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Document No. 17
Institutional Framework for Public Sector Borrowing

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Table of Contents
Definition of Public Sector Debt
The Importance of Public Debt Management
Objectives of Public Debt Management
Debt Management Functions

- Resource Mobilization
- Debt and Risk Analyses
- Management Information Systems and Settlements

Institutional Framework
- The Need for a New Structure
- The Emerging Organizational Structure
- Coordination with Fiscal and Monetary Policies
- Legislative and Regulatory Framework
- Regulations
- Issues of Guarantees
- Management of Guarantees
- On-lending
6. Conclusion
Profile of the Author
  Copyright @ 2002 United Nations Institute for Training and Research (UNITAR). All Rights Reserved. These contributions do not necessarily reflect the views of UNITAR or any other body of the United Nations system, but strictly those of the respective authors. Material in this publication may be freely quoted or reprinted, but acknowledgement is requested, together with a reference to the document number.

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