Fiscal Deficit Measures;How Tangible Is The Government Afro Cut Compared With The People'S Hair

As it stands now, you are going to receive a zero percent interest in 2023, which is a haircut five percent um only interest for the institutional bondholders, including Banks, French Pension funds, Insurance firms Etc. Five percent in the 2024 and then 10 percent 25 till maturity. This is assuming you saw a waking up and don't know what's happening in the last few days. So that's the basis and that's the haircut that government is imposing on you. So then government says well. We are doing that. We are asking you to take that significant haircut right, so we need to also meet you halfway. So in the 2023 budget government then presents additional measures to trim down its afro right, so what the government propose to do to trim down their afro 50 Cuts in four allocations to public political appointees is one of them abandon the use of V8s and v6s or Equivalent, except in cross-country, then there was limited budget allocations for purchase of vehicles as well, which was put up. We put a a three question marks there when you said limited buyer to allocation for purchase of vehicles. What exactly is that they? The overriding common theme? You see it is a vagueness of the afro Cuts, because the afro-cats do not put numbers to the cuts, but when you go to the people's haircut numbers, it is tangible right because when they say zero percent, tangible five percent, tangible ten percent tangible, you can touch The people's haircuts, but why can't you not touch the government's afro-cat? It'S a it's a very fair question to ask because look at them: five, fifty percent cut in four location. Yeah. You can touch that ban on the use of V8s. Who is monitoring that who is monitoring that I mean even a 50 cutting for our location to political appointees? Who is monitoring to ensure that that this actually is happening? But when I say you can't touch it, it's not tangible enough. How much is this saving us exactly 50 means nothing unless you can put a proper real value to it. That'S what I maintain, because when you, when you look at the people's cut the people's haircut, it is saving this economy in terms of debt servicing and the debt burning 137 billion CD, so hard number, you can't get it wrong but 50. How much is it that the government afro is saving us when they cut 50 in terms of allocation, for we don't know, so that is one of the key differences in the way the government is treating its afro and how they are treating the people's haircut and Then you come to limited budget, then you come to only essential um official foreign travel across government, including soe, shall be allowed only essential okay, so who defines what is essential? And what is not the few ministers that we saw post the budget, because this was in the budget who traveled to Qatar to go and watch the black stars? Was that an essential official foreign travel? It'S a question, we don't know, don't be. They went on their own Evolution, they use their own money to buy the tickets, you know - and this is on their own budget, so maybe that didn't qualify they're, not using the taxpayers money, so they didn't need to go through this sort of approval process. But those are fundamental, relevant questions that we need to ask, and there was more government sponsored external training for officials also going to be cut. Reduction of expenditure and appointments, suspension of housing, utilities and or non-government agencies will be no will not be established in 2023 reduction. In the size of convoys, these are good, but are they enough remember the discrepancy in the treatment of the people's haircut and the government's afro cut is that these ones have to quantify what they are delivering in terms of real value to you, but in the people. Second, you can quantify here: it is for the people's haircut hard numbers 137, and we did this calculation for you tomorrow by ourselves Yesterday by ourselves, because then you give you we we, if you look at our total debt stock, this people's haircut will deliver 29.31 percent Um reduction in the total public debt, so the people's haircut. Clearly it's going to deliver some significant huge benefits to us that you can quantify how come to so. What percentage reduction in the public debt stock will? Will the government afro Cuts deliver?