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Debt repayment can strain Goa's future budgets: CAG

Sunday, February 9, 2020, 9:52 PM

The CAG has expressed apprehension that debt repayment can strain the Goa government's budgets in future, and suggested that it work out a strategy to avoid a debt trap. Much of the fresh debt was being used to repay earlier liabilities, it observed. Chief Minister Pramod Sawant tabled the Comptroller and Auditor General's (CAG) report for 2017-18 in the Legislative Assembly on Friday.