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The Public Debt Office, dependence of the Ministry of Finance, was created on January 20th, 2006 through the approval of Law No. 6-06 on Public Credit. As the governing body of the Public Credit System, it is responsible for the management of public financing and for ensuring the timely repayment of the public debt service.

Main Functions

Design and implement the Medium-Term Debt Management Strategy, which outlines the guidelines of the Government's financing policy for each fiscal period.

Be the sole recipient of financing offers, evaluate them and recommend rejection or approval.

Carry out the process of negotiation, contracting and/or debt issuance for Central Government financing.

Register and administrate all public credit operations carried out within the scope of the Non-Financial Public Sector.

Ensure the timely repayment of public debt service, through the issuance of payment orders.

Maintain up-to-date NFPS debt statistics, including projections of the public debt service.

Organize and administrate an information system on the external and domestic credit markets that serves as support and guidance in the debt contracting and issuance process.

Manage requests of Central Government guarantees by the organizations that make up the Non-Financial Public Sector, within the framework of the authorizations granted by the National Congress.

Dictate the rules that regulate the procedures of negotiation, contracting, issuance, disbursement, placement and service of loans and government bonds, conducted by the institutions of the non-financial public sector.


Mission

Guarantee an efficient and transparent public debt management, to cover the Government´s financing needs, under the most favorable cost conditions and given a prudent level of risk, contributing to a sustained economic development and the well-being of the Dominican society.


Vision

To be an institution recognized for its proactive, effective and transparent management of public debt, committed to excellence and that provides reliable and timely information, aligned with international best practices.


Values

Excellence

Integrity

Eficiency

Commitment

Responsability

Transparency



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