The Bank Of Proxima has issued a warning to the DDS about it's growing debt and thinks the DDS could have real financial problems unless they rein back spending. Mr Crisp, the Chairman of the bank, said that the DDS' debt had risen from 4.3 billion zarks in 2100-2101 to 22.6 billion in 2104-2105. With big programmes such as the Panther class destroyer and the Quasar ILU upgrade that debt could reach 35 billion by 2106-2107.
Income and cashflow has increased in the period too but so had spending at what Mr Crisp called an unsustainable rate. In a statement DDS Financial Officer The Shiner said that there were no problems and that debt would remain manageable. He also said that in real terms DDS debt was a lower proportion of turnover than in 2101.
