Revised Laws of Saint Lucia (2023)

19.   Functions of the Committee

The functions of the Committee are —

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    (a)     to consider proposals for new and existing Government debt;

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    (b)     to review the Strategy and Borrowing Plan;

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    (c)     to provide guidance on the terms and conditions of project-related financing to ensure consistency with the Strategy;

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    (d)     to review the composition of the Government debt portfolio and portfolio performance, including performance of key risk indicators, strategic benchmarks and exogenous risk factors;

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    (e)     to identify the circumstances under which the Strategy must be reviewed including significant movements in markets or Government finances outside specified ranges;

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    (f)     to review documents for publication including the Strategy, Borrowing Plan and any other reports to Parliament;

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    (g)     to carry out other functions incidental to the proper discharge of the functions under paragraphs (a) to (f).