Debt Management. Development of an improved legal, policy and institutional framework for sustainable debt management through, inter alia: (i) the development of a policy on the criteria and limits regarding the Recipient’s public debts and guarantees; (ii) the adoption and implementation of a plan to reduce the stock of domestic debt and expenditure arrears; (iii) the strengthening of MOFED’s debt database; (iv) the drafting of revisions to relevant legal instruments governing debt management; (v) the establishment of a system for regular analysis of the fiscal position and risks arising from state-owned enterprises; and (vi) the setting-up of mechanisms for cross-government coordination on debt management policy and analysis.
Appears in 3 contracts
Sources: Grant Agreement, Grant Agreement, Financing Agreement