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New Caledonia congress to address debt to main hospital
5:46 pm GMT+12, 17/10/2019, New Caledonia

New Caledonia's Congress will urgently convene a top-level commission to tackle a huge public debt to the main hospital.
 
The Social Protection Fund needs to clear a debt of US$180 million to the hospital by the end of the year.
 
The Fund is the main source of revenue for the hospital but it stopped its regular scheduled payments a year ago.
 
The risk is that the hospital won't be able to pay salaries nor clear its own debts with suppliers which are forecast to amount to more than US$40 million by year's end.
 
The situation's urgency has prompted Congress to call a meeting of a commission which includes the president of the government as well as the head of the Social Protection Fund.

SOURCE: RNZ PACIFIC/PACNEWS


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