The government’s attempt today to restore allocations cut from the budget will only be supported if adequate information is forthcoming as to why the spending is necessary, according to Shadow Finance Minister Carl Greenidge.
Financial papers 1 and 2 of 2012, tabled by Finance Minister Dr Ashni Singh last week, are being debated in the National Assembly today—the last sitting before the parliamentary recess—and Greenidge told Stabroek News yesterday that the only item assured of support is the expenditure sought to cover the increase approved for old age pensions.
The expenditure sought in the financial papers totals $14 billion, and Greenidge said that the old Age pension increase – which accounts for $635 million – and an allocation in the
