11 January, 2026, 12:08 pm Central - 28°C Rain

The budget is based on assumption which will result in hopelessness and despair - Prasad

The budget is based on assumption which will result in hopelessness and despair - Prasad

By Shanil Singh
17/07/2021
National Federation Party Leader Professor Biman Prasad. [Image: File Photo]

National Federation Party Leader Professor Biman Prasad says the 2021/2022 National Budget is just based on the assumption, that will like all other budgets in recent years result in hopelessness and despair.

Professor Prasad says the Minister for Economy has carefully avoided giving any information on the COVID-19 crisis and is imagining that everything will be magically resolved by 31st October.

He adds there is a lot of uncertainties, doubts and lack of carefully planned expectation of what is likely to happen in the next couple of months.

The NFP Leader also says he feels that the projection in the revenue is overestimated and not realizable.

He adds the Minister has conveniently avoided talking about the crisis which is affecting the country at the moment.

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