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Hon. Nabii Nabwera has raised a red flag regarding the ambitious budget proposal and the looming threat of accumulating more debt. The concerns expressed by the honorable member of parliament highlight the potential risks associated with the proposed budget and the need for careful consideration before finalizing it. The focus on the budget's sustainability and the impact it may have on the country's financial health underscores the importance of prudent fiscal management to avoid falling into a cycle of increasing debt burden.
The challenging operating circumstances further compound the worries surrounding the budget, casting doubt on its long-term viability. With the year expected to close with a significant shortfall exceeding Sh. 300B, the financial implications are dire and require urgent attention. The need for a comprehensive review of the budgetary allocations and revenue generation strategies is evident to address the looming financial crisis and prevent further escalation of the debt burden. Hon. Nabii Nabwera's concerns serve as a wake-up call to policymakers and stakeholders to reevaluate the budget proposal and make necessary adjustments to ensure financial stability and sustainability in the long run.
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