Debt Management Unit

Government of the Punjab established a Debt Management Unit in Finance Department during FY 2015-16 for developing and implementing a comprehensive plan for management of sub-national debt. This entails raising the required amount of borrowing at low cost, diversify the sources of borrowing and maintain a maturity profile that avoids excessive repayments in any one year.

Functions

Enlisted below are the functions performed by the unit:

  • Preparation and execution of debt management strategy.
  • Developing an automated database of debt and guarantees.
  • Developing and implementing the policies and procedures necessary for sound administration of debt.
  • Assisting the Government in developing and implementing a legislative framework for effective debt management.