ANJE rejects subsidies

[NewsWhore]

The National Young Entrepreneurs Association (ANJE) has declared that the increase in government subsidies for propane gas (LPG) and electricity contained in the 2008 budget "goes against what should be an effort to reduce the subsidies." ANJE president Joel Santos told reporters from El Caribe that as well as the subsidy increases for LPG and electricity, there is another subsidy for diesel fuel and probably one for the Metro project. According to the ANJE spokesman, this trend shows the absence of a mid- and long-term austerity policy. Santos said, "the authorities are forgetting about the Austerity Law, which ends on 31 December of this year." In his observations on the budget submitted to Congress, Santos also pointed out issues of allocations to education and public health, stating that "this lack of compliance with the percentages assigned to these entities by law should give us pause for thought."

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