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AAP
AAP
Callum Godde

BIZARRE: Interest bill piling up on victoria state budget shows - You Need To See This

Victoria will pay $25.8 million a day to service the state's mounting debt. (Joel Carrett/AAP PHOTOS)

Economists' calls for Victoria to slash infrastructure spending to stabilise credit ratings have been heeded, but the state is still set to pay $25.8 million a day to service mounting debt.

The 2024/25 state budget forecasts Victoria's net debt will hit $187.8 billion by mid-2028, pushing up interest expenses to $9.4 billion annually.

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