Do not press a panic button: Treasurer

Sinasina-Yongomugl MP Kerenga Kua has claimed that the Government’s Supplementary Budget passed in August this year has not been realigned with the revenue the government is getting.

Kua directed his questions to Treasurer Patrick Pruaitch during Parliament on Tuesday asking for an assurance about the 2017 Budget before the Government tabled it.

He claimed that the revenue had not been keeping phase with the expenditure component of the Budget.

“Can the Treasurer give us some assurance that he will be able to align the expenditure with the revenue so that we can be fully execute the budget before the end of the year?”

Pruaitch in response assured the Parliament not to press  the panic button in regards to the current economy status the country is going through.

He assured Members of Parliament that when the year ends, the government will balance its budget books.

“Warrants have been released and the Government has been paying its bills including wages and salaries and other government commitments.

“I don’t see any reason for us to press a panic button but to make sure that the Government has been aligning to its commitment,” Pruaitch said.

He assured the people of the country that the Government is in control of the economy and no doubt will meet all its commitments.

Freddy Mou