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of <h1>Finance Bill 2015 Proposes Public Debt Management Agency to Oversee Government Securities and Contingent Liabilities</h1> The Public Debt Management Agency, as proposed in the Finance Bill, 2015, is tasked with managing government securities, public debt, and contingent liabilities for the Central Government. Its functions include issuing securities, maintaining a register of holders, and advising on and managing contingent liabilities. The Agency is also responsible for cash management, including predicting cash requirements and advising on cash management strategies. It operates under the Central Government's supervision, which can issue directives to the Agency. The Agency is exempt from taxes and must maintain confidentiality when handling sensitive government information.
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