By way of comparison, net debt in 2010 was $942

The people of Afghanistan cannot be allowed to suffer indefinitely. It is clear that the weak Afghan security forces are not able to deal with deadly terrorism such as that unleashed by the IS. Some kind of action is needed. Delivery of military equipment to Saudi Arabia and the United Arab Emirates will also be expedited, the Pentagon announced on Friday. Iran supreme leader, Ayatollah Ali Khamenei, earlier ruled out talks with the United States after Mr Trump blamed Iran for the attacks. Speaking in the Oval Office during a meeting with Prime Minister Scott Morrison, Mr Trump said restraint “shows far more strength”.

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cheap Canada Goose Remarkably, net debt (excluding superannuation) is now forecast to increase from $1.3 billion in 2017 18 to $2.95 billion in 2021 22, a further increase of $115 million from the previously published forecast.Debt is increasing at an average of more than $400 million a year or $1.65 billion in just four years. By way of comparison, net debt in 2010 was $942 million, the negative sign indicating that investments (excluding those related to superannuation) exceeded the debt at that time.Under the revised estimates, the territory’s market borrowings will also increase by a further $194 million.The question which the Treasurer needs to answer is: If the operating budget is in balance, why is there a need for an additional $194 million in borrowings? The apparent answer is that the government is not only borrowing for capital initiatives, but also for recurrent initiatives, and other changes in the operating budget, and some more.It would be deeply concerning, having regard to the size of the budget, to ignore or dismiss the increase in net debt or borrowings as “negligible” compared with the size of the budget. The potential impact of this level of debt on Canberra households is alarming. cheap Canada Goose

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