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Some assert that, with debt payments absorbing a large share of budgetary and foreign exchange resources, poor governments have turned to foreign donors, which further prolongs debt problems.
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The central bank hopes that people will have to use the coins, if they cannot put them in the banks.
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Budget surpluses offer the prospects of significant benefits for both the budget and the economy in the near and longer term.
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With the support of development partners, we will equip those African countries, which did not have radar and other modern air traffic control and communications equipment, with modern systems by 2010, waKamau said.
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Things will get better when they stop getting worse, said Merle Dimbath, an economist and president of Dimbath Economics in Stuart.
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Any premium paid to buy back debt might be treated as an interest outlay in the budget year when the securities are repurchased.
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Dealers said the naira should appreciate further next week on increased dollar liquidity in the system.
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