The Public Debt Servicing Bill has increased beyond the levels anticipated in the National Budget.

Finance Minister Iipimbu Shiimi says this is commensurate with a rising debt portfolio coupled with the prevailing tight financial conditions.

Members of Parliament in the National Council have applauded the Minister of Finance for tabling the budget ahead of schedule this year as compared to previous years.

The Minister of Finance, Iipumbu Shiimi has once again expressed concern over the state of audited financial reports at some town councils and state-owned entities.