POSSIBILITY/ PROBABILITY

Project costs

  • There is a possibility but almost a zero possibility that government-funded projects will be completed on time and on budget.
  • There is a possibility but little probability that governments will begin to shun borrowing as a prime source of money to complete projects.
  • There is a possibility and an overwhelming probability that governments at all levels will be everlastingly saddled with crippling debt emanating from reckless borrowing. Their short-term gain is already transitioning to long-term pain.

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