Government is in a position to satisfy its debt obligation, promises a senior finance minister.This assurance has come from Minister in the Ministry of Finance Ryan Straughn, who dismissed critics who are questioning the Government’s ability to repay its debt as it heads back to the International Monetary Fund (IMF) for a second round of funding.Minister Straughn on Tuesday brushed aside those concerns, recalling that Government was still able to lower the ballooning debt from a whopping 175 per cent of gross domestic product (GDP) at the time it started the BERT programme in 2018.Speaking in the House of Assembly, the minister said: “I believe our track record speaks for itself, but I don’t want anybody in the public to fear our ability to repay the debt that we have now. What we must focus on is how we are all going to put the best efforts to ensure that we can grow this economy from top to bottom and that people are included all the way through this specific process,” said Straughn.
