Investor Presentaiton

Institutional Arrangements Creation of procedures manual Provides a guide to the operations of the DMU National Debt Coordinating Committee (NDCC) formed to help the Government rationalise its funding requirements. Public sector borrowing practices were strengthened The legal and institutional framework places the authority to manage debt with the Minister of Finance (FAA 2006) □ The DMU and NDCC ensure that an effective and efficient debt management system is maintained and all borrowing is consistent with the Government's payment capacity □ Restructuring Programme in 2010 ■supported by the IMF to place the debt on a downward trend over the medium term by eliminating arrears and normalising relations with creditors. Adoption of Government Guarantee Policy

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