Public Debt Management

Progress Status
Not Started
Campaign Promise
Reference in Manifesto
Detail Activities
  • The New Direction will introduce the practice of annual debt ceilings beyond which Government cannot borrow and link the borrowing ceiling to a clearly laid out medium term debt management strategy
  • Limit external financing of social services to grants
  • Access concessional loans with low interest rates and long grace periods
  • Direct loans to productive sector and infrastructural development with high economic returns
  • Reform the institutional and legal framework for accessing external and domestic debt for the central government, local governments, and parastatals.
Data Sources