Bonds drive domestic govt debt up

Following its decision to develop and diversify financial markets through the regular issuance of bonds and treasury bills, Government domestic debt shot to P2.2 billion in March this year.

Prior to the March bond issue, government domestic debt had been sitting at P1.75 billion since June last year.

The Minister of Finance and Development Planning, Baledzi Gaolathe, launched a P5 billion 'Domestic Note Programme' under which there will be regular auctions of government securities last March.

Editor's Comment
Human rights are sacred

It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...

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