Tuesday, November 25, 2008

On allowance

President Nasheed said in a media briefing recently, two thousand rufiyaa allowance he is planning to give from January, to the senior citizens of this nation will raise nation wide productivity! I couldn’t make much sense out of what Mr. Nasheed has said.

Citizens who are entitled for the allowance in question fall into dependent age group thus, providing such allowance will not necessarily contribute to the growth of productivity. On the contrary, such allowance may increase spending.

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