The Leader of Opposition Sitiveni Rabuka says that the government continues to take an expansionary approach despite the sound advice by the International Monetary Fund.
Rabuka says it is clear from the report that the marginal increase in government revenue is not adequate to meet government expenditure which continues to increase at a faster rate.
He says as a result, government has to increase its borrowing to finance its poorly planned expenditure.
Rabuka says as a percentage of GDP, our debt level continues to increase from 46.2% in 2015 to 50.2% in 2019. He says this excludes contingency liability which is currently around 10% of GDP.
