{"id":1054,"date":"2024-10-11T13:53:00","date_gmt":"2024-10-11T13:53:00","guid":{"rendered":"https:\/\/ics.cr\/?p=1054"},"modified":"2025-01-23T02:09:06","modified_gmt":"2025-01-23T02:09:06","slug":"treasury-unifies-government-debt-management-into-a-single-unit","status":"publish","type":"post","link":"https:\/\/ics.cr\/en\/hacienda-unifica-administracion-de-la-deuda-del-gobierno-en-una-sola-dependencia\/","title":{"rendered":"Treasury unifies government debt management in a single agency"},"content":{"rendered":"<p><em>The Costa Rican Ministry of Finance has unified the administration of public debt under a single unit: the General Directorate of Public Debt Management (Direcci\u00f3n General de Gesti\u00f3n de Deuda P\u00fablica). 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.<\/em><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Public Debt Management Reform<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">Structural Changes<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>New General Management<\/li>\n\n\n\n<li>Unification of internal\/external debt<\/li>\n\n\n\n<li>Designation Ariel Barrantes<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Operational Framework<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Medium\/long-term strategy<\/li>\n\n\n\n<li>Legislative oversight<\/li>\n\n\n\n<li>Administrative centralization<\/li>\n<\/ul>\n<style>\r\n.lwrp.link-whisper-related-posts{\r\n            \r\n            margin-top: 40px;\nmargin-bottom: 30px;\r\n        }\r\n        .lwrp .lwrp-title{\r\n            \r\n            \r\n        }.lwrp .lwrp-description{\r\n            \r\n            \r\n\r\n        }\r\n        .lwrp .lwrp-list-container{\r\n        }\r\n        .lwrp 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.lwrp-list-no-posts-message{\r\n            \r\n            \r\n            \r\n            \r\n        }@media screen and (max-width: 480px) {\r\n            .lwrp.link-whisper-related-posts{\r\n                \r\n                \r\n            }\r\n            .lwrp .lwrp-title{\r\n                \r\n                \r\n            }.lwrp .lwrp-description{\r\n                \r\n                \r\n            }\r\n            .lwrp .lwrp-list-multi-container{\r\n                flex-direction: column;\r\n            }\r\n            .lwrp .lwrp-list-multi-container ul.lwrp-list{\r\n                margin-top: 0px;\r\n                margin-bottom: 0px;\r\n                padding-top: 0px;\r\n                padding-bottom: 0px;\r\n            }\r\n            .lwrp .lwrp-list-double,\r\n            .lwrp .lwrp-list-triple{\r\n                width: 100%;\r\n            }\r\n            .lwrp .lwrp-list-row-container{\r\n                justify-content: initial;\r\n               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href=\"https:\/\/ics.cr\/en\/modification-of-the-deadline-for-the-ordinary-filing-of-the-transparency-and-beneficial-ownership-register\/\" class=\"lwrp-list-link\"><span class=\"lwrp-list-link-title-text\">Modification of the deadline for the ordinary filing of the Transparency and Beneficial Ownership Register<\/span><\/a><\/li><li class=\"lwrp-list-item\"><a href=\"https:\/\/ics.cr\/en\/comptrollers-office-evaluates-transfer-of-bccr-resources-to-ministry-of-finance\/\" class=\"lwrp-list-link\"><span class=\"lwrp-list-link-title-text\">Comptroller's Office Evaluates Transfer of Resources from BCCR to the Ministry of Finance<\/span><\/a><\/li><li class=\"lwrp-list-item\"><a href=\"https:\/\/ics.cr\/en\/employment-rate-low-in-2023-according-to-inec-data\/\" class=\"lwrp-list-link\"><span class=\"lwrp-list-link-title-text\">INEC data show that the employment rate will fall in 2023<\/span><\/a><\/li><li class=\"lwrp-list-item\"><a 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href=\"https:\/\/ics.cr\/en\/law-extending-declaration-of-inactive-companies-approved\/\" class=\"lwrp-list-link\"><span class=\"lwrp-list-link-title-text\">Law extending declaration of inactive companies approved<\/span><\/a><\/li><li class=\"lwrp-list-item\"><a href=\"https:\/\/ics.cr\/en\/ministry-of-finance-technology-platforms-will-be-under-maintenance-this-wednesday-and-thursday\/\" class=\"lwrp-list-link\"><span class=\"lwrp-list-link-title-text\">Ministry of Finance's technological platforms will be under maintenance this Wednesday and Thursday<\/span><\/a><\/li>                    <\/ul>\r\n                <\/div>\r\n                        <\/div>\r\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Treasury centralizes public debt management in new unified management, seeking more efficient strategy to manage government debt.<\/p>","protected":false},"author":2,"featured_media":760,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[11],"tags":[],"class_list":["post-1054","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-noticias"],"acf":[],"_links":{"self":[{"href":"https:\/\/ics.cr\/en\/wp-json\/wp\/v2\/posts\/1054","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ics.cr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ics.cr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ics.cr\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ics.cr\/en\/wp-json\/wp\/v2\/comments?post=1054"}],"version-history":[{"count":2,"href":"https:\/\/ics.cr\/en\/wp-json\/wp\/v2\/posts\/1054\/revisions"}],"predecessor-version":[{"id":1057,"href":"https:\/\/ics.cr\/en\/wp-json\/wp\/v2\/posts\/1054\/revisions\/1057"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ics.cr\/en\/wp-json\/wp\/v2\/media\/760"}],"wp:attachment":[{"href":"https:\/\/ics.cr\/en\/wp-json\/wp\/v2\/media?parent=1054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ics.cr\/en\/wp-json\/wp\/v2\/categories?post=1054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ics.cr\/en\/wp-json\/wp\/v2\/tags?post=1054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}