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Government promises to cut back on domestic borrowing and clear domestic arrears

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Despite monetary policy actions to help awaken private sector borrowing, recovery remains sluggish promoting government fiscal action. Two things have been promised to happen, government will cut back on its borrowing from the domestic market by about 30% and more money will be provided to clear domestic arrears. Subscribe to Our ChannelFor more news visit http://www.ntv.co.ugFollow us on Twitter http://www.twitter.com/ntvugandaLike our Facebook page http://www.facebook.com/NTVUganda

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