Debt Management Office: Relevance and Concern
-Dr. Nikhil Sakets,Senior Asst. Secretary, ICAI, New Delhi
World over, debt management is distinct from monetary management. The establishment of a Debt Management Office (DMO) in the Government has been advocated for quite some time The DMO’s mandate will be to manage debt of the country. It will be an independent agency that will help the government manage borrowings efficiently.
Debt Management Office: Relevance and Concern