Government debt gears up for change

Skilful management of government debt can have huge implications for government finances - managing to cut even a few basis points of interest on debts that run into tens or hundreds of billions of dollars can generate savings that make any finance minister pay attention. Equally importantly, a government debt strategy that is well thought out can reduce the risk of financial crises and also have an important role in the development of domestic financial markets.

Unsung heroes

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