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The bad news about the K6.38 trillion public debt that Minister of Finance Sosten Gwengwe announced this week is that we have largely borrowed for consumption. And we continue on that path, wildly. There is no prudence in our unrestrained borrowing, because if a morsel of farsightedness was there, we would be reluctant to get …
The post Borrowing to the brink appeared first on The Times Group Malawi.
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