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Continued budget deficits will lead to more borrowing
The reason for the government to ask four commercial banks for overdraft facilities for district offices has been explained by the Bureau of Statistics. The March quarter showed more spending than earning producing a deficit. It looks like the June quarter numbers could be similar.It is time to b...
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Having champagne on a beer budget is not a good idea
When a company earns less than what it spends, it is called a loss, and the same goes for a government. The recent figures on government revenue do not paint a warm, fuzzy picture…
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Continued budget deficits will lead to more borrowing
The reason for the government to ask four commercial banks for overdraft facilities for district offices has been explained by the Bureau of Statistics. The March quarter showed…