Debt Management- Financial Instrument For Debts
Debt management is to be achieving, including the ability to finance the government’s financing requirement. The need to integrate debt and cash management, emphasized an included approach to management of government liabilities and liquid assets and identified some of the basics that need to be addressed in moving from a cash rationing system toward active cash management. The importance of consolidated government banking preparations, healthy cash forecasting capacity, sound institutional arrangements, and availability of suitable financial instruments to actively manage the government’s financial needs were discussed. The increasing tendency for traditional debt manager to assume the role of government financial resource manager was also discussed.
