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| Inflation and the poor people - Photo: internet |
*Independente, February 4, 2013 language source: Tetun
Former Prime Minister Mari Alkatiri proposes to decrease inflation by investing more in productivity sector, as a response to this issue, current Prime Minister, Xanana Gusmao pledges to decrease the inflation.
Xanana Gusmao said even though the inflation was 11 percent, but there was a significant increase in the economic growth which achieved 15, 4 percent in 2011.
"We know that there is an increase price in food and raw materials which reduce Timorese people's capacity to buy their necessities," he said when presenting 2013 State Budget in National Parliament Monday 4.
He added that the Government would allocate the State Budget to Public and Private sectors and fishery to contribute to the productivity for short and medium terms.
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