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Figures in Budget 2019 incorrect

7 March 2019 10:31 am - 0     - {{hitsCtrl.values.hits}}

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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.   

 

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