Revised Laws of Saint Lucia (2023)

12.   Debt Management Objectives

The Minister shall cause the Unit to prepare debt management objectives to ensure that —

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    (a)     the financing needs of the Government are met on a timely basis;

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    (b)     the debt service obligations of the Government are met at the lowest possible cost over the medium to long term, in a manner that is consistent with an acceptable and prudent degree of risk;

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    (c)     Government debt management activities support the establishment of a well-developed domestic debt market in the medium to long term; and

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    (d)     Government debt is managed in a manner that is consistent with general principles of responsible fiscal management.