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PDP seeks answers

Avinesh Gopal
Wednesday, November 13, 2013

THE People's Democratic Party believes the government is using capital expenditure on infrastructure combined with a reduction in taxation to stimulate the economy.

And it has asked how would the expenditure be funded.

PDP's interim president Adi Sivia Qoro said there was little in the budget address about boosting the export/import replacement sectors.

"These are critical and PDP emphasises that unless the export/import replacement sectors are strengthened, it will prove impossible to repay the debts already incurred," she said.

"Improvement in infrastructure and social services outlined in the budget speech, while valuable, will have to be paid for.

"This will require foreign exchange earned through the export/import replacement sectors."

Adi Sivia said the export/import sectors should therefore be the focus of any economic policy and this should be reflected in the budget.





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