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Feasibility and Rationale for Establishing a Debt Management Office in Zimbabwe

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dc.contributor.author Makochekanwa, Albert
dc.contributor.author Chigumira, Gibson
dc.contributor.author Nyamadzawo, Jecob
dc.date.accessioned 2016-08-30T12:40:25Z
dc.date.available 2016-08-30T12:40:25Z
dc.date.issued 2010-02
dc.identifier.citation Makochekanwa, A., Chigumira, G.,Nyamadzawo, J. (2010). Feasibility and Rationale for Establishing a Debt Management Office in Zimbabwe (ZEPARU Discussion Paper 02/10) en_US
dc.identifier.uri http://hdl.handle.net/10646/2746
dc.description.abstract This study looks at the feasibility and rationale of establishing a Debt Management Office (DMO) in Zimbabwe. This follows calls for the setting up of such an office by the Ministry of Finance as part of broad reforms to improve the conduct of debt management in the country. The study acknowledges that the current debt management practices in the country have a number of loopholes that may have contributed to the accumulation of the current high and unsustainable external debt, which remains a millstone around the country’s neck. The study notes that in line with recent trends in debt management, the country could improve its debt management practices through the setting up of a dedicated DMO. The study explored international best practices in debt management, structures and the ideal location of DMOs and recommend that the DMO be initially located within the Ministry of Finance during the initial years, in view of the financial and regulatory considerations, which require amendments to the current laws on debt management as well as enactment of the requisite legislation to create a statutory DMO in the medium-to-long term. en_US
dc.language.iso en_ZW en_US
dc.publisher Zimbabwe Economic Policy Analysis and Research Unit (ZEPARU) en_US
dc.subject debt management en_US
dc.subject external debt en_US
dc.subject debt management office en_US
dc.title Feasibility and Rationale for Establishing a Debt Management Office in Zimbabwe en_US
dc.type Other en_US


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