2020 Budget: A prudent budget

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NSTopinion: The government is working towards fulfilling promises, but not losing sight of the larger picture

To be sure, democratically-elected governments need always to craft policies with an eye on popular sentiments. But for the sake of the nation over the long term, budgetary responsibility and fiscal rectitude trumps all other considerations.

The overall single most prudent thing to watch out for and to never let happen again is to have the prime minister double up as his own finance minister. Executive power must be checked from within as the first and probably the most critical line of defence against grievous governmental abuses. In fairness to the government, there is evidence that it is struggling to meet the promises as much as possible while not losing sight of the larger picture — to continue to grow the economy and stimulate promising future drivers of growth; all the while taking care to not blow a bigger hole in the budgetary deficit.

Meanwhile, the government struggles to bring in new sources of revenue. New taxes are never politically popular. But can it not cut wastage further? What happened to the effort to make a dent to the burden of a rather expansive civil service?

 

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Which is what exactly.. Y the hell did we vote for PH.. Failed promises.. No difference with previous government

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