Figures in Budget 2019 incorrect

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.