Sri Lanka to set up Public Debt Management Bureau under Finance Ministry

Finance-ministry

Oct 17, 2019 (LBO) – Sri Lanka’s cabinet nod has been received to establish a Public Debt Management Bureau under the Finance Ministry with the aim of entrusting the public debt management to a single entity.

Accordingly, a five-member Public Debt Management Committee chaired by the Secretary to the Treasury will be appointed to draft a Public Debt Management Act and to develop the necessary institutional framework for the proposed Bureau.