OPINION – A recipe for disaster

 
1,383Views 4Comments Posted 23/01/2021

 In the midst of the crisis caused by the pandemic, the Government, once again, came out this week to make a new debt issue - $ 2.45 billion, to be exact -, with which, our liabilities continue to grow at the same time as - for this frantic race for money - the chances of future borrowing are shrinking at breakneck speed. Nothing indicates that the Government has an austerity plan in the face of this unprecedented situation. Although the alarms do not stop ringing, we continue with a debt rate that will soon reach its limit, if we are not a few steps away from it, and with income plummeting. The General Directorate of Revenue revealed in its latest report that the collection, as of December 2020, was 28.4% less than budgeted and 22.5% less than that collected in the 2019 financial year. Continuing to borrow without anyone reporting how the money is being spent or being held accountable does not create peace of mind, but rather suspicions. This government, with a policy of zero transparency, has its credibility on the ground, to which must be added the errors in the management of the pandemic and in the administration of vaccines, lack of medical supplies or overpriced purchases, etc. We are facing the recipe for disaster.- LA PRENSA, Jan 23.



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