilities

1. Develop of institutional analysis scheme instruments for collection of information and data

• Assess debt data gaps
• Devise a data and information collection process, including KIIs.

1. Implement the IAS and develop a draft institutional analysis and draft institutional matrix,

• including options for data management and analytical solutions
• Including an implementation plan for role enunciation and high coordination

1. Plan, organise, and conduct workshops

• Coordinate data validation workshop to discuss findings and consult on draft analysis
• Organise consultations to refine draft analysis and draft institutional matrix.

1. Stakeholder Collaboration:

• Collaborate with government agencies, academic institutions, and private sector entities to gather expertise and ensure the alignment of the implementation plan with the political and economic landscape of Pakistan.

Qualifications and Experience:

• A minimum of 15 years of experience in the development of sustainable debt management planning.
• Good understanding of economic policies and variables like interest rates, and inflation rates.
• Excellent system development and data expertise for the development models. 
• Minimum master’s, preferably PhD qualification in economics, statistics, or related field.
• Strong review and analysis skills, with the ability to review technical policy and legal documents.
• Ability to engage with senior-level government officials, and to facilitate the process of getting things done vis-à-vis timelines, responsibilities, and resources required to deliver individual actions.
• Excellent record keeping, report writing, communications, and presentation skills.
• Excellent oral and written English.

Reporting

The consultant will report to the REMIT Team Lead and REMIT Macroeconomy Lead.