Another watered down budget; Manmoron and his team of financial advisors are clearly at a loss for ideas. There is a crying need to reduce the indirect taxes on the products that is consumed by one and all. This would only lead to more consumption which is better for the economy than persisting with the present trends which would lead to inevitable recession. Much of the “growth” of the economy has been from the services sector with almost 15% coming from this supposedly “scorching pace”. However, the supports of the economy, namely manufacturing and consumption has slumped. This has only lead to inflationary pressures and our massive dependence on oil has only worsened with ballooning oil bill.
The finance minister (may his tribe decrease) has introduced a “National Calamity Contingent Duty” on the mobiles; they are bound to get more expensive by about 1%.
Perfect timing eh, Mr Moron?