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"speaker_name": "Hon. Lati",
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"legal_name": "Jonathan Lelelit Lati",
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"content": "However, hon. Temporary Deputy Speaker, the new VAT Act of 2013 is, indeed, a progressive Act and offers a simpler VAT compliance system. This will ensure easier running of businesses in our country. Earlier, I heard somebody talking about the fertiliser subsidies and farming subsidies being a bad thing. However, I want to say that farming subsidies are something that has been practised the world over, particularly in times when countries are undergoing bad economic times. If you look at the history of the United States of America (US), from the great depression of 1930s to date farmers still receive subsidies. That has provided the US with a very good platform and comparative advantage over other countries when it comes to farm inputs. So, it is very sad to hear some of our Members, who come from agricultural communities, trying to demonise subsidies that are provided to farmers."
}