UK Debt Management Office

HM Treasury written question – answered on 2nd December 2015.

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Photo of Douglas Carswell Douglas Carswell UKIP, Clacton

To ask Mr Chancellor of the Exchequer, what plans he has to improve the transparency and accountability to (a) Government and (b) Parliament of the UK Debt Management Office.

Photo of Harriett Baldwin Harriett Baldwin The Economic Secretary to the Treasury

The UK Debt Management Office’s (DMO) key objectives are required to be met with due regard to the principles of ‘openness, transparency and predictability’, as set out in the annual Debt and Reserves Management Report. The DMO publishes and lays before Parliament its annual Business Plan and Annual Report and Accounts (and also publishes an Annual Review), providing information about its operations in line with these objectives. As an Executive Agency of the Treasury, the Chief Executive of the DMO is accountable to government and parliament, as set out in the DMO’s Executive Agency Framework Document.

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