Mfikirishi
JF-Expert Member
- Jan 16, 2012
- 8,939
- 10,403
I beg to differ.
The problem am seeing is that most people read the attached Citizen paper for posthaste comments not to understand the basics.
Let's face it; the debt distress named in the paper isn't because SSH is seeking for more loans but rather due to Covid-19 that tremendously impacted tourism sector hence derailed debt payoff.
Any country with massive financial collaterals like we do would risk to secure additional loans to get development into right pathways.
My distrust, though lies within the ccm's corrupt systems.
The problem am seeing is that most people read the attached Citizen paper for posthaste comments not to understand the basics.
Let's face it; the debt distress named in the paper isn't because SSH is seeking for more loans but rather due to Covid-19 that tremendously impacted tourism sector hence derailed debt payoff.
Any country with massive financial collaterals like we do would risk to secure additional loans to get development into right pathways.
My distrust, though lies within the ccm's corrupt systems.