Budget aims to keep debt at sustainable level

THE nation’s debt will total $4.9 billion or 50.4 per cent of our gross domestic product (GDP) by July, 2017. At least 70 per cent or $3.37b would be domestic debts. The Government’s overseas debts are to the EXIM Bank of China — 39 per cent; Asian Development Bank — 22 per cent; EXIM Bank […]

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