Government borrowing

It is thus imperative that the government take some concerted measures to keep the borrowings under control in order to maintain overall economic stability. The keynote for achieving this goal is to curtail the government's spending. It is our strong belief that the caretaker government is best equipped for the job because of its size and apolitical character. The required steps to be taken would be to tighten disbursements of project funds under ADP after careful scrutiny of all the projects in terms of their respective value including factors like the time available at hand with the caretaker government between now and the election and coming of the next government, the viability of each of the project and their proper implementation etc. As a matter of fact, consideration could also be given towards withholding release of funds for particular projects as deemed appropriate. On the other hand, government projects 'funded by lump-sum grants' that have the potential of giving rise to 'corruption' and influencing the election process should be dispensed with.

We sincerely hope that this vital issue of national interest will be duly addressed amidst the otherwise pressing obligations of the caretaker government.

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