Libreville, Friday October 20, 2023 (Infos Gabon) – The distinguished economist was appointed Director General of Debt following a Council of Ministers chaired yesterday by the President of the Republic, Brice Clotaire Oligui Nguema.
He is one of those promoted at the end of the Council of Ministers chaired yesterday at the Seaside Palace in Libreville by the Head of State, Brice Clotaire Oligui Nguema. Well known in the political world as a major figure in the Gabonese opposition, this senior executive of the National Union (UN) was appointed to the post of Director General of Public Debt. Jean Gaspard Ntoutoume Ayi, who replaces Clotaire Obame Nze in this position, is an experienced economist. His stay in this high responsibility will not be easy, especially since his missions are each important.
Public debt management: The Director General of Debt is responsible for the overall management of public debt, including the planning, issuance, monitoring and repayment of loans and bonds.
Negotiation and issuance of debt: It supervises negotiations to obtain loans from national or international organizations, issues government bonds on financial markets and manages calls for tenders.
Financial analysis : He performs financial analyzes to determine the viability of borrowing, assesses associated risks and recommends debt management strategies.
Financial market monitoring: It monitors financial market trends and conditions, assesses the potential impact on existing debt and advises on borrowing opportunities.
Management of contracts and agreements: He manages contracts with creditors, negotiates loan terms, draws up loan agreements and monitors compliance with contractual obligations.
Relations with creditors: It maintains relationships with financial institutions, international creditors and other stakeholders to secure favorable lending terms and foster investor confidence.
Preparation of reports: It prepares financial reports and debt analyzes for government authorities, investors and other stakeholders, ensuring transparency and financial accountability.
Risk management : It identifies, assesses and manages debt risks, such as interest rates, currency fluctuations and other factors that could affect debt repayment capacity.
Legal and regulatory compliance: It ensures that all debt-related activities comply with applicable financial laws and regulations, both domestically and internationally.
FIN/INFOSGABON/SM/2023
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