ISLAMABAD: The World Bank will assist the Ministry of Finance in formulating and implementing a debt management strategy, which will contribute to fiscal sustainability while minimising funding costs and keeping the debt exposure under control, Dawn learned on Wednesday.
To help the ministry build capacity in the entities responsible for different debt management functions, the World Bank is expected to approve the grant for the project next month.
The grant is designed to improve debt management practices by assisting the authorities in strengthening two key functions relating to the formulation of a debt management strategy and risk management in the Debt Policy Coordination Office (DPCO) besides helping the ministry raise funds in exter…
Read the full article at: http://www.dawn.com/news/1303706/wb-to-help-govt-improve-debt-management