2019/2020 National Budget: Debt to reach $5.6bn

THE Government’s debt as of the end of July 19, 2019 is estimated at $5.6 billion or 46.7 per cent of the GDP. Most of our debts are from local borrowing, totaling $3.7b while overseas borrowing is about $1.4b. The debt at the end of 2018 financial year was $5.2b. The budget supplement stated the […]

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