Finance Ministry Expenditure Heads taken up for debate

Finance Ministry Expenditure Heads taken up for debate

Written by Bella Dalima

21 Dec, 2013 | 7:36 am

The Expenditure Heads of the Ministry of Finance and Planning were taken up for debate in Parliament on Friday.

Here are some of the views expressed in Parliament on Friday.

UNP MP, Ravi Karunayake expressed these views;

“Your government is obtaining loans from China at an interest rate of 7.75 percent. Another one percent is added to that interest rate as an annual payment. So , if the private sector can obtain international loans at an interest rate of 3.5 percent, is it not a crime that the government is obtaining loans at an interest rate of 9 percent? Who is going to answer for this? When we ask such things, we become traitors ..”

Minister of Education, Bandula Gunawardena had these words to share;

“Currently the debt service ratio is 78 percent. It is being managed in a way that by 2106, it will be reduced to 65 percent.”

JVP Politburo Member, Anura Kumara Dissanayake asked; “Is the data presented by the government on the growth rate, accurate? It is lies. The Department of census and Statistics had a unit named the National Accountants Unit. They formulate this. What does this document say? it says that the economic growth rate is 5.5 percent. But , what are you saying? You are saying that the economic growth rate is 6 percent. How did it become 6 percent?”

He added; “The Deputy Director of that division W.G. Nigamuni has attached a note to this document. This note reads that the documents presented by you has been subject to an alteration. This is a statement made by him as the Director of the Division. Data is gathered by calling at at 10 or 11 in the night. If you in any way endanger his life or his position, it will be dealt with in parliament.”

UNP MP, Dr.Harsha de Silva shared these thoughts; “I will request from you and the government to conduct a complete study on the Provident Fund and call for a select committee for this in Parliament. We have spoken on the data issues. We do not need temporary solutions. What we need is a broad discussion on how the hard earned money of the working masses will be protected in another 50 years to come.”


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