THE government鈥檚 plan to set up a separate debt management office to attend to challenges of institutional disintegration, primarily dealing with internal debts and running to a fully-fledged division in the long run could be a good step if the office were run efficiently and were not turned into a 鈥榬ehabilitation centre鈥� for serving and retired public servants. Economists say...
The finance ministry has planned to establish a debt management office to address the challenges of institutional disintegration that has hampered the government loan management, said its officials...
A persistent increase in internal and external government borrowing and the consequent pressure on loan repayment pose a threat to the economy. While economists have for long spoken of negative impacts of the growing government debt, the authorities appear to have ignored the risks and continued to borrow excessively...
