<TABLE cellSpacing=0 width="100%" border=0><TBODY><TR><TD class=news_byline OCh2f="0" d0ZKq="0"><SPAN class=kLink style="FONT-WEIGHT: 600; FONT-SIZE: 11pt; COLOR: blue! important; BORDER-BOTTOM: blue 1px solid; FONT-FAMILY: Verdana,Arial; POSITION: relative; BACKGROUND-COLOR: transparent">Loan</SPAN> Act amendments leave some worrying about nation’s debt</TD></TR><TR><TD style="HEIGHT: 9px"></TD></TR><TR><TD class=news_summary><TABLE cellPadding=0 align=left><TBODY><TR><TD></TD></TR><TR><TD><SPAN class=news_imagecaption OCh2f="0" d0ZKq="0">Finance Minister, Dr. Omar Davies</SPAN></TD></TR><TR><TD height=10></TD></TR><TR><TD class=news_summary OCh2f="0" d0ZKq="0">Concern is being expressed about the Government's decision to increase the country's debt ceiling.
<SPAN class=news_body OCh2f="12" d0ZKq="0">Tuesday Parliament passed amendments to the Loan Act to raise the threshold from $650 billion to $700 billion.
<SPAN class=kLink style="FONT-WEIGHT: 400; FONT-SIZE: 10pt; COLOR: blue! important; FONT-FAMILY: Verdana,Arial; POSITION: relative">Finance</SPAN> Minister, Dr. Omar Davies, in defending the need to increase the ceiling, said it should not be confused with the country's total debt <SPAN class=kLink style="FONT-WEIGHT: 400; FONT-SIZE: 10pt; COLOR: blue! important; FONT-FAMILY: Verdana,Arial; POSITION: relative">stock</SPAN> which now amounts to nearly $900 billion.
Despite the Finance Minister's statement, <SPAN class=kLink style="FONT-WEIGHT: 400; FONT-SIZE: 10pt; COLOR: blue! important; FONT-FAMILY: Verdana,Arial; POSITION: relative">Financial </SPAN><SPAN class=kLink style="FONT-WEIGHT: 400; FONT-SIZE: 10pt; COLOR: blue! important; FONT-FAMILY: Verdana,Arial; POSITION: relative">Analyst</SPAN> Errol Gregory is expressing alarm at the Government's decision.
He says based on the country's huge <A class=kLink oncontextmenu="return false;" id=KonaLink4 onmouseover=adlinkMouseOver(event,this,4); style="POSITION: static; TEXT-DECORATION: underline! important" &
<SPAN class=news_body OCh2f="12" d0ZKq="0">Tuesday Parliament passed amendments to the Loan Act to raise the threshold from $650 billion to $700 billion.
<SPAN class=kLink style="FONT-WEIGHT: 400; FONT-SIZE: 10pt; COLOR: blue! important; FONT-FAMILY: Verdana,Arial; POSITION: relative">Finance</SPAN> Minister, Dr. Omar Davies, in defending the need to increase the ceiling, said it should not be confused with the country's total debt <SPAN class=kLink style="FONT-WEIGHT: 400; FONT-SIZE: 10pt; COLOR: blue! important; FONT-FAMILY: Verdana,Arial; POSITION: relative">stock</SPAN> which now amounts to nearly $900 billion.
Despite the Finance Minister's statement, <SPAN class=kLink style="FONT-WEIGHT: 400; FONT-SIZE: 10pt; COLOR: blue! important; FONT-FAMILY: Verdana,Arial; POSITION: relative">Financial </SPAN><SPAN class=kLink style="FONT-WEIGHT: 400; FONT-SIZE: 10pt; COLOR: blue! important; FONT-FAMILY: Verdana,Arial; POSITION: relative">Analyst</SPAN> Errol Gregory is expressing alarm at the Government's decision.
He says based on the country's huge <A class=kLink oncontextmenu="return false;" id=KonaLink4 onmouseover=adlinkMouseOver(event,this,4); style="POSITION: static; TEXT-DECORATION: underline! important" &