International financial relations, cooperation with the EU and public debt management

International financial relations are based upon the cooperation with international and bilateral financial institutions.   

Cooperation with the EU covers decentralized management of EU Funds and monitoring the status of realization of measures and activities under the National Programme for Adoption of the Acquis Communautaire (NPAA), Ministry of Finance being in charge of their implementation.

Public debt management is carried out by proving funds for state budget execution and issuing sovereign guarantees in a manner corresponding to the prudent level of risk, with the lowest costs in the medium and long run. In addition, public debt management is aimed at maintaining efficient and liquid government securities market.