Image for Public Debt Management Agency

Public Debt Management Agency

A Public Debt Management Agency is a government entity responsible for overseeing and managing the country’s debt to ensure it is sustainable and efficient. It plans how the government raises funds through borrowing, manages existing debt obligations, and aims to minimize the cost of borrowing while reducing financial risks. By carefully issuing bonds and loans, it helps finance public projects and services, maintaining economic stability and public confidence. Essentially, it acts as the government’s financial steward, balancing the need for funding with sound debt practices to support long-term economic health.