Govt to put multi-billion pula bond on hold

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Government has created room to delay the planned multi-billion pula bond issue to later in the year as it has scored success in wide-ranging spending cuts across its P39.19 billion budget, BusinessWeek has learnt.

The bond is to support this year's anticipated P12.1 billion budget deficit.

Government's coffers have also been bolstered by under-spending in the recurrent and development budgets approved by Parliament in February, saving between 10 and 20 percent of the funds released thus far this year.

Editor's Comment
Stakeholders must step up veggie supply

The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...

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