Jamaica Gleaner / The opposition has sought to explain that it walked out of Parliament before the vote on the Budget this afternoon because it could not support it and to vote no would have spelt catastrophe for Jamaica.
Speaking with the media after the walkout opposition spokesman on finance Dr Peter Phillips said he and his colleagues could not in good conscience vote for the budget and so they protested.
“The fact is that the circumstance of a successful ‘no’ vote in the Parliament at this time would have had catastrophic and far-reaching implications for the country as a whole and its credibility in the financial markets and the stability of the country ? social and political.”
The $710 billion budget which will see $13.5 billion in additional taxes being imposed was passed after the walkout.
IN PHOTO: Finance Minister Audley Shaw
The opposition has blasted the tax package calling it ill-conceived and reckless.
Earlier, while Finance Minister Audley Shaw was closing the Budget Debates, some opposition members chanted that he should roll back the taxes.