Govt fights to avoid debt trap
Tuesday, January 27, 2026 | 0 Views |
BALANCING ACT: The Finance Ministry is juggling citizens’ aspirations and revenue forecasts
Without meaningful restrictions on spending, government faces an elevated risk of a debt trap over the short to medium term, said technocrats writing in the Budget Strategy Paper released last week.
The officials noted that the country’s fiscal trajectory was skirting close to the debt ceiling limits set by government. The government’s fiscal rules limit debt to 40% of Gross Domestic Product (GDP), being 20% for domestic debt and 20% for external debt.
The rise in defilement and missing persons cases, particularly over the recent festive period, points not merely to a failure of policing, but to a profound and widespread societal crisis. Whilst the Police chief’s plea is rightly directed at parents, the root of this emergency runs deeper, demanding a collective response from every corner of our community. Marathe’s observations paint a picture of neglect with children left alone for...