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THE Government's plan to raise US$1 billion ($7 billion) was revealed in Legal Notice 9 of 2026 published online and dated January 13.

It was signed by Finance Minister Davendranath Tancoo, the day before.

The item said while the government intends to issue notes of up to US$1 billion on the international market and offer them for sale to qualified institutional buyers both within and outside of the United States, it was now expedient the minister make an order to do so.