Poorly structured debt portfolios and debt crises have highlighted the importance of sound risk management practices and the need for competent public finance and external debt management in many countries throughout history. As essential components of the financial system; banks, securities markets, pension and mutual funds, insurers, central banks, treasuries as well as regulatory and supervisory authorities have a huge influence on the system. Due to increasing connectivity among financial institutions, resilient financial systems that are well-regulated and well-supervised are essential for both domestic and international financial stability. In this sense, financial cooperation among relevant sides plays a crucial role in removing the barriers on capital mobility, increasing financial literacy, managing financial risks, supervising financial institutions, broadening and deepening financial markets.
As part of efforts towards enhancing institutional and human capacity of the treasuries of OIC Member Countries, the Treasury Capacity Building Programme (Treasury-CaB) has been recently developed by SESRIC. Within this framework, the Centre is organising short-term training programmes regarding needs and capacities of the treasuries in member countries of the Organisation of the Islamic Cooperation (OIC).