2018/19 Budget Communication 2018_2019 BUDGET COMMUNICATION | Page 39

Ø the establishment of a Public Debt Management Advisory Committee to guide the Government’s borrowing policies and debt management operations; Ø the establishment of a public debt management strategy, in line with the Government’s fiscal policy and Budget framework, with which all borrowing and other debt management activities would need to comply; Ø the establishment of mandatory requirements for reporting to Parliament by the Minister of Finance, including on the performance of debt management relative to the strategy as well as on all guarantees issued by the Government; and Ø the provision for external audit requirements of all debt management activities. 36