Private legal practitioner Jonathan Amable has warned that the next government will face severe challenges in managing the country's mounting debt.
He projected that debt obligations for 2025 through 2028 will be overwhelming unless the current borrowing spree is curtailed.
Amable expressed serious concerns about the government's spending, which he said far exceeds revenue generation.
Speaking on The Point of View with Bernard Avle on Channel One TV, he pointed out that despite ongoing debt restructuring efforts, the country's debt burden continues to grow. "We declared moratorium or stopped servicing our debts in 2022, just look at the figure of our debt as of 2022.