BRIEF ON THE PLATEAU STATE DEBT MANAGEMENT DEPARTMENT.

Following Nigeria’s exit from the Parish and London Club debt obligations, the Debt Management Office (DMO) developed the External Borrowing Guidelines (2008-2012), as well as the Subnational Borrowing Guidelines to guide the Federal and State Governments, as well as their Agencies towards external and domestic borrowings with a view to avoiding a relapse into debt unsustainability.

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More Functions

More Functions

Advise the State Government on the re-structuring and re- financing of all debt obligations. Submit to the State Government for consideration in the annual budget a forecast of borrowing capacity in both local and foreign currencies. Advise the DMAC on

Functions of DMO

Functions of DMO

Maintain a reliable database of all loans or guaranteed by the State Government or any of its Agencies. Prepare and submit to State Government a forecast of loan service obligations for each financial year. Prepare and implement a plan for