Government to use supplementary budget to tackle youth unemployment, ailing regions


A supplementary budget worth some three-point-eight
billion U.S. dollars is in the works to tackle youth unemployment and breathe life into regions
hit by corporate restructuring. In a policy coordination meeting between the
ruling party and the government on Monday — the two sides agreed to introduce a support
package for young people that find work at SMEs — which includes tax cuts and cheap
housing loans. The extra budget will also be used to provide
financial support to those that have their lost their jobs as a result. The two sides agreed that timing is key,…
calling for cooperation from rival parties to have the bill passed during the April extraordinary
session. The government will submit the bill by Friday
— and the prime minister will be giving a policy speech next Monday.

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One thought on “Government to use supplementary budget to tackle youth unemployment, ailing regions

  1. Youth unemployment has been bad for a few years now. How about instead of standing next to each other holding each others hands like a bunch of lady boys, get off your ass and do something.

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