Leader of the Congress of the People Winston Dookeran is describing the 2009/2010 budget as one of bankruptcy. Dookeran said the presentation by Finance Minister Karen Tesheira was filled with a lot of "fluff." "When you get behind the political spin, there is a sense of bankruptcy," he said.
This bankruptcy, he said, was evident in Tesheira's "superficial analysis of the global financial situation." He said her analysis was not realistic, citing a recent report that the US economy's current recovery was unlikely to be sustainable. Dookeran said the Government's dependence on the state sector for economic growth was another example of the bankruptcy. He said the measures introduced from the non-state sectors were minuscule.
He used the example of the $75 million being invested in agriculture, stating that that was not enough funding to put a dent in the agricultural production. Another example of the poor measures introduced to non-state sectors was Tesheira's commitment to directing more business to small contractors, he said. Dookeran questioned why this was being done now, instead of during the construction boom.