Public Debt Department Carries out the following assignments: 1. Manage internal public debt affairs (facilities, guarantees and loans). 2. Manage external public debt affairs, and issue state’s guarantees muniments for public bodies against their external contracts. 3. Manage public debt funds (movable and immovable), including inheritance funds that have no inheritor, and follow-up their collections of profits, returns and interests. 4. Follow-up state’s contribution in Arab and international institutions, companies and banks, and follow-up transferring the country’s share of those bodies profits and returns. 5. Follow-up transferring sums referring to Public Debt Fund pursuant to the provisions of article (129) of Basic Law for State’s Workers No. 1 of 1985 and the regulations and instructions issued about them. 6. Define and check compensations to be expended pursuant to the provisions of paragraph (B) of article (129), as well as, regulations and instructions issued about them. 7. Prepare and issue public instruments and treasury’s instruments in coverage pursuant to the provisions of Basic Monetary System. Also follow-up subscription for them, their renewal and extinguishment. 8. Collect economic surpluses (Budget surplus and liquidity surplus), and follow-up collecting Public Debt Fund’s revenues. 9. Loan public and mixed sectors’ institutions and companies, to which laws state granting loans from Public Debt Fund. 10. Finance bodies in charge of implementing investment projects pursuant to the credits specialized to them in State’s Public Budget. 11. Keep public debt’s accounts, follow-up relations with debtors and creditors, and carry out periodical identifications to them. 12. Carry out analysis and studies, and prepare monthly and annual reports about public debt’s statuses. 13. Represent the Ministry in external loans negotiations and in preparing drafts of their pacts. 14. Give opinion about -and handle- all projects, regulations and instructions relating to internal/external public debt. 15. In general, handle all cases relating to internal/external public debt, investment projects’ finance and economic surpluses’ transference. Public Debt Department consists of: 1. Internal Public Debt Section, which contains the following subsections:
A. Treasury’s instruments Subsection. B. Saving Subsection. C. Public Debt Fund Real Estates and its Private Revenues Subsection. 2. External Loans Section, contains the following subsections: A. Arab Loans Subsection. B. International Banks’ Loans and European Investment Subsection. C. Foreign Countries, and Banks’ Loans Subsection.
3. External Loans Guarantees Section, contains the following subsections: A. First Contracts Subsection. B. Second Contracts Subsection. C. Third Contracts Subsection. 4. Arab and International Contributions Section, contains the following subsections: A. State’s Contributions in Arab and International Institutions and Companies Subsection. B. Compensations of State’s Representatives in the mixed institutions and companies Subsection.
5. Collecting Economic Surpluses Section, contains the following subsections: A. First Collecting Subsection. B. Second Collecting Subsection C. Third collecting Subsection 6. Investment Finance Section, contains the following subsections: A. Credits and Statistics Subsection. B. Final finance Subsection. C. Investment Loans Subsection. 7. Fund’s Accounting Section, contains the following subsections: A. Accounts Subsection. B. Cards and Accounts’ Study Subsection. C. Auditing and Statistics Subsection. 8. Administrative Affairs Subsection.
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