2018/19 Budget Communication 2018_2019 BUDGET COMMUNICATION | Page 38

Debt Management Legislation
As well, we are proceeding with the preparation of
new Debt Management legislation that is also targeted for
tabling in the period ahead.
To that end, the Central Bank has approached the
Commonwealth Secretariat to provide technical assistance
for drafting appropriate legislation to modernize our public
debt management infrastructure. Work to date suggests the
establishment of a new framework, consistent with
international best practices, that is designed to support a
properly functioning debt management regime.
That
framework would include, for further consideration and
possible implementation:
Ø the establishm ent of a Public Debt Management Unit
responsible for debt management activities;
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