Treasury unifies government debt management in a single agency

Treasury centralizes public debt management in new unified management, seeking more efficient strategy to manage government debt.

Published on

11/10/2024
News

The Costa Rican Ministry of Finance has unified the administration of public debt under a single unit: the General Directorate of Public Debt Management (Dirección General de Gestión de Deuda Pública). This new directorate will centralize the management of the Central Government's internal and external indebtedness. The reform seeks a single, more efficient strategy for the medium and long term. Despite the unification, debt issuances will continue to require the approval of the Legislative Assembly. Ariel Barrantes Soto was appointed as the new director of the agency.

Public Debt Management Reform

Structural Changes

  • New General Management
  • Unification of internal/external debt
  • Designation Ariel Barrantes

Operational Framework

  • Medium/long-term strategy
  • Legislative oversight
  • Administrative centralization

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