Cap. 575 ст. 16Minister to prepare medium-term debt management strategy.

(1) In every financial year, the Minister shall prepare a medium-term debt management strategy, which shall set forth the Government's strategic priorities, that guides the

Government's borrowing policies and debt management operations, and seeks to achieve the objectives established in article 7, by assessing the range of cost and risks to the debt portfolio.

(2) The medium-term debt management strategy shall be prepared annually with a minimum of a three year rolling basis for the government's debt management together with the description of any underlying assumptions. The strategy shall set out the Government's debt management plans for the forthcoming budget year and the two subsequent years.

(3) The medium-term debt management strategy shall be recommended by the Committee and approved by the Minister before being tabled to the House of Representatives.

(4) For every year, the medium-term debt management strategy shall be approved by the Minister not later than two weeks following the approval of the Government's medium term fiscal policy strategy.