Home Politics State’s open market borrowings within sustainable limits : CMO

State’s open market borrowings within sustainable limits : CMO

Digital Goa, Jan 2 – Goa Government’s borrowings from the Open Market remain within sustainable limits, with ₹1,300 crore raised so far out of the ₹3,200 crore permitted by the Government of India, states a release by CMO. CM Sawant chaired a review meeting of all heads of departments to assess the implementation of the Budget, Budget Assurances and Assembly Assurances given on the floor of the House. Action has already been initiated on 99.3 % of the budget assurances announced during the Budget Session. Of these, 77 % are expected to be implemented in the current financial year, while the remaining assurances, largely related to civil infrastructure works, will be completed in the next year, stated the CMO release.