By Sheain Fernandopulle
Figures of the government revenue stated in the Budget proposal 2019 are erroneous, Pivithuru Hela Urumaya (PHU) leader Udaya Gammanpila said yesterday.
Addressing a news briefing he said some figures have been exaggerated with a motive of hiding government’s actual economic picture.
“The Government had estimated in the budget that its revenue would be increased by 22% from 2018 (Rs.2,025 billion) to 2019 (Rs.2,464 billion). However, when considering the percentage change in government’s income from 2017 to 2018, it has only been increased by 5%,” Mr. Gammanpila said.
“At this backdrop, how could the income be increased by 22% in the year 2019 which is really harsh for the country in terms of loan repayments?” the MP questioned.