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Improving Public Debt Management

In the OIC Member Countries

18

Staff members of the debt management entity should be appropriately trained and bound to

good governance guidelines. It is advisable that there exist separate units responsible for (1)

negotiating loans and entering contract data in the debt management system, (2) confirming

contract details and finalization of records and (3) initiating and processing payments.

Business continuity and disaster recovery plans, operational risk management and an

operational recovery site should exist.