The financial strategy for the year ahead lies within the same guidelines established in the budget law for 2010-2014, focusing on the reduction of the Central Government financial vulnerabilities within a context of continued high global uncertainty and volatility. Thus, the main f ocus of the Central Government's debt management strategy is to preserve low refinancing risk with a redemption profile as even as possible in the long run and maintain debt's average life. Furthermore, the Central Government stressed the continuity of the current pre-funding policy, aiming to maintain a large liquidity buffer. By the end of 2013 Central Government cash balance is near 3.3% of GDP, comfortably covering the debt service of the year ahead.