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HomeNewsDOMESTIC AND EXTERNAL DEBT CEILINGS HIKED

DOMESTIC AND EXTERNAL DEBT CEILINGS HIKED

Utilizing its majority vote in the National Assembly the government late Thursday evening passed two Motions that will see the country’s domestic debt ceiling increasing from $150B to $500B, and the external loans limit moving to $650B from a low of $400B – a move the Opposition said will only place great financial burden on the present and future generations.

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