Heritage and Stabilization FundAn economist and former government believes that there is no need for alarm over government decision to use money from the Heritage and Stabilization Fund.

Government has indicated the conditions agreed upon for use of resources from fund are prevalent therefore the need for dip into the HSF.

Commenting on the development in a News Power Now interview , former Planning Minister, Mary King, said there is no need to push the panic button.

However, she is of the view that there is need to reduce expenditure significant and focus on new areas of economic activity and income generation.

Former Planning Minister and economist, Mary King