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Expect no more bailouts, CS Yatani tells State agencies

Treasury CS Ukur Yatani. [Standard]

The Government is no longer keen on bailing out loss-making State corporations, Treasury Cabinet Secretary Ukur Yatani said yesterday. 

Yatani’s comments came on the back of a Treasury report, revealing that out of 247 State corporations, 127 made either losses or deficits.

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