Section 6, The Public Debt Management Act, 2011.

(1) A medium term public debt management strategy shallbe formulated annually on a rolling basis by the Minister and approved by Cabinet. (2) The public debt management strategy shall be based on the objectives stated in section 5 and shall take into account- (a) the macroeconomic framework; (b) future borrowing requirements of Government; (c) market conditions; and (d) such other factors as may be relevant for the development of the strategy. (3) The public debt management strategy shall include proposed guidelines or specified targets for acceptable risks in the debt portfolio, as well as planned measures to promote development of the domestic debt market. (4) On the approval of the public debt management strategy, all Government borrowings and other debt management activities shall be undertaken in compliance with the strategy. Moneys borrowed to be paid into Consolidated Fund. Objectives of debt management. Debt management strategy. PART IV–PROCEDURES FOR BORROWING AND OTHER DEBT MANAGEMENT OPERATIONS