ZIMBABWE PUBLIC DEBT MANAGEMENT OFFICE
To ensure that government’s financing needs and its payment obligations are met at the lowest possible cost in the medium to long term, with a prudent level of risk, and to promote the development of domestic debt markets
Departments Under The Directorate
The Front Office (FO) is responsible for mobilisation of resources (both external and domestic), which include contracting loans, on-lending, issuing guarantees, treasury bills, bonds, other government securities and other operations related to debt contraction.
The Middle Office is responsible for all the analytical, reporting and risk management functions of debt management. It also monitors compliance of Public Debt Management Office and public entities’ performance on the chosen strategy and risk as well as cost limits.
The Back Office is responsible for recording all Government borrowings which include loans, guarantees and on-lending to local authorities and public entities as well as debt servicing.
Programs
Arrears Clearance
tasked with the systematic resolution and management of outstanding financial obligations. This crucial department focuses on addressing and clearing arrears
Debt Relief
dedicated to developing and implementing strategies for the reduction and management of the government’s financial liabilities.
Restructuring Strategy
specialized initiative within the Ministry, focused on developing and implementing comprehensive plans to manage and optimize the country’s financial liabilities.