“Special law aimed at protecting Minister Hoefdraad”
Parliament has reportedly received the proposed temporary amendment of the State Debt Act from President Desi Bouterse. The amendment is aimed at raising the loan limit from 60 to 80% for the next 4 years. The opposition has strongly condemned the government’s intentions because the proposed changes to the legislation would make it impossible to prosecute the Finance minister for exceeding the loan limit. The government has proposed to raise the limit with 20% from November 1, 2016 until November 1, 2020. MP Gregory Rusland (NPS) is shocked by the fact that the government has included this temporary form of immunity in the amendment. He pointed out that the intentions of the government are obvious. “The amendment will make it impossible to hold the minister accountable for mismanagement at the Ministry of Finance,” said MP Rusland who predicted that raising the loan limit will create serious problems. He explained that national production currently can’t cover huge loans. “We fear that things will keep getting out of hand,” said MP Rusland who is also the chairman of the National Party Suriname.