Reply to thread

Message

<blockquote data-quote="swisshits" data-source="post: 3334806" data-attributes="member: 100589">President fattens his purse from budget[FONT=Arial,sans-serif]The&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; allocation for the President this year has exceeded his&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; allocation for last year by Rs.1200 million.&nbsp; This amounts to&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 10% of the total amount allocated for the salary increase of all&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; state employees.&nbsp; To increase allocation of the President grants&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; of 25 essential ministries including women's and children's&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; welfare, urban development etc have been pruned.&nbsp; [/FONT]&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; [FONT=Arial,sans-serif]&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; The only argument the government has to show that the budget&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; proposals were a successful one is the increase of taxes for&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; foreign goods. However, economic experts point out that the&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; economy cannot be strengthened only by increasing import taxes.&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; The production of local goods should be increased to compete&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; with foreign goods say economists.&nbsp; However, there are no&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; proposals to increase local production they point out. The&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; result of this would be price increase of essential goods said&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; an economic expert talking to 'Lankatruth.' [/FONT]&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; [FONT=Arial,sans-serif]&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; Await a detailed account of the budget proposals.[/FONT][FONT=Arial,sans-serif][/FONT][FONT=Arial,sans-serif]<a href="http://www.lankatruth.com/New/Full_Story_Page/2008/november/06/20081106.01.htm" target="_blank">Lankatruth</a>[/FONT]</blockquote>

[QUOTE="swisshits, post: 3334806, member: 100589"] [b]President fattens his purse from budget[/b] [FONT=Arial,sans-serif]The allocation for the President this year has exceeded his allocation for last year by Rs.1200 million. This amounts to 10% of the total amount allocated for the salary increase of all state employees. To increase allocation of the President grants of 25 essential ministries including women's and children's welfare, urban development etc have been pruned. [/FONT] [FONT=Arial,sans-serif] The only argument the government has to show that the budget proposals were a successful one is the increase of taxes for foreign goods. However, economic experts point out that the economy cannot be strengthened only by increasing import taxes. The production of local goods should be increased to compete with foreign goods say economists. However, there are no proposals to increase local production they point out. The result of this would be price increase of essential goods said an economic expert talking to 'Lankatruth.' [/FONT] [FONT=Arial,sans-serif] Await a detailed account of the budget proposals.[/FONT] [FONT=Arial,sans-serif][/FONT] [FONT=Arial,sans-serif][URL="http://www.lankatruth.com/New/Full_Story_Page/2008/november/06/20081106.01.htm"]Lankatruth[/URL] [/FONT] [/QUOTE]

Verification

Dawasata paya keeyak thibeda?

Search

Latest ads

Reply to thread