Foreign borrowing still seen as 'prudent' despite major expansion in gov't debt - BusinessWorld Online

GOVERNMENT borrowing remains “prudent” despite the significant increase in the public debt, a bank economist said, adding that much of the borrowing taken on in the last two years was necessary to help manage the coronavirus disease 2019 (COVID-19) pandemic.

GOVERNMENT borrowing remains prudent despite the significant increase in the public debt, a bank economist said, adding that much of the borrowing taken on in the last two years was necessary to help… [+3920 chars]

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