May 27, 2021
Prime Minister Dr Hubert Minnis speaks in the House of Assembly. Photo: Donovan McIntosh/Tribune Staff
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‘Deadly’ debt costs breach $1/2bn mark
The government’s annual debt servicing (interest) costs were yesterday branded “deadly” after they breached the $500m mark to now exceed combined health and education spending.
BUDGET: Debt on course to top $10 billion
GOVERNMENT debt remains on course to top $10 billion by the end of the next fiscal year as the Minnis administration commits to substantial deficit spending to help the country rebound from the COVID-19 pandemic.
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