Surplus? Remember we’re $3.5bn in debt
Created: Sep 30, 2024 07:45 AM
Surplus satisfaction: David Burt, the Premier and Minister of Finance
Dear Sir,
Tonight David Burt, the Premier and Minister of Finance, was lauding the fact that the Government had a surplus due to good fiscal control.
Now I am not an accountant and do not profess to be knowledgeable of high finance. However, I do not understand how the minister can state there is a surplus when the Government’s debt is about $3.5 billion, which costs the ordinary Joe (the taxpayers) nearly $130 million per annum in interest.
Where is the money tree growing which allows the Government to distribute money like candy? Can anyone give me a logical answer?
I am very concerned for my children and grandchildren, who will be taxed to pay for the national debt. We have developed into a Third World country.
ANTONY SIESE
Paget
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Published September 30, 2024 at 7:45 am (Updated September 28, 2024 at 11:45 am)
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