Thu, 28 Mar, 2013 03:19:16 AM FTimes-STT Report, March 28
The leaders of the oppositions Perussuomalainen (True Finn) and Keskusta (Centre) held the government responsible for reduction of the grants for the municipalities and said that the impact of the budget would affect the middle class people seriously. Leader of the Perussuomalainen, Timo Soini said that the development programmes would be hindered severely due to the government planning for reduction the allocation for Municipal Corporations.
The Keskusta party parliamentary group chairperson, Kimmo Tiilikainen said that the new budget would affect the middle and lower middle class people as it planned to hike the tax on electricity and other necessary goods. Prime Minister Jyrki Katainen termed down the allegations made by the opposition parties and said that the budget planning was dynamic and it would create a considerable number of job. The premier, however, did not mention the specific number of the job he expected to be created through the new mechanism.
She said that that the municipalities are going to be involved in the new form of practice actively. The secretary to the Finance Ministry, Martti Hetemäki also termed the budget as dynamic in a sense that it would increase the revenue due to increase the tax on Alcoholic Beverage and Sweet. The secretary said that the budget would attract also Investment as well. He said that the largest savings has taken place for cutting expenditure cut in the local administration as well as Health Insurance and Development work.
The coalition government on March 21 announced the budget planning in the parliament for the next fiscal aiming to adjust an amount of EUR 600 million. The budget planned to subside to corporate tax at 20 percent from the existing 24.5 percent. The government cut in the budget included the development cooperation, local government and state subsidies. It also planned to hike the consumption taxes on Alcohol, Tobacco, candy, sweet items and electricity. The Finance Minister said that the reform in the housing policy in this year budget would be the biggest ever housing reform. The budget increased allocation for the apprenticeship and the Helsinki Children Hospital.
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