Public Debt Management Office

Public Debt Management Office

The Public Debt Management Office(‘DMO’) established under Law No. 8 of 2022 regulating the public debt in Dubai, issued by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, in his capacity as the Ruler of Dubai.

The establishment of the DMO showcases the government’s continuous efforts in strengthening its financial position through the management of the sovereign debt, furthermore, to meet the governments financing requirements efficiently, and thereby ensure the development of infrastructure projects in various sectors, which in turn aims to improve the quality of life and to enhance the emirate’s global competitiveness, serving the leadership’s vision.

The primary roles and responsibilities of the Public Debt Management Office:

1. Ensure efficient and effective management of the public debt portfolio with prudent cost and risk strategies.
2. Developing governance frameworks to strengthen the financial policies in relation to the public debt management.
3. Diversifying funding sources and develop an efficient market for government securities.
4. Maintain high level of transparency to enhance stakeholders' confidence, in Dubai credit and its strategic vision.