The Political Economist

 National Treasury building In  my inaugural article on this blog on  the fall of  third quar ter of previous financial year, I stated my worries o n the public debt crisis which is seriously plaguing our country, don’t’ worry, my worries still persist.  That persisting nature of the crisis has continued to spark a raging public discourse on how regimes in the past and in the now have failed in  prudent debt management to such an extent it exist as hindrance to, instead of being an  enabler of country’s   development.   In fact, the mystery of public debt is one of  the major issues that enraged the public during the June 2024 #Occupy protests. In agreement, experts, banking sector, debt management practioners and the public endorse the belief that public debt is not actually undesirable to any extent however what really matter is how it is being exploited for the interest of public good. Most first world countries whose economies have p...