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Revised guidelines for public debt management (Inglês)

The International Monetary Fund (IMF)-World Bank guidelines for public debt management (the guidelines), adopted in 2001 and amended in 2003, are a set of voluntary principles to assist debt managers in improving their debt management practices and reducing financial vulnerability. They were formulated with the intention of helping authorities articulate appropriate objectives and principles, as well as build adequate institutional and operational foundations for sound debt management practices. Such practices were recognized to be an important complement to prudent macroeconomic policies and sound financial sectors, which are critical for building countries' resilience to shocks and preventing financial crises. The guidelines have been widely used by the IMF and the World Bank for advisory purposes. They have served as a basis for providing advice on public debt management in IMF and World Bank technical assistance (TA) work, training and workshops, and outreach activities. TA missions have used the guidelines to help authorities identify gaps in their debt management practices and operations. They have often been recommended to public debt managers to establish formal debt management strategies. Thus, the revised guidelines provide an update of the 2001 guidelines and the 2003 amendments, incorporating the experience and advice on debt management issues that have accumulated during the past decade.


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    Revised guidelines for public debt management

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