The CPP in their opinion believes the President’s letter rather focuses only on a stimulus package to address the so-called economic fallout of the health crisis without dealing with the cause. According to them, unless the health crisis is addressed, there can be no way of assessing and seriously addressing the resultant economic fallout. “Even if a listing of beneficiaries and the amount owed is presented along with the financial institutions concerned, such listing should be subjected to verification by the General Auditing Commission (GAC) before payment is done. “The “other creditors” as alluded by the President creates a big opening for fraud as was the case with the US$25 million mop-up exercise. US$15 To Begin Funding Domestic ArrearsOn the President’s measures to fund domestic arrears, the CPP is recommending that the Executive branch of government should include the US$15 appropriation in the next fiscal budget and prioritize arrear payments for relevant debt that impacts economic recovery.

Source: Front Page Africa April 16, 2020 06:56 UTC