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Santokhi, Pe a Moni De? (3/slot): Commercial Banks Under Pressure

Summary by DWTonline.com
The outgoing government of President Chandrikapersad Santokhi has been squandering (borrowed) money in recent months, according to figures from the Public Debt Office (SDMO). Total debt also appears to be higher than anticipated. And many more unpleasant surprises are likely to come, as not all figures have been released yet. But what all that money has been used for remains largely unclear.
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The outgoing government of President Chandrikapersad Santokhi has been squandering (borrowed) money in recent months, according to figures from the Public Debt Office (SDMO). Total debt also appears to be higher than anticipated. And many more unpleasant surprises are likely to come, as not all figures have been released yet. But what all that money has been used for remains largely unclear.

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DWTonline.com broke the news in on Friday, July 18, 2025.
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