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 is all about how the Government will borrow money and handle its debts in a smart way. The main goal is to keep costs low while managing risks carefully. The plan talks about the types of loans the Government will take and how they will be spread out. It also explains the rules for selling government bonds and how the Government will share information about its debt with the public. This plan is an update of the old one, with some new ideas to make things more predictable and stable.One big change is how the Government will mix up its loans. Now, 45% will be regular loans, 40% will be linked to inflation, and 15% will be in foreign currencies. The Government also wants to make sure that bonds are easy to understand and trade. They aim to keep the amount of debt that needs to be paid back in the next two years below 25%. The plan also mentions that these rules don't apply to loans for green or sustainable projects. The Government will also share more information about its debt, including an annual report. This plan is part of the Government's bigger financial strategy. It's updated every year and looks ahead five years. The idea is to make sure the Government can always pay its bills without taking too many risks.