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Sam Hinds warns of “unsustainable” spending; denies existence of secret accounts

Former Prime Minister Samuel Hinds.

Former Prime Minister, Samuel Hinds Saturday warned that the movement of billions of dollars from a number of state-owned entities and commercial banks to the Consolidated Fund and subsequent spending would once again lead to an economic downturn. “The danger is that it would be used to raise recurring current expenditure to unsustainable (at this time) levels putting us at ...

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