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Finance Minister plans Borrowers' Club reforms
Finance Minister Ahmed Kajiok revealed that there are upcoming steps to institutionalize the Borrowers' Club aimed at incorporating international experiences and ensuring its sustainability and impact. He clarified that the purpose of establishing the club is to improve resource management efficiency and debt restructuring, not to promote borrowing. The focus is on transforming debts into investments that generate economic returns by strengthening partnership with the private sector. These measures are part of the government’s efforts to control external debt and its risks, relying on innovative sovereign financing tools to attract investment and achieve development.
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