
Government Debt Management
Government debt management refers to how a government handles its borrowing and repayment of debt. When a government spends more than it collects in revenue, it borrows money, often by issuing bonds. Effective debt management involves deciding how much to borrow, when to borrow, the types of debt to issue, and how to manage repayment schedules to minimize costs and risks. Proper management ensures that the government can meet its financial obligations without jeopardizing its economic stability, while also ensuring that the debt remains sustainable over the long term.