COMMENT | Emphasise aid to needy, form integrity committee for budget

COMMENT | G25 joins the economists, financial analysts, business leaders, and the general public in welcoming the Parliament’s approval at the policy stage of the Second Reading of Budget 2021.

This second reading came after the Finance Minister showed appreciation for criticisms raised by MPs and made changes to provide more assistance for those badly affected by the economic effects of the pandemic. The fact that the government is willing to accommodate the demands of the opposition shows the maturity of our cabinet ministers.

It is encouraging that despite heated controversy regarding the legitimacy of the present government, our politicians are willing to put aside their differences at this time of suffering among the poor and those who lost jobs and incomes. This spirit of togetherness in fighting the pandemic will have a positive impact on business sentiment and give us confidence for a recovery next year.

The debate on the budget will now move to the second stage with Parliament going into committee session to examine the details of the financial allocations ministry by ministry.

G25 agrees with the views expressed among politicians on both sides of the aisle that the budget should convey the message of unity and therefore the allocations to ministries should not identify beneficiaries by race or religion. Nor should the budget be used for supporting the political interests of the ruling coalition partners...