According to the Mid-Year Economic and Fiscal Outlook Report (MYEFO) released by Treasury on Monday, the public debt is expected to increase to K26 billion (K25,939.4 million) from the projected 2017 Budget estimate of K22 billion (K21,623.3 million).
This is an increase of K4.3 billion (K4,316.1 million).
Treasury attributes the potential increase to the growth in debt levels due to rolling over of Government Treasury Bills and marginal increase in Treasury Bills financing in 2017.
