The Annual Public Debt Report is another effort to increase predictability and transparency to the public
debt management. It proposes a retrospective analysis of the Federal Public Debt – DPF by providing inputs for
the discussion of management objectives, also in terms of human and technological resources, and its results.
Previously, such function was executed by the Annual Borrowing Plan – PAF, but since 2003 the PAF will exclusively
present directives, planning and targets for the DPF in the year to come.