8bn, according to the latest available figures on the website of the Public Debt Management Office
Since April-June (Q1) 2010-11, Public Debt Management Office
(PDMC) (earlier Middle Office), Budget Division, Department of Economic Affairs, Ministry of Finance, is bringing-out a Quarterly Report on Public Debt Management on regular basis.
127 mln at the end of the first quarter of the current year, according to a quarterly bulleting issued by the Public Debt Management Office
(PDMO) on Friday.
Directors encouraged the authorities to put in place a comprehensive fiscal financing and debt management strategy to mitigate risks, and welcomed recent steps to establish a public debt management office
Abdulazi Al-Mulla, chief of the ministry's Public Debt Management Office
, added in a press release on Wednesday that the draft bill on borrowing is part of a series of legislations issued in 1987 allowing the government to borrow for financing the deficit in the budget.
Cyprus tested the markets successfully once again on Tuesday as it issued a 7-year EMTN bond amounting to 850 million euros, according to Public Debt Management Office
at the Ministry of Finance.
This action follows the previous announcement from the Ministry of Finance dated 9-1-1438, corresponding to 10-10-2016, concerning the implementation of the initiative to establish the Public Debt Management Office
(DMO) at the Ministry of Finance and the decision to gradually register, list and trade government debt instruments.
Delivering the keynote address at a Ministry of Finance hosted public debt management conference, Al Tayer said in line with the Council of Ministers directives, the Ministry of Finance began establishing a public debt management office
to develop debt management strategies.
It is hopefully very soon," Sultan, an officer in charge of establishing the federal public debt management office
, later told Reuters.
In his keynote address, the state minister said in line with the cabinet's directives, Ministry of Finance began the establishment of a public debt management office
for developing debt management strategies and studying all potential risks.
After borrowing the THB70m loan, the country's public debt would rise from 36 percent to 42 percent of the gross domestic product (GDP) this year, said Chakkrit Parapuntakul, deputy director-general of the Public Debt Management Office
According to the Public Debt Management Office
, the government is facing a total of A@1/4903m in debt maturities this year, which include two instalments of A@1/4312.