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Economist Prof Roger Hosein is cautioning the Government against using withdrawals from the Heritage and Stabilisation Fund (HSF) to fuel consumption and recurrent expenditure in the upcoming budget.
He said it was a blunder that former finance minister Colm Imbert had made.
“He (Imbert) borrowed heavily to fuel recurrent expenditure. We have to move away from that now.” Hosein warned.
Finance
Politics
Elections 2025
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