Public investment is the way to increase prosperity for the whole nation, say opposition parties
After being chided for what some believed was a reneging on aspects of their ‘Fair Solution’ campaign, the opposition Social Democrats and Socialist People’s Party have come out with a new budget proposal aimed at stimulating growth through public investments.
Introduced on Monday, the proposal for 2011 would send 10 billion kroner to the public sector in an effort to create 15,000 jobs. The money would be invested in the infrastructure, energy renovation, climate acclimatisation and general renovations.
Other key points of the proposal are:
• 1.35 billion kroner allotted to education, including 750 million kroner to the primary and secondary school system aimed at increasing the number of students completing their educations. Research appropriations would remain as they are at present.
• Council estate housing would be improved with a 1 billion kroner allotment, while another billion would be set aside for the construction of more public flats and youth activity houses.