The government is over borrowing and much of the borrowed money seems to be going into expenditures and not investments. Should this be a point of concern for the bonds holders?
At this rate we are hanging in the balance. I fear a day is coming where the standard of living will become so high that we as ordinary Ugandans. Can't live comfortable lives. An increased borrowing rate always results in increased taxation and interest rates.
The government is over borrowing and much of the borrowed money seems to be going into expenditures and not investments. Should this be a point of concern for the bonds holders?
At this rate we are hanging in the balance. I fear a day is coming where the standard of living will become so high that we as ordinary Ugandans. Can't live comfortable lives. An increased borrowing rate always results in increased taxation and interest rates.
Thank you for the enlightenment
Good information
Thanks
Links to basic learning on how all these tools come together