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@allafrica Thu, 11 Jul 2024 06:58:09

Govt Borrowing Discipline Untamed As 14.8tn Remain Undisbursed

[Nile Post] Economists and legislators are warning that the government is continuously drifting at a wrong tide for continuously borrowing for arrears considered to be non-immediate to cost the government heavily in interest payments. This after realizing that the government is set to borrow about 18tn to finance infrastructure. Some question whether government should tighten the rope in its neck in the name of development most of which have ended up delayed and others cancelled.

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