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A new Loan Bill seeks authorisation for $11 billion to meet borrowing requirements until June 2021, addressing inherited financial settings.
🟡 Medium · Bill Second Reading24 May 2017 · 1,034 words
$11B loan bill needed urgently to maintain public services, due to previous government's financial p
Parliament is asked to approve an $11 billion loan to fund public services.
“It is clear that whoever forms government after the 2017 election … one of the very first things that government will do is to bring in yet another loan bill, subject to the movements in our revenue that happen from time to time.”
➖ neutral· procedural🌡️ warm
Members who spoke
Dawson, Hon Stephen
Topics
financebudgetloansgovernment debt
· 24 May 2017
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