There are growing concerns over the rising level of government - TopicsExpress

There are growing concerns over the rising level of government debt (bit.ly/RAdebtconcern) in Vanuatu. It has recently become clear that the government had signed a AUD$50 million loan agreement to build 45 kilometres of roads on the islands of Tanna and Malekula. The Vanuatu government is hoping to restructure its problematic Vanuatu Commodities Marketing Board (VCMB) (bit.ly/vcmb-restructure) to help to eradicate agricultural poverty. The VCMB Act has already been repealed by parliament but this is yet to be gazetted (bit.ly/trades-new-vcmb). bit.ly/vanuatu-economic-update

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