Wednesday, June 08, 2005

RE:budget

Well this year's budget will go down as a manya a 1sts.
  1. it was the shortest budget in recent history (atleast to my knowledge) lasting only 2hrs
  2. it was a year when few things were increased on most tax waivers awarded eg. maize flour, sanitary pads, LPG gas
  3. fuel was not increased
  4. MPs were uncharacteristically alert with no one dozing, or being caught on camera doing so

with this year's aim to promote rapid growth, maybe many of us will now get to taste the fruits of the so called 4% economic growth, as claimed in the last financial year. One thing I think we should start is a budget review about a month before the reading of the next budget, with debate on it. This will be a source of referendum for the ministries of planning and finance, as well as an avenue for accountability to the tax payers. In the past we have not seen where/how our money is spent, maybe this may prompt the tax defaulters and evaders amongst us to come forward.

I posted soon after the reading, so there is likely to be more info from your dailies in the coming day.

One.2U all

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