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Government is not ruling out returning to the international capital market to borrow money for major projects amid concern that global interest rates are rising.
Minister of Finance Ryan Straughn has signalled that Government is keeping its options open and given the country’s strong economic performance, he is confident the authorities can find “a good deal” to secure funding for public projects.
He is also hopeful that when the International Monetary Fund (IMF) and World Bank annual meetings take place in Bangkok, Thailand, from October 12 to 18, there will be progress on the Vulnerability To Viability (V2V) Compact.
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