Bonds drive domestic govt debt up
Friday, June 06, 2008
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.
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...