Videoconference of the thematic group on liquidity management of the PEMPAL ТS

On October 20 of this year, a videoconference of the thematic group of the PEMPAL Treasury Community on liquidity management issues took place.

The main purpose of this video conference was to familiarize with the experience of the State Treasury of Georgia in the organization of a Single Treasury Account (CEN), as well as experience in managing its balances.

At the same time, the experience of the State Treasury of Georgia is the most interesting in terms of powers and functions. In general, the State Treasury can manage both the balances on its own sub-account and the balances on the CEN as a whole.

Moreover, Georgia uses the method of active liquidity management, namely, effective management of surplus funds, organization of additional income for the central budget, additional source of liquidity in the national currency at different levels and institutional development.

In addition, a draft report on the results of a survey of PEMPAL countries in previous videoconferences on CEN and liquidity management practices was presented at the online meeting.

This event was attended by representatives of the Treasury Committee of the Ministry of Finance of the Republic of Kazakhstan, Deputy Chairman of the Committee - R.K. Tokbayev, Head of the Cash, Analysis and Reconciliation Department - Z.I. Mukusheva, Head of the Analysis, Assessment and Risk Department - T.K. Chikanaev and Chief Expert of the Analysis, Assessment and Risk Department - A.B. Anuarov.

The presentation materials are posted on the event's web page at this link: https://www.pempal.org/node/3750 .