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PLANNING Minister Kennedy Swaratsingh said the government will be allowed to borrow up to $45 billion under the Finance Bill 2025, which he piloted in the Senate on December 9. The umbrella bill adjusts about 21 existing acts, largely in line with the Finance Minister's promises made in the recent budget, and was passed by the House of Representatives on December 5.

Swaratsingh said clause 14 amends the External Loans Act (chapter 71:05).

"This amendment addresses the fundamental ability of the government to finance our national development agenda.