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Mar 20, 2013

Budget debate to begin

This Thursday, thirty one representatives in the House are expected to engage in a lively battle inside the National Assembly. The Opposition People’s United Party is expected to challenge the merits of the 2013-2014 budget which was tabled by the Prime Minister on March first, Prime Minister Dean Barrow has said that his budget offers no new taxes and no cuts, while placing much emphasis on the success of the principal haircut of the renegotiated super bond. Armed with figures such as the growth of the economy by five point three percent during 2012, the PM is expected to defend his budget that the Opposition will certainly fight with tooth and nail. Opposition Leader, Francis Fonseca, has gone on record to say that the budget does not have a plan to seriously deal with the economy and health sectors. Fonseca also criticized the Prime Minister for his short speech on crime. No doubts sparks will fly across the National Assembly chamber as representatives will either defend or attack the dollars and sense of this year’s budget. 

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1 Response for “Budget debate to begin”

  1. Storm says:

    Neither party is willing to live within our means, they both continually try to find more money to borrow, which means more debt piled on future generations of Belizean workers.

    I think our constitution should require a balanced budget every year, except if we are at war. It’s immoral to overspend today, so that tomorrow’s Belizean workers have to pay our bills. Belizean children should be cursing their parents for enslaving them with debt every year.

    Is there a single Belizean leader who will support fiscal responsibility?

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