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Economist s concerns on higher refinancing rates Little progress on multi-billion public pension woe
By NEIL HARTNELL
nhartnell@tribunemedia.net
The Government was yesterday warned that talk is cheap when it comes to The Bahamas mounting fiscal and economic woes, as governance reformers demanded: Let s see some action.
Robert Myers, the Organisation for Responsible Governance s principal, told Tribune Business we ve heard it all before with the Government s Fiscal Strategy Report laying out little that was new in terms of the country s problems or a strategy for addressing both GDP growth and the expanding national debt and fiscal deficit. They ve kicked that can down the road as far as they can, he said of a national debt that is projected to hit the $10.4bn mark by mid-2022. I would say talk is cheap. Let s see action. We ve heard it all before. Start making it happen.