The Ministry of Finance of Georgia updated the General Government Debt Management Strategy for 2024-2027. The strategy ensures the transparency of the General Government Debt Management policy and increases the awareness of investors, creditors, rating agencies and the public in this direction.
The document covers the following main strategic directions:
1. Maintaining the government debt to GDP ratio at the safe level;
2. Increasing GEL denominated debt share in the government debt portfolio;
3. Increasing the focus on the development oriented external loans;
4. Cost and risk optimization of the government total debt portfolio;
5. Treasury securities’ market development.
The debt management strategy determines the target indicators for each direction and establishes a plan for their achievement.
The draft of the document is published on the website of the Ministry of Finance.
The publication of the draft emphasizes the readiness of the Ministry to take into account the comments/observations of both the private sector and all other interested parties.
After a two-week public review, the document will be submitted to the government for approval and its final version will be published.