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Dar directs authority to synchronise public debt management

byCustoms Today Report
10/08/2015
in Business
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ISLAMABAD: Finance Minister Ishaq Dar has directed the Finance Division Director General (Debt) to synchronise the public debt management.

The minister, while presiding over a high-level meeting, briefed the official about the steps taken for the management of retail and wholesale debt. Dar asked for data projections related to external debt and directed that EAD might share the said data with the Debt Office on regular basis.

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During the meeting, it was agreed that there was a need to have an optimal composition between domestic and external debt portfolios for cost effectiveness.

The Finance Minister appreciated all the efforts for effective debt management and provided guidelines with regard to market issues and in house improvement.

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