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Cap. 575 · Government Borrowing (Cap. 575)

Cap. 575 Art. 68Public Debt Management Advisory Committee. 20 [CAP.

En vigueurTexte officiel

(1) There shall be established a Committee, appointed by the Minister, to be known as the Public Debt

Management Advisory Committee (in this Act referred to as "the Committee"), to assist and advise the Minister on matters relating to the management of public debt, the borrowing of money for the central Government and any other such matters as are referred to it AND MANAGEMENT OF PUBLIC DEBT 575.

for that purpose by the Accountant General.

(2) The functions of the Committee in relation to the management of the public debt shall be to:

(a) advise the Minister on policy issues regarding debt management strategic options and risk management framework;

(b) monitor the implementation of the annual debt management strategy and borrowing plan approved by the Government for the current financial year;

(c) advise on an indicative issuance programme for government securities; and

(d) provide overall guidance to the Government borrowing programme.

Part VII

Cessation of liability and Prescription