542
- Will take over all relevant functions from Central Bank,Treasury
- Public Debt Management Act of 2024 in operation now
The newly established Public Debt Management Office (PDMO) will centralise the country’s debt management operations in a holistic manner, the Finance Ministry said.
The PDMO will take over all the relevant functions from the Central Bank of Sri Lanka, the External Resources Department and the Treasury Operations Department and will be fully operationalised by January 2026.
Key responsibilities of the PDMO include, management of the debt of the Government, issuance and management of loan guarantees, management of on-lending operations and recording and reporting of public debt. The Public Debt Management…