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Friday, August 16, 2019

Debt service expenditure continues to rise—report – The Nation Online

Debt service expenditure continues to rise—report – The Nation Online: Despite registering a reduced fiscal deficit in the 2018/19 fiscal year, Treasury’s expenditure on debt service has continued to rise, a situation economists say is worrisome.

Business Review analysis of the Reserve Bank of Malawi (RBM) figures show that during the 2018/19 financial year, Treasury closed the year with a K189.3 billion deficit, a drop from the projected K255 billion.

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