AG says Prasad makes claims but has nothing to back those claims while Prasad says govt went on a borrowing spree from 2015 to 2018

Attorney General and Minister for Economy Aiyaz Sayed-Khaiyum says NFP Leader Professor Biman Prasad makes claims such as $500 million being wasted by government but there is nothing there to back those claims while Prasad says government went on a borrowing spree from 2015 to 2018 and there must have been a wastage of $500 million a year.

While speaking during the motion to debate That Parliament debates the ‘Review of the 2017-2018 Whole of Government Audit Reports Consolidated Report, Sayed-Khaiyum says Prasad says there was a economic contraction in 2019.

Sayed-Khaiyum further says it was a contraction of 0.6 percent and Prasad does not mention prior to that, there was nine consecutive years of economic growth.

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Prasad says if there is no value for money examination by the Public Accounts Committee which reports to parliament, you are bound to create a situation where the taxpayers funds will be wasted.

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