Trimmer 2021 budget: Government plans 50 percent drop in spending
"Amid the outbreak of the coronavirus the government plans to trim the 2021 state budget to around $4 billion, accounting for about a 50 percent drop from this year’s state budget, including an 11.3 percent drop for social affairs and 6.4 percent for general administration."
Full Article:
https://www.khmertimeskh.com/50734167/t ... -spending/
Government plans 50% cut in spending
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- OneTrickPony
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So terrible rubbish collection service, power outings, and reduced education. What's changed?
Last edited by kungfufighter on Wed Jun 17, 2020 10:46 am, edited 1 time in total.
Up the workers!
- Miguelito
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You really are a miserable sod, aren't you?kungfufighter wrote: ↑Wed Jun 17, 2020 10:42 amSo terrible rubbish collection service, power outings, and no education for the children. What's changed?
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- OneTrickPony
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No. I'm actually quite jolly.Miguelito wrote: ↑Wed Jun 17, 2020 10:45 amYou really are a miserable sod, aren't you?kungfufighter wrote: ↑Wed Jun 17, 2020 10:42 amSo terrible rubbish collection service, power outings, and reduced education for the children. What's changed?
Up the workers!
There's nothing to be jolly about, as it will probably result in increased crime, higher fees and taxes on everything, and a destabilized society, overall.
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- OneTrickPony
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Like I said, what's changed?
If you can't laugh, you have to cry.
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Up the workers!
- Felgerkarb
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Holy...SHIT. The big news is buried in the article. 24% increase in revenue generation, that means tax and fee hikes.
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Why are the gods such vicious cunts?
Where is the god of tits and wine?
Why are the gods such vicious cunts?
Where is the god of tits and wine?
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- Where Did All the People Go?
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They have been ramping up tax compliance by similar increments for a while now.Felgerkarb wrote: ↑Wed Jun 17, 2020 11:39 amHoly...SHIT. The big news is buried in the article. 24% increase in revenue generation, that means tax and fee hikes.
- Bong Burgundy
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What about the billions in gold and foreign reserves?
https://vodenglish.news/cambodia-has-to ... -sen-says/
Nagaworld staff petitioning govt for $40 a month hardship payments after being laid off....
https://cambojanews.com/nagaworld-casin ... cial-help/
.....while the company NagoCorp made a record $521.3m after-tax profit in 2019.
https://calvinayre.com/2020/02/10/casin ... umps-2019/
It's going to be a tough road ahead.
https://vodenglish.news/cambodia-has-to ... -sen-says/
Nagaworld staff petitioning govt for $40 a month hardship payments after being laid off....
https://cambojanews.com/nagaworld-casin ... cial-help/
.....while the company NagoCorp made a record $521.3m after-tax profit in 2019.
https://calvinayre.com/2020/02/10/casin ... umps-2019/
It's going to be a tough road ahead.
Bringing the news. You stay classy, nas, Cambodia.
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- OneTrickPony
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Classic.Bong Burgundy wrote: ↑Wed Jun 17, 2020 12:07 pmWhat about the billions in gold and foreign reserves?
https://vodenglish.news/cambodia-has-to ... -sen-says/
Nagaworld staff petitioning govt for $40 a month hardship payments after being laid off....
https://cambojanews.com/nagaworld-casin ... cial-help/
.....while the company NagoCorp made a record $521.3m after-tax profit in 2019.
https://calvinayre.com/2020/02/10/casin ... umps-2019/
It's going to be a tough road ahead.
Don't forget the 3 billion that is always marked 'other' in the budget.
I propose they do a supercar auction. Should raise another half a billion.
Up the workers!
I’m no mathematician but if they are slashing spending by 50 percent and the two areas they mention in the article - social affairs and general administration - are cut by only 11.3 and 6.7 percent respectively, then sure some other spending areas are going to be have to be cut by much much more than 50 percent.
- Felgerkarb
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Ya, the math is funny in the article.
But to be fair, the government budget has been increased substantially in the last few years. As noted in the article, last year saw a 22% increase, so this budget cut is bringing the budget down more in line with the way it was a few years back.
Considering how young most of the various ministries employees are, there are going to be very few jobs in government opening up down the line.
But to be fair, the government budget has been increased substantially in the last few years. As noted in the article, last year saw a 22% increase, so this budget cut is bringing the budget down more in line with the way it was a few years back.
Considering how young most of the various ministries employees are, there are going to be very few jobs in government opening up down the line.
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Why are the gods such vicious cunts?
Where is the god of tits and wine?
Why are the gods such vicious cunts?
Where is the god of tits and wine?
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