Smart Moves: How the Government Plans to Handle Debt Until 2030

The Government has just shared its plan for managing debt from 2026 to 2030. This plan outlines how the Government will borrow money and handle its debts in a smart and cost-effective way.

Key Goals

• Keep costs low
• Manage risks carefully

Plan Details

The plan discusses:

• Types of loans the Government will take
• How loans will be spread out
• Rules for selling government bonds
• How the Government will share information about its debt with the public

This plan is an update of the old one, with new ideas to make things more predictable and stable.

Big Changes

• Loan Mix:
• 45% will be regular loans
• 40% will be linked to inflation
• 15% will be in foreign currencies
• Bond Simplification: Bonds will be easy to understand and trade
• Debt Repayment: Aim to keep debt repayable in the next two years below 25%

Exclusions and Transparency

• Green/Sustainable Projects: These loans are not included in the rules.
• Annual Reports: The Government will share more information about its debt, including an annual report.

Bigger Financial Strategy

This plan is part of the Government's bigger financial strategy, updated every year and looking ahead five years. The goal is to ensure the Government can always pay its bills without taking too many risks.