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Govt. trapped in major financial quagmire: UNP
UNP
parliamentarian Harsha de Silva today insisted that the government was facing a
major crisis because it has got its priorities mixed up.
Addressing a media briefing in Colombo, he alleged that instead of cutting down on unnecessary expenses the government cut down on vital expenses in order to bridge the budget deficit. "It allocates more money on unnecessary things such as developing the roads and tiling the pavements than the allocation on important sectors like higher education. He revealed that the government had cut down on the Capital expenditure of the Higher education by 47% in 2011 but had allocated more on roads and tiling the pavements which was of less priority," he said. Mr. de Silva said even though the government was bragging about a free education in the country, people had spent more than the amount spent on education by the government to receive education. He further said the economic progress in the country had reduced drastically than what it was during the time of the war. The budget deficit had been increasing year by year. Mr. de Silva said the estimated budget deficit was 6.2% for this year but within the first six months it reached 5.67%, with six more months to go. It is clear that within the next three months electricity bills, fuel prices and levies on special commodities would increase, he said. (Ajith Siriwardana)
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