The Director of the Debt Management Division at the Ministry of Finance and Economic Planning is a senior-level position responsible for managing a country’s public debt and financial liabilities. This role plays a crucial part in the nation’s fiscal stability and economic growth.
Key Responsibilities:
- Debt Strategy and Policy Formulation:
- Develops and implements national debt management strategies to ensure sustainable borrowing.
- Advises the government on debt policies, including decisions about domestic and foreign borrowing.
- Debt Issuance and Management:
- Oversees the issuance of government bonds, treasury bills, and other debt instruments.
- Manages existing public debt, ensuring timely repayments and minimizing interest costs.
- Risk Analysis and Financial Planning:
- Conducts risk assessments to monitor and mitigate financial risks related to the national debt portfolio.
- Collaborates with international financial institutions (e.g., IMF, World Bank) for debt planning and restructuring.
- Stakeholder Coordination:
- Engages with investors, credit rating agencies, and multilateral organizations to maintain the country’s creditworthiness.
- Works closely with other government departments, central banks, and policymakers for coordinated fiscal planning.