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This policy paper proposes the introduction of a variable remuneration component for debt managers in Sub-Saharan Africa and other less developed countries characterised by relatively underdeveloped institutional capacity and governance standards. The aim is to improve debt management outcomes and public debt transparency by aligning the interests of decision makers with those of the public.

The paper was authored by Dr. Moritz Kraemer, Chief Economic Advisor of Acreditus, a UAE-based risk consultancy firm, as well as Independent Non-Executive Director of Scope Ratings, the largest Europe-headquartered Credit Rating Agency. Dr. Kraemer is a member of the EMEA Expert Panel.

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