The World Bank is developing a program to improve debt management in developing countries in collaboration with other partners.The objective of the program is to help strengthen capacity and institutions in developing countries to manage government debt in an effective and sustainable manner in the medium-to long-term. A cornerstone of the program is the Debt Management Performance Assessment Tool (DeMPA), a methodology for assessing performance through a comprehensive set of performance indicators spanning the full range of government debt management (DeM) functions. The intention is that the indicator set will be an nternationally recognised standard in the government debt management field and may be applied in all developing countries. Dempa is modelled after the Public Expenditure and Financial Accountability (PEFA) indicators.The scope of DeMPA is central government debt management activities and closely related functions such as issuance of loan guarantees, on-lending, derivative transactions, and cash flow forecasting and cash balance management.