2025 Public Sector Perspectives

4 Welcome Julie Monaco 6 Creating a NewCatalytic Asset Class Stephanie von Friedeburg, Chris Tynan and Amanda Helfrich 14 FinancingWomen in Emerging Markets: Citi’s Gender Focused Investing Strategy Jorge Rubio Nava and Kyla Gineitis 18 Climate Finance: What Financial Tools are Available to Sovereigns? Jorge Ordonez 22 The Changing Role of Gold in Central Bank Reserve Management Michael Paulus, Alberto Torres, Sunil Kaushik, Natalie Tsui and Tobias Cheung 30 Cyber Winter: Are Central Bankers Ready? Jay Collins 40 Cracking the Local Currency Code: How Innovation Can Drive a Breakthrough in Development Finance John Finnigan, Dustin Ling and Michaela Carroll 46 Tax Revenue Mobilization, Public Finance Management and Global Best Practices Peter Sullivan and Maria Choubedar 52 The Digital Economy and the Key Role of Government Support Montserrat Garrido, Liza Niño and Driss Temsamani 58 Going Global: Best Practices for State-Owned Enterprises Rohit Jamwal and Karim Soubra