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The technical assistance programs are aimed at supplying analysis and integrated technical support in given areas. These programs are generally financed in part with extra-budgetary resources, and are ministered in cooperation with specialized organizations and experts.

Initiatives are currently underway in the areas of payment systems, credit reporting and external debt management (the latter for low income countries), and also for measurement of international remittance flows and the degree of compliance by countries with the General Principles for International Remitance Services.

In addition, during 2012 a new Program for Strengthening Public Debt Management Capacities will be implemented with the support of the Swiss Government’s State Secretariat for Economic Affairs (SECO).


In November 2016, the Bank of Spain and the Center for Latin American Monetary Studies (CEMLA) signed out, as part of their (non-binding) International Cooperation Agreement, the Technical Assistance Program for the Strengthening of the Accounting Regulatory Framework with the objective of providing technical assistance (recommendations, guidance, temporary support) on aspects related to the development, improvement or reform of the accounting regulatory framework for central banks or financial systems.

The Program is part of the activities that both institutions carry out for several years to promote the knowledge, discussion and adoption of best practices and international standards for bank accounting and financial reporting, key areas to promote financial stability of the region in accordance with global organizations such as the Financial Stability Board (FSB).

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Remittances Programs

Las remesas internacionales han suscitando un creciente interés en los países Latinoamericanos y del Caribe, no sólo por sus altos volúmenes y la importancia que estos flujos tienen en las economías locales, sino también por los potenciales efectos que podrían tener tanto en el sistema financiero y cambiario como sobre el crecimiento y desarrollo  económicos.

El tema de las remesas involucra una serie de aspectos que permiten su análisis desde ópticas diferentes aunque siempre relacionadas. Por ello, el CEMLA, consciente del carácter polifacético del tema, creó el “Programa de Remesas” como medio para aglutinar en un solo espacio los diferentes aspectos sobre las remesas. Dicho programa consta de dos vertientes: "Programa de Mejora de la Información y Procedimientos de los Bancos Centrales en el Área de Remesas" y el "Programa de Aplicación de los Principios Generales para los Mercados de Remesas de Latinoamérica y el Caribe".

Los productos de los programas y otras informaciones de interés en el área de remesas se encuentran disponibles en el sitio web:

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Western Hemisphere Credit & Loan Reporting Initiative (WHCRI)

The Center for Latin American Monetary Studies (CEMLA), with the support of the World Bank, launched the Western Hemisphere Credit & Loan Reporting Initiative (WHCRI) in 2004. The Initiative’s objective is to describe and assess credit and loan reporting systems in Latin America and the Caribbean countries and develop improvement strategies and action plans using a standard methodology. The WHCRI will also define policies and actions for sub-regional integration of credit and loan reporting systems in the region.


During the last ten years CEMLA has actively work on issues related to the management and analysis of public debt, achieving a reputation and international recognition through the successful implementation of inter-regional programs.

The most important experience was the Capacity Building Program Analysis and Debt Strategy HIPC (PFC-AED). Program created by Debt Relief International (DRI) and funded by the governments of Austria, Denmark, Sweden, Switzerland and the UK, in order to cooperate with countries interested in improving their debt management and especially Heavily Indebted Poor Countries (HIPC), implemented in Latin America and the Caribbean by CEMLA in partnership with DRI. Five countries in the region benefited from this program directly: Bolivia, Guyana, Haiti, Honduras and Nicaragua. Indirectly, through regional workshops, the program reached about 18 countries.

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