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View Full Version : ANJE: government still overspending



NewsWhore
04-04-2007, 02:30 PM
The president of the Young Entrepreneurs Association (ANJE), Joel Santos, told reporters that the government is not fulfilling its announced austerity program and is thus in violation of Law 497-06 on Austerity in the Public Sector. According to Santos, Law 497-06 is aimed at lowering government payrolls, propaganda, per diems and junkets, among other things. Santos cited data from the Ministry of Hacienda that indicates that current expenditure has actually increased by 25.6%, including foreign debt repayments. Even if interest payments are excluded, the overall increase is still 24.8%, and the increase in advertising spending was 100.4% for the period January-February. According to an article in Hoy, government income increased by 22% in the first two months of the year, "and this proves that the government could have covered its expenses if it had implemented an austerity program."

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