Dar discusses measures for improving public debt management

ISLAMABAD: Finance Minister, Senator Mohammad Ishaq Dar here on Sunday chaired a meeting to discuss measures for improving public debt management.

Director General (Debt), Finance Division, briefed the Finance Minister about the steps taken for synchronization of retail and wholesale debt, said a statement issued here.

The Minister asked for data projections related to external debt and directed that Economic Affairs Division (EAD) might share the said data with the Debt Office on regular basis.

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

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

Source: APP