🚨📉 Blowouts, crippling interest, is no-one listening? 📉🚨 According to Jon Stanhope and Dr. Khalid Ahmed, the ACT’s deficit predictions are hitting home hard. Brace yourselves for a $340 million blowout in the deficit, as reported in the recently released 2023-24 Budget Review. 💸💔 But wait, there’s more! Interest costs are skyrocketing at an alarming rate of 19.7% per year, reaching a staggering $684.4 million in 2026-27. That’s 7.5% of total expenditure! 😱💸 With interest costs soaring, it’s clear that the government’s debt management strategy (if there even is one) is falling flat. 😞📉 https://citynews.com.au/2024/blowouts-crippling-interest-is-no-one-listening/ #ACTBudget #FinancialFuture #DebtManagement #EconomicReality