6: What are the key factors contributing to the consistently high levels of public debt in the Pacific region, as mentioned in the lecture notes? How do these factors impact the financial stability of governments in the region, and what measures can be taken to mitigate the risks associated with increasing public debt levels? Question 7: How do public debt management policies and regulations vary across Pacific Island countries, and what are some examples provided in the lecture notes? Discuss the significance of having a robust legislative framework and debt management strategy in ensuring fiscal sustainability and transparency. Question 8: What role do multilateral institutions like PIFTAC, ADB, IMF, and the World Bank play in supporting public debt financing options in the Pacific region? How do these institutions contribute to capacity building, policy advice, and financial assistance for Pacific Island countries, as discussed in the lecture notes? Question 9: Discuss the implications of debt financing for Pacific Island economies, considering factors such as interest rates, repayment terms, and concessionality. How can Pacific Island governments balance the need for debt to finance development projects with the risks of accumulating excessive debt levels? Question 10: Examine the evaluation criteria for financing options in the Pacific region, as outlined in the lecture notes. How do factors like alignment with national development priorities, capacity building