VMRO-DPMNE said that the new, SDSM led Government, is planning to use the 150 million EUR in new debt for 2017 to employ partisan activists and to hand out high valued service contracts to its supporters. According to VMRO-DPMNE, this runs counter to the constant media campaign to lower the public debt which SDSM ran while VMRO-DPMNE led the Government.
"While in opposition, SDS used to go on and on about how Macedonia has gone too far deep into debt. And now we see them issuing new debt at a far higher pace then before. While in opposition, SDS treated each new bond auction as if it was a criminal act. And only yesterday they issued new 10,6 million EUR in bonds", VMRO-DPMNE said in a press release, adding that, in a rare occurrence, the latest debt auction saw lower interest than the amount of bonds being offered.
"This lack of interest in bonds issued by Minister Tevdovski shows the distrust banks have in the SDS led Government. There is no indication that the newly acquired debt will be used to rebuild schools, hospitals or for new infrastructure projects. The disastrous economic policy put forward by the Government is also evident in the budget rebalancing proposal which goes against the already implemented reforms", VMRO-DPMNE added.
