Financial circle believes that once a deal is finalised with IMF, the government would not be able to borrow
more as aggressively due to conditionalities on fiscal management.
class="MsoNormalspan xml:lang="EN-GBI'd have been insulted if they told me I could only borrow
, say, Sh1,500 or something in that neighbourhood.
A STAGGERING PS1.5bn has been borrowed
by Welsh councils since 2015, new data from the Public Works Loan Board (PWLB) has revealed.
However, it surpassed its domestic borrowing target for the same year having borrowed
Sh390.2 billion against a target of Sh297.6 billion.
KARACHI -- The government borrowed
a total of $1.58 billion during the first four months (July-October) of the current fiscal year.
'If the nation has a budget deficit as has been the case for the past four years, it is inevitable for the government to borrow
, and this made the nation's debt profile to be on the rise.
'The adverse effect is obvious, the government will have to borrow
and interest rates are higher,' Briones, who served as national treasurer during the Estrada administration, said in a briefing in Malacanang.
Some tough love might be in order to diminish the propensity to borrow
"Most importantly, consumers should only borrow
what they can afford to pay back to avoid getting into financial difficulties."
While the central bank has - in effect - left the private sector to its own foreign borrowing plan and they could borrow
how much they want, the monitoring of all government foreign borrowing remains strictly mandatory.
There are seven borrow
pits allotted to the contractor (CCC/CSEC Joint Venture) for the construction of Gaborone-Boatle road project.