Will not take debt that cannot be repaid: Minister Shafeeq

Of the USD 550 million needed to cover government expenditures, USD 50 million will be raised by the sale of bonds. The remaining amount will be raised by allocating financing to other instruments.

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Finance Minister Dr. Mohamed Shafeeq in an exclusive interview with Mihaaru News -- Photo: Fayaz Moosa

Malika Shahid

2024-04-24 12:51:18

Finance Minister Dr. Mohamed Shafeeq has stated that the funds for the budget will be raised in such a way that it will not burden the state.

In an exclusive interview with Mihaaru News, he said that substantial efforts are being undertaken to raise the necessary funds for the budget.

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