The future of public money: investing in public value

Giedrė Balčytytė

Member

Seimas, Lithuania

Giedrė Balčytytė is a member of the Seimas of the Republic of Lithuania. She is also a member of the Committee on Legal Affairs and the Committee for the Future. She previously served as chancellor of the Lithuanian government where she oversaw legislative and operational government programme delivery, inter-institutional coordination and the government’s strategic priorities implementation.

Andresa Lagerborg

Economist

International Monetary Fund

Andresa Lagerborg is an economist in world economic studies at the International Monetary Fund. She was previously in the fiscal affairs department, where she worked on the semi-annual Fiscal Monitor, produced analysis on fiscal rules and was fiscal economist for Georgia, Honduras and Argentina. She has also worked in the African department.

Mark MacDonald

Global Public Finance Management Leader

EY

Mark is an advocate for the pursuit of a new vision of government fiscal policy, focused on a framework of public value that extends traditional components of public financial management.  Through his day job as EY’s Global Leader, Public Money, he works with public and private sector leaders who similarly advocate that the future of public money must be different than its past.  This exists at the convergence of fiscal requirement, technology advancement, market capability, and a sense that political economy is seeking new permission for lasting change.

Mark is a member of OMFIF’s Advisory Council and has worked on a series of research and advocacy pieces over the past several years, including work focused on application of innovative technology to public budgeting, continued pursuit of sustainable finance and the role of sovereign wealth and public equity, and our current focus on the Future of Public Money.  Mark is the global sponsor and leader of EY’s blockchain-enabled solutions developed to enhance delivery of public value, with particularly powerful application in the development sphere working with global entities including the United Nations, the IMF, and the World Bank.  He holds a Ph.D. in Public Policy, has 25 years professional experience advising public sector leaders, and maintains a positive belief that the pursuit of public value through markets and public institutions is a noble one.”

Nikhil Sanghani

Managing Director, Economic and Monetary Policy Institute

OMFIF

Nikhil is Managing Director, Economic and Monetary Policy Institute at OMFIF. He is responsible for the team’s events that convene leading public sector officials on topics such as monetary policy, emerging market development, global public investment, public finances, capital market development and sustainable finance. Nikhil also leads OMFIF’s economic research and content, including global surveys of central banks, regulators and market participants. Previously, he was an emerging markets economist at Capital Economics, where he led the coverage of Latin America.

Oscar Valencia

Principal Specialist, Fiscal Management

Inter-American Development Bank

Oscar Valencia is principal specialist, fiscal management at the Inter-American Development Bank. He is also head of the Fiscal Sustainability for Latin America and the Caribbean platform. Prior to joining the IDB, he was general director of macroeconomic policy at the Colombian Ministry of Finance. He has also served as technical secretary of the Independent Committee for Fiscal Rule in Colombia.