Modernizing Cash Management

Ian Lienert

No 2009/003, IMF Technical Notes and Manuals from International Monetary Fund

Abstract: This technical note describes the objectives of modern cash management. The note highlights that cash management is necessary because there are mismatches between the timing of payments and the availability of cash. All definitions of cash management emphasize the time value of government money. This note elaborates good cash management practices in developed countries, and the main features of the framework for short-term cash planning. Challenges for improving cash management in low- and middle-income countries are also discussed.

Keywords: TNM; cash manager; debt management; cash plan; cash balance; cash management unit; government cash management; cash planning; reforms; cash projection skill; cash surplus; cash profile; cash projection module; cash projection; cash needs; cash management practice; cash inflow; Currencies; Fiscal accounting and reporting; Commercial banks; Treasury Single Account (search for similar items in EconPapers)
Pages: 23
Date: 2009-10-05
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Citations: View citations in EconPapers (7)

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