NICARAGUA

DMFAS user institution(s): Ministry of Finance and Central Bank
DMFAS start date (country) : 1988 (Ministry of Finance and Central Bank)
Project status in 2008: Active
Funding source of active project:  Inter-American Development Bank (IaDB) grant
Start date of active project: 2006
DMFAS current installation:  5.3 in Ministry of Finance and Central Bank (April 2007)
Version language: Spanish
DMFAS system operational status:

  • Database regularly kept up-to-date (Ministry of Finance and Central Bank);

  • System used for monitoring and internal reporting (Ministry of Finance and Central Bank);

  • (Ministry of Finance and Central Bank). System used for external reporting and statistics.

Note:
The Ministry is using DMFAS to manage the country’s domestic debt, while the Central Bank is in charge of managing the country’s external debt. A replication mechanism has been developed by the Central Bank, which copies its database to the Ministry of Finance on a daily basis.


Link with other system: Yes
Note: 
DMFAS is linked with the Central Bank’s internal accounting system.
Activities in 2008 (project and non-project):

  • Development of the second module (payments on domestic debt and non-payment operations) of the interface between DMFAS and SIGFA. UNCTAD technical consultants provided training and advise on this activity between May and September. This activity resulted in the conceptual and technical design of the first part of the interface. The development of this module is on-going.

  • Workshop on Debt Statistics and assistance in the elaboration of a debt statistical bulletin in September and October.

  • On-going DMFAS Programme support (including project management, administrative, documentation and IT) regarding implementation of the DMFAS system as well as  current and future capacity-building activities was provided from Geneva during the year.  In addition to the organization of project activities, this included, for example, an update (patch 20) to the DMFAS system currently installed in the Ministry of Finance and Central Bank as well as user documentation updates. 

  • The DMFAS Helpdesk responded to 34 country-specific requests during the year.

Planned activities:
Continued DMFAS support regarding implementation of the DMFAS system as well as other capacity-building activities in debt management.  Including:

  • DMFAS Helpdesk user support
  • Continuation of the development of the interface, development of the third module (disbursements and budget).
  • Debt Portfolio Analysis workshop
  • Project evaluation.