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Tancoo says $1B bond won’t shift debt burden to future govts

Finance Minister Davendranath Tancoo has pushed back against criticism of the Government’s US$1 billion bond issue, insisting the borrowing is backed by future revenue and not a case of passing today’s debt onto another administration. Speaking in Panama during CAF’s Latin America and the Caribbean International Economic Forum 2026, Tancoo framed the bond against what he described as an inherited problem—a US$1 billion bond raised in 2016 with no repayment mechanism in place. [...]