PHILIPPINES

DMFAS user institution(s): Bureau of the Treasury (Ministry of Finance), Central Bank
DMFAS start date (country) :1987 (Bureau of the Treasury, Ministry of Finance); 2008 (Central Bank) and 2007 preparatory project (Central Bank)
Project status in 2008: Active (1): Closed (Ministry of Finance); Active (Central Bank)
Funding source for active project:  Central Bank (Central Bank)
Start date of active project: 2008 (Central Bank)
Version of DMFAS currently installed:  5.2 in Bureau of the Treasury (December 2000), 5.3 in Central Bank for testing purposes only (February 2008)
Version language: English
System operational status:

  • System installed for testing purposes only and not yet operational (Central Bank)

  • Database regularly kept up to date (Ministry of Finance);

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

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

Link with other system: No
Activities in 2008 (project and non-project):

  • Final elaboration and signature (January) of a project with the International Department of the Central Bank for the installation of DMFAS 5.3 whose debt database is to be built following a major debt data conversion from the Bank's existing Integrated External Debt Management System. The project also envisages debt management training events for Bank staff and management. 

  • Implementation in February of the second planned activity of the above project which saw the installation of a test version of DMFAS 5.3 at the Central Bank, the elaboration of specifications for converting the current debt database to DMFAS format and the provision of basic technical and user training to support the conversion. 

  • Elaboration in Manila of the detailed design specifications, which constitutes one of the steps of the conversion procedure, by the Central Bank debt and IT staff as part of the above project.

  • Organisation in Geneva in November of a workshop in order to discuss and review the technical design specifications of the data conversion exercise, as per activity 1.3 and part of activity 1.4 of the above project. This two week workshop was attended by a large delegation from the BSP and involved the participation of a DMFAS senior debt expert and two DMFAS IT specialists. Other activities performed during the workshop were the review and update of the analysis and mapping between the two debt management systems and the validation and testing of a major part of the actual conversion programming.

  • On going discussions with the Bureau of the Treasury for the installation of DMFAS version 5.3 in its Debt Management and Analysis Department after the necessary funding was secured from its internal budget.

  • On-going DMFAS Programme support (including project management, administrative, documentation and IT) regarding implementation of the DMFAS system in both institutions as well as on  current and future capacity-building activities was provided from Geneva during the year.  In addition to regular contact with the Government about capacity-building needs, DMFAS support in 2008 included, for example, DMFAS Helpdesk user support.  The latter responded to 14 country-specific assistance requests during the year and specific assistance in regards to the on-going debt data conversion procedure at the Central Bank.

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;
  • Finalisation of the modalities of cooperation with the Bureau of the Treasury with a view to upgrade the current DMFAS installation in its Debt Management and Analysis Department;
  • Organisation of a two-week workshop in Manila tentatively planned for late February 2009 to fine-tune, validate and pre-test the results of the conversion coding. This would constitute the end of activity 1.4 as described in the relevant project document.