November 23, 2012

It’s a well planned budget-Punja

Publish date/time: 23/11/2012 [07:03]

Consumer Council CEO, Premila Kumar said the people in the lower income bracket have been rewarded in the 2013 budget.

Flour Mills of Fiji and Fiji Manufactures Association Chairman, Hari Punja said this is a well planned budget.

The Fiji Labour Party said it is an irresponsible budget.

Leader Mahendra Chaudhry said this will drive the nation into a deeper debt trap for which our future generations will suffer.

He added that the Budget projects a deficit of 2.8%, up from 1.9% and the promises made will undoubtedly have to be met from borrowed funds.

Chaudhry stressed that Fiji's debt situation is already critical and the nation cannot continue to survive on borrowed funds.

Story by: Vijay Narayan

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