Tonga's biggest budget depends on donor pledges
Tuesday, June 11, 2013 - 14:36
The Minister of Finance, Hon. Lisiate 'Akolo has launched Tonga's biggest ever national budget amounting to T$357.6 million for the 2013-14 financial year, and expressed concern over low returns to government from public enterprises.
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Comments
Budget for the Government
Budget for the Government
An increase of 11.08% for government ministries and govt. bodies in the current economic climate is not a prudent move. A smaller govt would mean less tax money being spent and the flow on effect is reduced regulation which stimulates the private sector. Are there any efficiencies or increased capacity building happening in the public service? Another point is that govt assisting business such as Real Tonga Airline, am sure that Chatham airlines never got the same form of assistance.
'Count the cost,before build
'Count the cost, before build the house' 'a e 'budget' lelei taha. Hange kiate au 'oku feinga pe 'a e minisita pa'anga ia ke nofo pe 'a Tonga 'i he 'HIGH RISK' koe'uhi ke peseti 100% pe 'a hono ma'u 'o e me'a'ofa (grants) meihe ngaahi pule'anga ta'e totongi ha seniti 'e taha. 'Oua te tau hifo ki he 'MEDIUM RISK' koe'uhi te tau totongi 'a e peseti 50% 'o e me'a'ofa (grants) te tau ma'u. Ko e mo'ui kainikavea, 'oku 'ikai koha mo'ui taau ia ke fa'u 'aki ha pule'amga. SAIA