Pueltc DEnr MexeriElr{ENT' No. 4/2015 Cap"22:21 (2) The Principal Director shall be responsible for ensuring the performance and exercise of the functions of the Offlce. (3) ln addition to the Principal Director, there shall be such members of staff of the Office as are needed for the performance and exercise of the functions of the Office, whose offices shall be a public offices and shall form part of the Civil Service. 7 External and Domestic Debt Management Committee (1) Fbr the purposes of this Act there is hereby constituted an External and Domestic Debt Management Committee (EDDC), which shall report to the Minister and whose functions shall be (a) to- make recommendations to the Minister on public debt management policy and strategy; (b) make recommendations to the Minister concerning all external borrowings, domestic debt issuance and guarantees; (c) advise the Minister on all policy natters relating to public debt management; (d) perform any other functions assigned to it by the Minister in connection with the public debt. (2) The Committee consists of the Secretary, who shall be the Chairperson the Committee, the Governor of the Reserve Bank, and the Attorney-General. of Provided that: (i) the Chairperson may invite any other person whose expertise the Committee may require, to attend any meeting of the Committee and take part in the deliberations of the meeting; (ii) the Committee shall meet at least once every calendar month. (3) The Office acts as a secretariat to the Comnfttee. I Medium Tarm Debt Management Strategy (1) A Medium f'erm Debt Management Strategy for managing the public debt shall be fbrmulated by the Minister with the assistance of the Office. (2) The Medium Term Debt Management Strategy shall be based on the debt management objectives stated in section 3 and shall take into account the following factors or considerations- (a) the existing public debt portfolio especially (but not exclusively) the Government component of the public debt portfolio; and &) the macroeconomic framework; and (c) the uture borrowing requirements of Government; and (d) domestic and intemational economic and financial conditions; and (e) such other factors or considerations as may be relevant for the development f of the Medium Term Debt Management Strategy, including proposed guidelines or specified targets for acceptatrle debt levels and risks in the public debt portfolio. PART IXI Loerus, GunRaNTEES AND OrHen Cotnttvtt'rMtll\'Ts g Respon$ibility of Office under Part lll The Office shall advise and assist the Minister in irnplementing this Part. 106