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Government spends $12.9m on debt repayment holiday

Thursday 5 August 2021 | Written by Caleb Fotheringham | Published in Economy, National

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Government spends $12.9m on debt repayment holiday
Financial secretary Garth Henderson. (PHOTO: COOK ISLANDS TOURISM). 21032304

The interest repayment holiday cost the country $12.9 million, over $1 million less than the initial $14.2 million estimated cost of the initiative under Government’s Economic Response Package.

The interest repayment holiday cost the country $12.9 million, over $1 million less than the initial $14.2 million estimated cost of the initiative under Government’s Economic Response Package.


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