Full speech: Budget 2013
Transcript of Full speech: Budget 2013
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7/29/2019 Full speech: Budget 2013
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28>?
Bujmgt _pggod
K`f`stgr ie E`fnfog
Xrnv`f Mirjdnf
2= Egbrunry 28>?
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@_BF< 0=4-8-52>-:>:75->RX< ?:7/28>2
Zi ibtn`f oip`gs pagnsg oiftnot>7Xrgtir`n888>Zga< +2= >2 ?>7 7725Enx< +2= >2 ?>7 7>25
Bujmgt jioukgfts nrg nvn`anbag nt< www.trgnsury.miv.zn
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28>? Bujmgt _pggod
>
Difiurnbag _pgncgr
@ dnvg tdg difiur ti prgsgft tdg eiurtd bujmgt ie Xrgs`jgft \ukns
njk`f`strnt`if.
Kr Xrgs`jgft yiu sn`j `f tdg _tntg ie tdg Fnt`if njjrgss tdnt wg sdiuaj put
_iutd Ner`on e`rst. Naa ie us dnvg n pntr`it`o juty nfj rgspifs`b`a`ty ti bu`aj nfj
prikitg iur oiuftry. Piu eurtdgr sn`j Zdg Fnt`ifna Jgvgaipkgft Xanf
priv`jgs n pgregot vgd`oag eir uf`tgj not`if prgo`sgay bgonusg `t dns tdg suppirt
ie _iutd Ner`onfs noriss tdg pia`t`ona nfj ouaturna spgotruk. Agnjgrs `f gvgry
nvgfug sdiuaj bg rgnjy ti r`sg nbivg sgot`ifna `ftgrgsts nfj w`td mrgnt
kntur`ty, puaa timgtdgr ti tncg td`s oiuftry eirwnrj.
Zd`s odnaagfmg nppa`gs ti naa sgot`ifs ie iur sio`gty< bus`fgss, anbiur, puba`o
rgprgsgftnt`vgs, not`v`sts nfj o`t`zgfs `f gvgry pnrt ie tdg oiuftry.
Ns wg pi`ftgj iut `f tdg 28>2 Bujmgt, maibna goifik`o ufogrtn`fty w`aa rgkn`fw`td us eir sikg t`kg.
_iutd Ner`ons goifik`o iutaiic `s `kpriv`fm, but rgqu`rgs tdnt wg not`vgay
pursug n j`eegrgft trnlgotiry `e wg nrg ti njjrgss tdg odnaagfmgs ndgnj.
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Wfjgr yiur agnjgrsd`p Kr Xrgs`jgft, wg dnvg ipgfgj fgw odnffgas ie
oikkuf`ont`if nfj bu`at kirg oidgs`if nkifm cgy stncgdiajgrs `f _iutd
Ner`on. ]g dnvg tncgf knfy stgps ti orgntg tdg oifj`t`ifs eir d`mdgr agvgas ie
oife`jgfog `f iur goifiky nfj sio`gty. Fiw wg nrg rgnjy ti `kpagkgft tdg
Fnt`ifna Jgvgaipkgft Xanf.
_iutd Ner`onfs dnvg n r`od d`stiry ie not`fm timgtdgr eir n bgttgr euturg.
Zd`rty ygnrs nmi, tdg Wf`tgj Jgkiornt`o Erift briumdt timgtdgr pgipag iemiijw`aa nfj eirgs`mdt erik naa oirfgrs ie tdg oiuftry. Knfy pi`fts ie
v`gw, knfy j`eegrgfogs `f npprinod, wgrg knrsdnaagj nriufj n s`fmag
onusg bu`aj`fm n uf`tgj nfj fif-rno`na sio`gty. ]g j`j tdg snkg eir tdg
e`rst jgkiornt`o gagot`ifs `f >00: wd`od an`j tdg bns`s eir nf gfjur`fm
jgkiornoy.
Zdg Rgoifstruot`if nfj Jgvgaipkgft Xrimrnkkg `s tdg eiufjnt`if ifwd`od wg bu`aj. @t sn`j00:, wg sgg tdg`kpirtnfog ie n aifm-tgrk pgrspgot`vg if jgvgaipkgft nfj odnfmg. @t `s
pgipag not`fm timgtdgr eir n oikkif v`s`if tdnt oiffgots tdg pnst ti tdg
prgsgft, nfj kncgs n bgttgr euturg piss`bag.
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Zdg odnaagfmg eir us, difiurnbag kgkbgrs, `s tdnt pgipag nrg nsc`fm `e wg onf
sustn`f iur k`rnoag. Zdgy nrg nsc`fm wdgtdgr wg ns n fnt`if dnvg tdg nb`a`ty,
tdg w`aa nfj tdg w`sjik ti tncg nfitdgr agnp eirwnrj `f rgoifstruot`fm nfj
jgvgaip`fm _iutd Ner`on. Zdgy nrg nsc`fm wdgtdgr _iutd Ner`onfs onf st`aa sdiw
tdg wiraj diw ti ivgroikg `ftrnotnbag pribagks tdnt enog tdg oikkuf`ty ie
fnt`ifs. @f tdgsg try`fm t`kgs, _iutd Ner`onfs tii nsc tdg qugst`if, onf wg bg
n w`ff`fm fnt`if9.
Ie oiursg wg onf!
Ns Bgfgj`ot Kifmnai, n yiufm knf erik Lidnffgsburm, wr`tgs `f d`s t`p< ]g
naa nocfiwagjmg tdnt ufgkpaiykgft, pivgrty nfj `fgquna`ty nrg tdg mrgntgst
odnaagfmg eno`fm iur oiuftry ]g w`aa fit grnj`ontg td`s pribagk ivgrf`mdt..
Zd`s `s a`cg knfunaay kiv`fm n kiuftn`f nfj tdg ifay wny ti ji `t, `s ti kivg
ifg rioc ns`jg nfj tdg fgxt mgfgrnt`if, ir fgxt mivgrfkgft, w`aa ji tdg snkguft`a td`s kiuftn`f `s kivgj.
Dipg nfj oife`jgfog oikg erik gfgrmgt`o `fviavgkgft nfj n w`aa`fmfgss ti
kncg n j`rgot oiftr`but`if ti odnfmg. Zdg `kpgrnt`vgs ie odnfmg nrg fit lust
odnaagfmgs ti mivgrfkgft, tdgy oiferift naa ie sio`gty. N fgw ernkgwirc eir
jgvgaipkgft `s nf ippirtuf`ty ti uf`tg nriufj nf `foaus`vg v`s`if, nfj li`f
dnfjs `f oifstruot`fm n sdnrgj euturg.
Zdg Fnt`ifna Xanff`fm Oikk`ss`if dns onut`ifgj tdnt iur jgvgaipkgftiblgot`vgs w`aa tncg t`kg nfj dnrj wirc ti nod`gvg. Kgnsurgj ygnr by ygnr,
j`str`ot by j`str`ot, tdgrg w`aa bg njvnfogs nfj tdgrg w`aa bg sgtbnocs. But `f gnod
e`vg-ygnr tgrk ie mivgrfkgft wg kust jgkifstrntg, ns wg dnvg s`fog >00:,
tdnt wg onf kggt kirg jgknfj`fm k`agstifgs kirg libs, kirg gftgrpr`sgs,
kirg tgodfiaim`ona `ffivnt`if, bgttgr dius`fm, primrgss `f gjuont`if nfj
dgnatd.
]irc`fm timgtdgr wg naa cfiw tdnt wg onf ji bgttgr. Naa ie us - o`t`zgfs,
tnxpnygrs, puba`o sgrvnfts, tgnodgrs, not`v`sts, knfnmgrs, wircgrs wg naa dnvg
n sdnrgj euturg, nfj wg dnvg n sdnrgj panf ti kncg `t wirc.
Zdg Bntswnfns sny, _gj`cwn cg ftwn pgj` mn sg tdntn - wirc`fm timgtdgr
wg onf ji kirg!
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28>? Bujmgt _pggod
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Ivgrv`gw ie tdg 28>? Bujmgt
Zdg 28>? Bujmgt `s prgsgftgj `f odnaagfm`fm t`kgs, but nmn`fst tdg bnocmriufj
ie n fgw strntgm`o ernkgwirc eir mriwtd nfj jgvgaipkgft. Zd`s `s n bujmgt `f
wd`od tdgrg `s a`k`tgj riik eir gxpnfs`if, ygt tdgrg nrg s`mf`e`onft ippirtuf`t`gseir odnfmg.
Zdgrg nrg s`mfs ie `kprivgkgft `f tdg wiraj goifiky, tdiumd tdgiutaiic rgkn`fs triubagj.
_iutd Ner`ons goifiky dns oift`fugj ti mriw, but nt n saiwgr rntg tdnfprilgotgj nt tdg t`kg ie tdg 28>2 Bujmgt.
Zdg 28>? Bujmgt tncgs tdg Fnt`ifna Jgvgaipkgft Xanf ns `ts pi`ft iejgpnrturg. Zdg strntgm`o panfs ie mivgrfkgft nfj tdg kgj`uk-tgrk
gxpgfj`turg panfs w`aa bg na`mfgj ti rgna`sg iur iblgot`vgs.
Mivgrfkgft dns tncgf kgnsurgs ti oiftria mriwtd `f spgfj`fm._pgfj`fm panfs dnvg bggf rgjuogj by R>8.: b`aa`if tdriumd
rgpr`ir`t`snt`if, snv`fms nfj n jrnw-jiwf if tdg oift`fmgfoy rgsgrvg.
Mivgrfkgft rgkn`fs oikk`ttgj ti n anrmg-sonag `fernstruoturg`fvgstkgft primrnkkg.
Iur pntd ie spgfj`fm nfj tdg rgoivgry `f rgvgfug w`aa stnb`a`sg jgbt ntlust d`mdgr tdnf :8 pgr ogft ie MJX. Zdg bujmgt jge`o`t w`aa enaa erik 7.2
pgr ogft ie MJX `f 28>2/>? ti ?.> pgr ogft `f 28>7/>5.
N rgv`gw w`aa bg `f`t`ntgj td`s ygnr ie iur tnx pia oy ernkgwirc nfj `ts riag`f suppirt`fm tdg iblgot`vgs ie `foaus`vg mriwtd, gkpaiykgft,
jgvgaipkgft nfj e`sona sustn`fnb`a`ty.
@f tdg 28>?/>: e`sona ygnr, pgrsifna `foikg tnx rga`ge ie R= b`aa`if `smrnftgj.
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N fgw aiona mivgrfkgft gqu`tnbag sdnrg eirkuan `s pripisgj, priv`j`fmn subs`jy eir ergg bns`o sgrv`ogs jgs`mfgj ti rgnod 70 pgr ogft ie
diusgdiajs.
Eurtdgr gjuont`if nfj trn`f`fm w`aa oift`fug ti bg gxtgfjgj nfjgfdnfogj.
Nfj eiaaiw`fm onrgeua oifs`jgrnt`if ie `fputs erik vnr`ius stncgdiajgrs,n rgv`sgj yiutd gkpaiykgft `fogft`vg w`aa bg tnbagj `f tdg Diusg,
timgtdgr w`td n pripisgj gkpaiykgft `fogft`vg eir spgo`na goifik`o
zifgs.
@f td`s bujmgt wg oift`fug ti `fvgst `f gjuont`if, dgnatd, dius`fm, puba`otrnfspirt nfj sio`na jgvgaipkgft oikpifgfts ie tdg sio`na wnmg
wd`od njj up ti nbiut 58 pgr ogft ie puba`o gxpgfj`turg.
Maibna s`tunt`if
Zdgrg nrg s`mfs ie `kprivgkgft `f tdg wiraj goifiky, tdiumd tdg iutaiic
rgkn`fs triubagj. Mriwtd `s st`aa kutgj `f tdg Wf`tgj _tntgs nfj Lnpnf, nfj
kuod ie Guripg `s `f rgogss`if. Xia`oy `ftgrvgft`ifs by tdg knlir ogftrna bnfcs
wgrg fggjgj jur`fm 28>2 ti nvgrt fgw goifik`o nfj e`sona or`sgs. Pgt knfynjvnfogj goifik`gs oiftrnotgj jur`fm tdg eiurtd qunrtgr ie 28>2 nfj maibna
prispgots nrg gxpgotgj ti `kprivg ifay knrm`fnaay, erik mriwtd ie ?.2 pgr ogft
`f 28>2 ti ?.7 pgr ogft `f 28>?. Gkgrm`fm knrcgts, pnrt`ouanray Od`fn nfj @fj`n,
oift`fug ti agnj maibna mriwtd, natdiumd nt aiwgr rntgs tdnf bgeirg.
D`md agvgas ie jgbt nrg `fd`b`t`fm primrgss `f knfy oiuftr`gs. Pgt kgnsurgs ti
rgjuog `fjgbtgjfgss dnvg tdg geegot ie diaj`fm bnoc mriwtd. Wfgkpaiykgft
rgkn`fs d`md `f knfy oiuftr`gs, ygt tgodfiaim`ona primrgss oift`fugs ti rgjuog
jgknfj eir anbiur `f knfy `fjustr`gs. Nriufj tdg wiraj, `fgquna`ty `s eugaa`fm
j`soiftgft.
_i tdgrg nrg pnrnaagas bgtwggf tdg maibna goifik`o j`soiursg nfj iur iwf
pia`oy odnaagfmgs. @f sggc`fm n prnmknt`o bnanfog bgtwggf rgoivgry nfj
oifsia`jnt`if, bgtwggf goifik`o piwgr nfj sio`na sia`jnr`ty, bgtwggf
`fernstruoturg `fvgstkgft nfj duknf jgvgaipkgft, bgtwggf gfoiurnm`fm
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gftgrpr`sg nfj rgmuant`fm knrcgts wg nrg mrnppa`fm w`td `ssugs tdnt oiferift
knfy itdgr fnt`ifs.
_iutd Ner`ons goifik`o iutaiic
_iutd Ner`ons goifiky dns oift`fugj ti mriw, but nt n saiwgr rntg tdnf
prilgotgj nt tdg t`kg ie tdg 28>2 Bujmgt. MJX mriwtd rgnodgj 2.7 pgr ogft `f
28>2 nfj `s gxpgotgj ti mriw nt 2.= pgr ogft `f 28>?, r`s`fm ti ?.4 pgr ogft `f
28>7. @feant`if dns rgkn`fgj kijgrntg, w`td oifsukgr pr`ogs r`s`fm by 7.= pgr
ogft `f 28>2 nfj prilgotgj ti `forgnsg by nf nvgrnmg ie 7.7 pgr ogft n ygnr
ivgr tdg pgr`ij ndgnj.
Diwgvgr, iur trnjg pgreirknfog `s diaj`fm us bnoc. Gxpirts mrgw by lust >.>
pgr ogft `f rgna tgrks anst ygnr, wd`ag `kpirts `forgnsgj by =.2 pgr ogft. Zdgjge`o`t if tdg ourrgft nooiuft ie tdg bnanfog ie pnykgfts wns 5.> pgr ogft ie
MJX. Zd`s kgnfs, `f s`kpag tgrks, tdnt gxpgfj`turg `f tdg _iutd Ner`onf
goifiky gxoggjgj tdg vnaug ie prijuot`if nfj `foikg by nbiut R>08 b`aa`if
anst ygnr. Zd`s `s pnrtay n oifsgqugfog ie tdg j`srupt`if ie k`f`fm sgotir not`v`ty
nfj tdg struoturna rgjuot`if `f k`fgrna gxpirts jug ti aiwgr jgknfj.
_ikg ie tdg eiufjnt`ifs ie enstgr mriwtd nrg `f panog. _trifm onp`tna `fvgstkgft
by tdg puba`o sgotir, tdg njj`t`if ie gagotr`o`ty-mgfgrnt`fm onpno`ty, rgant`vgay
stnbag `feant`if nfj aiw `ftgrgst rntgs w`aa suppirt `kprivgj mriwtd rntgs ivgr
tdg kgj`uk tgrk.
But td`s `s fit gfiumd. Kuod kirg `s fggjgj. @f pnrt`ouanr, n s`mf`e`onft
`forgnsg `f pr`vntg sgotir `fvgstkgft nfj oikpgt`t`vgfgss `s fggjgj `f tdg
w`jgr goifiky< nmr`ouaturg, knfuenotur`fm, tiur`sk, oikkuf`ont`ifs gvgry
sgotir dns ti pany `ts pnrt `f gxpnfj`fm trnjg, `fvgstkgft nfj lib orgnt`if.
Zdg Fnt`ifna Jgvgaipkgft Xanf< n fgw trnlgotiry
Zdg FJX, suppirtgj by tdg Fgw Mriwtd Xntd nfj itdgr primrnkkgs, `fv`tgs
us ti aiic bgyifj tdg oifstrn`fts ie tdg prgsgft ti tdg trnfseirknt`if
`kpgrnt`vgs ie tdg fgxt twgfty nfj td`rty ygnrs.
Zdgsg `kpgrnt`vgs nrg nargnjy nppnrgft `f tdg rgna`t`gs ie tdg sio`na nfj
goifik`o rgstruotur`fm tdnt `s ufjgr wny.
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Zdg e`rst rgna`ty `s iur jgkimrnpd`o trnfs`t`if n k`aa`if yiufm pgipagagnvg sodiia gvgry ygnr, nfj wg fggj n pnocnmg ie rgeirks tdnt w`aa
`kprivg gjuont`if, trn`f`fm nfj wirc ippirtuf`t`gs eir yiufm pgipag.
Zdg sgoifj `s tdnt wg nrg n rnp`jay urbnf`s`fm sio`gty. Zd`s kgnfs wgfggj ti kggt urmgft jgknfj eir dius`fm, kuf`o`pna sgrv`ogs, sodiias,
oa`f`os, puba`o trnfspirt nfj oikkgro`na jgvgaipkgft, but `t `s nasi
kgnfs wg dnvg nf ippirtuf`ty ti bu`aj nf `ftgmrntgj urbnf anfjsonpg,
w`td geegot`vg pnrtfgrsd`ps bgtwggf kuf`o`pna`t`gs, aiona bus`fgssgs nfj
o`v`o nssio`nt`ifs.
N td`rj `kpgrnt`vg `s goifik`o oikpgt`t`vgfgss. ]g fggj ti `fvgst `f`fernstruoturg, rn`sg prijuot`v`ty nfj j`vgrs`ey iur goifiky, ti orgntg
libs nfj rn`sg a`v`fm stnfjnrjs.
@kpriv`fm tdg quna`ty ie gjuont`if nfj trn`f`fm `s nf gssgft`na eiufjnt`ifie n kirg prijuot`vg nfj `foaus`vg mriwtd pntd.
_trifmgr a`fcs w`td Ner`on nfj itdgr gkgrm`fm goifik`gs nrg fggjgj.
]g dnvg ti njnpt ti n aiw-onrbif goifiky, `foauj`fm kib`a`snt`if ie iur
rgfgwnbag gfgrmy pitgft`na.
E`fnaay tdgrg `s tdg sio`na sia`jnr`ty odnaagfmg tdnt outs noriss naa ietdgsg, wd`od `s ti bu`aj n kirg gquna nfj `foaus`vg goifiky tdnt br`jmgs
iur rno`na nfj itdgr j`v`jgs.
Zdgsg nrg tdgkgs if wd`od tdg FJX priv`jgs oagnr mu`jnfog, fit lust nbiut
strntgm`o minas nfj iblgot`vgs, but nasi nbiut tdg prnot`ona j`ee`ouat`gs nfj
odi`ogs wg enog.
Zdgrg nrg substnft`na strgfmtds if wd`od ti bu`aj n wgaa-gstnba`sdgj agmna
systgk, sgourg pripgrty r`mdts, nf geegot`vg tnx systgk, wiraj-oanss d`mdgr
gjuont`if `fst`tut`ifs nfj so`gfog oiufo`as, gstnba`sdgj gfgrmy, trnfspirt,
wntgr nfj oikkuf`ont`ifs `fernstruoturg fgtwircs, gxpgrt`sg nfj onpno`ty `f
knfy nrgns - k`f`fm, oifstruot`if, rgtn`a, e`fnfog, aim`st`os nfj knfuenoturgj
gxpirts nfj n siufj knorigoifik`o nfj e`sona ernkgwirc.
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]d`ag bu`aj`fm if tdgsg strgfmtds, wg dnvg ti tnocag iur wgncfgssgs
nmmrgss`vgay. Zdg FJX gkpdns`sgs cgy `fst`tut`ifna onpnb`a`t`gs? Bujmgt tncgs tdg Fnt`ifna Jgvgaipkgft Xanf ns `ts pi`ft ie
jgpnrturg.
@t rgoimf`sgs tdnt iur kgj`uk-tgrk panfs nrg ernkgj `f tdg oiftgxt ie naifm-tgrk v`s`if nfj strntgmy.
@t eiousgs if strgfmtdgf`fm mriwtd nfj gkpaiykgft orgnt`if.
@t pr`ir`t`sgs `kprivgkgfts `f gjuont`if nfj gxpnfs`if ie trn`f`fmippirtuf`t`gs.
@t prikitgs primrgss tiwnrjs n kirg gquna sio`gty nfj nf `foaus`vgmriwtd pntd.
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Zdg e`sona ernkgwirc nfj aifm-tgrk sustn`fnb`a`ty
Fnt`ifna jgvgaipkgft kust bg oiupagj w`td e`sona sustn`fnb`a`ty, wd`od gfsurgs
tdnt tdg primrgss wg kncg w`aa fit bg `ftgrruptgj ir rgvgrsgj. Zdg mivgrfkgft
rga`gs if rgsiurogs jgr`vgj erik tdg w`jgr goifiky, nfj tdg bgst wny timgfgrntg rgsiurogs `s ti mriw tdg goifiky enstgr nfj `forgnsg tdg tnx bnsg.
Zdg FJX tnrmgts nf nffuna mriwtd rntg ie kirg tdnf 7 pgr ogft n ygnr. Zd`s
wiuaj jiubag tdg rgsiurogs nvn`anbag ti mivgrfkgft `f tdg fgxt twi jgonjgs.
Zdg prgsgft rgna`ty `s tdnt mriwtd `s kirg kijgst. Zdg goifik`o turbuagfog wg
gxpgr`gfogj `f tdg sgoifj dnae ie anst ygnr dns rgsuatgj `f n rgvgfug sdirtenaa
nkiuft`fm ti R>5.? b`aa`if. Zdg jge`o`t `s fiw gst`kntgj ti bg 7.2 pgr ogft ie
MJX `f 28>2/>?. Zdg mriwtd iutaiic eir tdg fgxt tdrgg ygnrs dns wgncgfgj,
nfj mivgrfkgfts fgt jgbt `s fiw gxpgotgj ti stnb`a`sg knrm`fnaay d`mdgr tdnf
:8 pgr ogft ie MJX.
@f tdg Kgj`uk Zgrk Bujmgt Xia`oy _tntgkgft, wg fitgj tdnt `e tdg goifik`o
gfv`rifkgft wgrg ti jgtgr`irntg, mivgrfkgft wiuaj rgnssgss `ts rgvgfug nfj
spgfj`fm panfs ti sgourg _iutd Ner`ons e`sona eiit`fm. @f tdg o`roukstnfogs, iur
npprinod `fviavgs sgvgrna gagkgfts2
N rgjuot`if `f tdg bujmgt jge`o`t ti ?.> pgr ogft by 28>7/>5, n agvgaoifs`stgft w`td tdg stnb`a`snt`if ie jgbt
_tgps ti rg`feirog mriwtd, bu`aj`fm if tdg oikpgt`t`vgfgss gfdnfogkgftprimrnkkg `ftrijuogj anst ygnr
@f`t`nt`if ie n tnx pia`oy rgv`gw
N oikprgdgfs`vg rgv`gw ie gxpgfj`turg, eious`fm if bitd spgfj`fmoiftrias nfj vnaug eir kifgy `f mivgrfkgft primrnkkgs nfj nmgfo`gs
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28>? Bujmgt _pggod
>8
_trgfmtdgf`fm tdg onpno`ty ie tdg stntg ti `kpagkgft iur panfs nfjprimrnkkgs.
Mivgrfkgft `s oikk`ttgj ti rgkn`f`fm w`td`f tdg gxpgfj`turg og`a`fm sgt iut `f
tdg bujmgt. Fgw pia`oy `f`t`nt`vgs ivgr tdg fgxt tdrgg ygnrs w`aa bg e`fnfogj eriksnv`fms, gee`o`gfoy mn`fs nfj rgpr`ir`t`snt`if.
_truoturna `forgnsgs `f spgfj`fm rgqu`rg oirrgspifj`fm rgvgfug `forgnsgs `e
tdgy nrg ti bg e`fnfogj sustn`fnbay. @e wg suooggj `f jr`v`fm mriwtd tiwnrjs 7
pgr ogft n ygnr nfj mivgrfkgft rgvgfug jiubags `f tdg fgxt 28 ygnrs, knlir
`fernstruoturg prilgots nfj fgw pia`oy `f`t`nt`vgs suod ns fnt`ifna dgnatd
`fsurnfog nfj gxpnfjgj viont`ifna gjuont`if w`aa bg neeirjnbag w`td a`k`tgj
njlustkgfts ti tnx pia`oy. But `e mriwtd oift`fugs naifm tdg prgsgft trnlgotiry,
substnft`na spgfj`fm oikk`tkgfts wiuaj rgqu`rg s`mf`e`onft njlustkgfts `f
rgvgfug nfj rgjuot`ifs `f itdgr nrgns ie spgfj`fm.
If Xnra`nkgfts rgqugst, Fnt`ifna Zrgnsury dns prgpnrgj n rgpirt tdnt
oifs`jgrs e`sona sustn`fnb`a`ty erik n aifm-tgrk pgrspgot`vg. Zdg rgpirt `s
ourrgftay bg`fm oifs`jgrgj w`td`f mivgrfkgft, netgr wd`od `t w`aa bg tnbagj eir
Xnra`nkgfts oifs`jgrnt`if.
Mriw`fm tdg rgna goifiky
Mriw`fm tdg goifiky kgnfs gxpnfj`fm bus`fgss not`v`ty. ]g rgoimf`sg tdg
cgy riag tdnt pr`vntg oikpnf`gs pany `f iur goifiky.
@f tdg agnj-up ti tdg Bujmgt, wg gfmnmgj w`td sgvgrna bus`fgss agnjgrs if tdg
`fvgstkgft nfj jgvgaipkgft odnaagfmgs wg enog. Naaiw kg ti sdnrg w`td yiu
sikg ie tdg`r panfs, wd`od s`mfna mriw`fm oife`jgfog `f tdg bus`fgss iutaiic,
jgsp`tg j`ee`ouat oifj`t`ifs.
Oifstruot`if nfj rgeurb`sdkgft by n oikpnfy `f tdg disp`tna`ty sgotire`rk ie R2.7 b`aa`if `f tdg fgxt >4 kiftds nfj gxpnfs`if ie R? b`aa`if `f
tdg p`pga`fg
Zwi tgagoikkuf`ont`ifs `fvgstkgfts nkiuft`fm ti R>: b`aa`if td`s ygnr
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28>? Bujmgt _pggod
>>
Onp`tna gxpgfj`turg ie R?.: b`aa`if ivgr tdg fgxt tdrgg ygnrs by n rn`a nfjaim`st`os ipgrntir
N R2.7 b`aa`if gxpnfs`if nfj aifmgr-tgrk panfs ie R>7 b`aa`if `f k`f`fm
prilgots
@fvgstkgft ie R>.: b`aa`if td`s ygnr by n agnj`fm rgtn`agr, nfj panfs tiipgf >88 fgw stirgs by nfitdgr
Nf gxpnfs`if ie R>.2 b`aa`if td`s ygnr by n eiij nfj bgvgrnmg sgotire`rk
Xanfs eir R24.7 b`aa`if `f aifm-tgrk `fernstruoturg `fvgstkgft by n agnj`fm`fjustr`na oikpnfy, wd`od w`aa orgntg >8 888 tgkpirnry nfj : 888pgrknfgft libs.
@f rgogft t`kgs, tdg wiraj dns bgoikg n kirg ufogrtn`f panog eir bus`fgssgs,
onus`fm sikg ti bu`aj onsd rgsgrvgs rntdgr tdnf `fvgst `f fgw ir gxpnfj`fm
ipgrnt`ifs. Ns mivgrfkgft, wg w`sd ti gfoiurnmg bus`fgssgs ti cggp `fvgst`fm
`f iur goifiky, nfj sg`zg tdg ippirtuf`t`gs nriufj us. ]g nrg tdgrgeirg
rg`feiro`fm sgvgrna `f`t`nt`vgs tdnt suppirt bus`fgss jgvgaipkgft2, dns rgog`vgj n titna ie 2>7 nppa`ont`ifs w`td
rgqugsts eir mrnfts titnaa`fm R2.? b`aa`if kn`fay erik tdg odgk`onas,
kgtnas nfj nmri-priogss`fm sgotirs. Nppa`ont`ifs nrg gxpgotgj ti
`forgnsg ivgr tdg pgr`ij ndgnj nfj eufj`fm ie R>.7 b`aa`if pgr ygnr dns
bggf priv`jgj if tdg bujmgt ie tdg Jgpnrtkgft ie Zrnjg nfj @fjustry.
Zdg _pgo`na Goifik`o \ifg (_G\) Xrimrnkkg, nasi nffiufogj anstygnr, dns rgog`vgj eufj`fm ti bu`aj wiraj oanss `fjustr`na pnrcs. @ nk `f
j`souss`if w`td K`f`stgr Jnv`gs if spgo`e`o tnx `fogft`vgs ti gfdnfog td`s
`f`t`nt`vg.
Zdg Libs Eufjnffiufogj `f tdg 28>> Bujmgt dns oifoaujgj twi onaaseir pripisnas. @f titna, ? 5>: nppa`ont`ifs dnvg bggf rgog`vgj, nfj 57
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28>? Bujmgt _pggod
>2
prilgots npprivgj. Mrnft eufj`fm ie R?.? b`aa`if dns bggf npprivgj,
kntodgj by n eurtdgr R?.> b`aa`if `f eufj`fm rn`sgj by tdg pr`vntg sgotir.
_knaa, Kgj`uk nfj K`ori Gftgrpr`sgs (_KKGs) pany n cgy riag `f tdg
jgvgaipkgft ie tdg goifiky nfj nrg n s`mf`e`onft mgfgrntir iegkpaiykgft. E`fnfo`fm ie _KKGs dns bggf s`kpa`e`gj w`td tdg orgnt`if
ie tdg _knaa Gftgrpr`sg E`fnfog Nmgfoy anst ygnr. ]g dnvg bggf
primrgss`vgay wirc`fm ti s`kpa`ey tdg tnx rgqu`rgkgfts eir sknaa bus`fgss.
Zdg turfivgr tdrgsdiaj w`aa bg `forgnsgj td`s ygnr nfj tdg mrnjuntgj rntg
struoturg w`aa bg rgv`sgj.
Rgm`ifna @ftgmrnt`if
Ner`on `s iur dikg, nfj `t `s iur euturg. @t `s n knrcgt ie ivgr ifg b`aa`if pgipag
nfj `t `s mriw`fm rnp`jay.
Zdg Fnt`ifna Jgvgaipkgft Xanf nocfiwagjmgs tdg maibna sd`et ie goifik`o
piwgr erik ]gst ti Gnst, nfj d`mda`mdts tdg r`sg ie Ner`on.
@fjggj, wg dnvg nargnjy bgmuf ti sgg iur trnjg pnttgrfs sd`et erik trnj`t`ifna
pnrtfgrs `f Guripg nfj tdg Wf`tgj _tntgs ti fgw knrcgts `f Ns`n nfj Ner`on.
Ner`on fiw nooiufts eir nbiut >4 pgr ogft ie iur titna gxpirts, nfj fgnray n
qunrtgr ie iur knfuenoturgj gxpirts.
Ivgr tdg pnst e`vg ygnrs, tdg _iutd Ner`onf Rgsgrvg Bnfc dns npprivgj fgnray
> 888 anrmg `fvgstkgfts `fti ?5 Ner`onf oiuftr`gs. Zdgsg nrg kutunaay
bgfge`o`na, ns tdgy suppirt jgvgaipkgft `f tdisg oiuftr`gs, nfj nasi mgfgrntg
tnx rgvgfug, j`v`jgfjs nfj libs bitd nbrinj ns wgaa ns `f _iutd Ner`on. Zi
eurtdgr suppirt tdg pr`vntg sgotir `f gxpnfj`fm ipgrnt`ifs `f Ner`on, @ w`aa
nffiufog s`kpagr ruags tdnt w`aa rgjuog tdg t`kg nfj oists ie ji`fm bus`fgss `f
Ner`on.
N fukbgr ie kgnsurgs nrg pripisgj ti rganx oriss-birjgr e`fnfo`na rgmuant`ifs
nfj tnx rgqu`rgkgfts if oikpnf`gs, knc`fm `t gns`gr eir bnfcs nfj itdgr
e`fnfo`na `fst`tut`ifs ti `fvgst nfj ipgrntg `f itdgr oiuftr`gs. _`k`anr kgnsurgs
w`aa nppay ti eirg`mf oikpnf`gs wnft`fm ti `fvgst `f Ner`onf oiuftr`gs us`fm
_iutd Ner`on ns tdg`r rgm`ifna dgnjqunrtgrs. Zdg iutwnrj `fvgstkgft rgeirks
tdnt nppay ns pnrt ie tdg Mntgwny ti Ner`on rgeirks w`aa nasi pgrtn`f ti tdisg
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28>? Bujmgt _pggod
>?
oikpnf`gs sggc`fm ti `fvgst `f oiuftr`gs iuts`jg Ner`on, `foauj`fm BR@O
oiuftr`gs.
@f njj`t`if, substnft`na j`rgot `fvgstkgfts `f rgm`ifna jgvgaipkgft nrg
ufjgrwny prilgotsnoriss >= oiuftr`gs titnaagj R5.2 b`aa`if `f 28>2. Zdg buac ie tdisgprilgots nrg `f k`f`fm, `fjustr`na `fernstruoturg, nmri-priogss`fm nfj
tiur`sk.
Ns pnrt ie `ts aifm-tgrk strntgmy ti dgap sgourg gfgrmy suppay eir _iutdNer`on nfj tdg rgm`if, Gscik `s oifs`jgr`fm ipt`ifs eir `fvgstkgft `f
sgvgrna rgm`ifna mgfgrnt`if nfj trnfsk`ss`if prilgots.
]irc`fm w`td iur BR@O_ Xnrtfgrs
Fgxt kiftd, wg w`aa dist tdg 7 tdnffuna BR@O_ _ukk`t, wd`od br`fms timgtdgr
Brnz`a, Russ`n, @fj`n, Od`fn nfj _iutd Ner`on. Zdg _ukk`t w`aa ufvg`a tdg wirc
wg dnvg bggf ji`fm w`td iur BR@O_ pnrtfgrs if tdg eiaaiw`fm prilgots? Bujmgt _pggod
>:
]irc `s ufjgrwny if orgnt`fm n trnjg nfj jgvgaipkgft `fsurnfog r`scpiia. Zdg n`k `s ti gstnba`sd n sustn`fnbag nfj natgrfnt`vg `fsurnfog nfj
rg`fsurnfog fgtwirc eir tdg BR@O_ oiuftr`gs.
E`fnfo`fm `fernstruoturg `fvgstkgft
Zdg FJX rgk`fjs us tdnt _iutd Ner`on fggjs ti `fvgst `f n strifm fgtwirc ie
goifik`o `fernstruoturg jgs`mfgj ti suppirt tdg oiuftrys kgj`uk- nfj aifm-
tgrk goifik`o nfj sio`na iblgot`vgs.
Ivgr tdg fgxt tdrgg ygnrs, R42= b`aa`if `s panffgj ti bg spgft by tdg e`sous nfj
stntg-iwfgj oikpnf`gs ti bu`aj `fernstruoturg. Zdg e`fnfo`fm eir tdgsg prilgots
`s `f panog, nfj `s fit neegotgj by tdg spgfj`fm outs `f tdg bujmgt.
Zdg e`sous dns naaiontgj lust ufjgr R:?8 b`aa`if eir sodiias, disp`tnas, oa`f`os,
jnks, wntgr nfj gagotr`o`ty j`str`but`if fgtwircs, gagotr`e`ont`if ie ivgr n k`aa`if
fgw dikgs, snf`tnt`if sodgkgs, bu`aj`fm kirg oiurtriiks nfj pr`sifs, nfj
`kprivgj bus, oikkutgr rn`a nfj rinj a`fcs. Kist ie tdg spgfj`fm enaas ufjgr
priv`fogs nfj kuf`o`pna`t`gs.
Gscik, Zrnfsfgt nfj itdgr _tntg-Iwfgj Oikpnf`gs eufj n eurtdgr R:88 b`aa`if
ie prilgots. Zd`s w`aa bg e`fnfogj bitd tdriumd iwf rgsiurogs nfj njj`t`ifna
birriw`fm ivgr tdg fgxt tdrgg ygnrs, suppirtgj by Zrgnsury munrnftggs.
Zd`s w`aa pny eir tdg ifmi`fm bu`aj`fm ie piwgr mgfgrnt`if panfts nfj fgw
trnfsk`ss`if a`fgs, `fvgstkgft `f rn`a, pirts nfj p`pga`fgs, anrmg fgw wntgr
trnfsegr sodgkgs, nfj vnr`ius n`rpirt upmrnjgs.
Ie oiursg, wg nrg wgaa nwnrg tdnt tdgrg nrg pnrts ie mivgrfkgft tdnt strummag ti
spgfj tdg`r euaa `fernstruoturg bujmgts. @t `s `kpirtnft ti bgnr `f k`fj tdnt
spgfj`fm primrnkkgs dnvg bgoikg kirg nkb`t`ius, eufj`fm agvgas dnvg
`forgnsgj, nfj prgssurg ti jga`vgr dns `ftgfs`e`gj. Rgoirjs sdiw tdntmivgrfkgfts nb`a`ty ti spgfj dns bggf stgnj`ay r`s`fm erik ygnr ti ygnr. But `t
`s fit ygt enst gfiumd.
If td`s odnaagfmg, ]`aa`g ju Xrggz gxprgssgs oifogrf nbiut wdgtdgr
`fernstruoturg `fvgstkgft `s notunaay tnc`fm panog. Dg summgsts< Ns n o`t`zgf
ifg sdiuaj bg nbag ti ibtn`f erik tdg trgnsury wgbs`tg nt tdg gfj ie gnod
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28>? Bujmgt _pggod
>7
e`fnfo`na ygnr wdnt nkiuft wns spgft if wdnt `fernstruoturg. Kr ju Xrggz, yiu
onf nargnjy ibtn`f tdnt `feirknt`if erik tdg trgnsury wgbs`tg, fit lust gvgry
ygnr, but gvgry kiftd!
@fvgst`fm `f Wrbnf Jgvgaipkgft
Iur urbnf nrgns kncg n v`tna oiftr`but`if ti tdg fnt`ifna goifiky, dist`fm
enotir`gs nfj iee`ogs nfj knfy wirc ippirtuf`t`gs, nfj w`aa nawnys bg nttrnot`vg
ti yiufm pgipag sggc`fm n bgttgr a`eg. @t `s a`ttag surpr`sg tdgf tdnt tdg Ogfsus
28>> sdiws tdnt 52 pgr ogft ie _iutd Ner`onfs nrg fiw a`v`fm `f iur o`t`gs nfj
tiwfs. Nfj tdnt tdg pipuant`if ie sikg kuf`o`pna`t`gs mrgw by ivgr 78 pgr ogft
bgtwggf 288> nfj 28>>.
Zdg odnaagfmg wg enog ie d`mday `fgee`o`gft, sgmrgmntgj nfj gxoaus`ifnry j`v`jgsbgtwggf tiwf nfj tiwfsd`p `kpisgs oists fit ifay if tdg goifiky nfj tdg
e`sous, but nasi if enk`a`gs nfj oikkuf`t`gs.
N fgw eirkuan eir tdg aiona mivgrfkgft gqu`tnbag sdnrg w`aa bg `ftrijuogj `f
28>?/>: tdnt rgoimf`sgs tdg fggj ti bgttgr j`eegrgft`ntg nss`stnfog ti j`eegrgft
kuf`o`pna`t`gs, `foauj`fm tdisg `f rurna nrgns. Kuf`o`pna `fernstruoturg mrnfts w`aa
nasi bg rg-na`mfgj, nfj mi dnfj `f dnfj w`td kirg `ftgmrntgj panff`fm ie fgw
jgvgaipkgfts, si tdnt wg onf kncg kgnf`fmeua str`jgs `f ivgroik`fm tdg
spnt`na `fgquna`t`gs ie tdg pnst.
Aiw onrbif goifiky
Zdg Jgvgaipkgft Xanf eurtdgr onaas if mivgrfkgft ti sgfj n s`mfna ti `fjustry
nfj oifsukgrs tdnt wg nrg a`v`fm `f nf gfv`rifkgftnaay strgssgj wiraj.
Nfj si Mivgrfkgft pripisgs ti pr`og onrbif by wny ie n onrbif tnx nt tdg rntg
ie R>28 pgr tif ie OI2gqu`vnagft, geegot`vg erik > Lnfunry 28>7. Zi sietgf
tdg `kpnot, n tnx-ergg gxgkpt`if tdrgsdiaj ie 58 pgr ogft w`aa bg sgt, w`td
njj`t`ifna naaiwnfogs eir gk`ss`ifs `ftgfs`vg nfj trnjg-gxpisgj `fjustr`gs. Nf
upjntgj onrbif tnx pia`oy pnpgr w`aa bg puba`sdgj eir eurtdgr oifsuatnt`if by tdg
gfj ie Knrod 28>?.
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28>? Bujmgt _pggod
>5
Zi gfsurg tdnt _iutd Ner`on prijuogs euga tdnt `s kirg gfv`rifkgftnaay er`gfjay,
suppirt kgodnf`sks eir bitd b`ieuga prijuot`if nfj tdg upmrnjg ie i`a
rge`fgr`gs ti oagnfgr euga stnfjnrjs w`aa bg `ftrijuogj.
@f njj`t`if, mivgrfkgft oift`fugs ti j`rgot spgfj`fm tiwnrjs gfv`rifkgftna
primrnkkgs, suod ns `fstnaa`fm sianr wntgr mgysgrs, priour`fm rgfgwnbag
gfgrmy, aiw onrbif puba`o trnfspirt, oagnf`fm up jgrga`ot k`fgs, njjrgss`fm no`j
k`fg jrn`fnmg, suppirt`fm iur fnt`ifna pnrcs, nfj `f pnrt`ouanr, ti snv`fm iur
rd`fi pipuant`if, wdi rgkn`f ufjgr tdrgnt.
]g nrg nasi gfoiurnm`fm tdg pr`vntg sgotir nfj sknaagr puba`o gft`t`gs ti bg
orgnt`vg nfj jgvgaip aiw-onrbif prilgots tdriumd tdg Mrggf Eufj. @f tdg e`rst
onaa eir pripisnas, 708 nppa`ont`ifs wgrg rgog`vgj. Zdg R488 k`aa`if tdnt wns
prgv`iusay naaiontgj `s ti bg tippgj up w`td nf njj`t`ifna R?88 k`aa`if.
Zdg sio`na wnmg
Zdg FJX rgoimf`sgs tdnt rgjuo`fm tdg oist ie a`v`fm `s gssgft`na eir brinjgf`fm
goifik`o pnrt`o`pnt`if nfj ga`k`fnt`fm pivgrty. Naifms`jg tdg goifik`o wnmg
gnrfgj tdriumd wirc, tdg sio`na wnmg priv`jgj by mivgrfkgft `s n stgnj`ay
r`s`fm oiftr`but`if ti tdg a`v`fm oifj`t`ifs ie wirc`fm pgipag nfj tdg`r enk`a`gs.
_ubstnft`na mriwtd `f sio`na spgfj`fm ivgr tdg pnst jgonjg dns e`fnfogj ntdrggeiaj `forgnsg `f tdg fukbgr ie pgipag rgog`v`fm sio`na mrnfts, n jiuba`fm `f
pgr onp`tn dgnatd spgfj`fm, oifstruot`if ie >.7 k`aa`if ergg dikgs nfj tdg
priv`s`if ie ergg bns`o gjuont`if ti tdg piirgst 58 pgr ogft ie agnrfgrs. Zdg
`kpnot `s gv`jgft `f `kprivgj a`v`fm stnfjnrjs, gxpnfjgj noogss ti bns`o
sgrv`ogs nfj tdg odnfm`fm anfjsonpg ie bitd urbnf nfj rurna nrgns.
Zdg sio`na nss`stnfog bujmgt dns `forgnsgj by nf nvgrnmg ie >> pgr ogft n
ygnr s`fog 2884/80, `f pnrt jug ti tdg gxtgfs`if ie tdg od`aj suppirt mrnft ti tdg
nmg ie >4. _pgfj`fm if sio`na nss`stnfog w`aa r`sg ti R>28 b`aa`if fgxt ygnr.
Zdg iaj nmg nfj j`snb`a`ty mrnfts w`aa `forgnsg `f Npr`a erik R> 288 nkiftd ti R> 258,
Zdg eistgr onrg mrnft w`aa `forgnsg erik R==8 ti R488, nfj
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28>? Bujmgt _pggod
>=
Zdg od`aj suppirt mrnft w`aa `forgnsg ti R208 `f Npr`a nfj R?88 n kiftd`f Iotibgr.
@t `s nasi pripisgj tdnt tdg iaj nmg mrnft kgnfs tgst sdiuaj bg pdnsgj iut by
28>5, nooikpnf`gj by ieesgtt`fm rgv`s`ifs ti tdg sgoifjnry nfj tgrt`nryrgbntgs. Naa o`t`zgfs ivgr n jgs`mfntgj nmg w`aa bg ga`m`bag eir tdg mrnft, wd`od
w`aa s`kpa`ey `ts njk`f`strnt`if nfj njjrgss tdg j`s`fogft`vg ti snvg tdnt nr`sgs
erik tdg prgsgft kgnfs tgst.
Naifms`jg sio`na nss`stnfog, noogss ti dgnatd onrg `s n v`tna gagkgft `f tdg
sio`na wnmg. Zdgrg dns bggf primrgss `f rgjuo`fm kirtna`ty nfj `kpriv`fm iur
D@U nfj ZB primrnkkgs, nfj nf gxpnfs`if `f kgj`ona nfj fursg trn`f`fm
onpno`ty `s ufjgr wny.
X`ait fnt`ifna dgnatd `fsurnfog prilgots dnvg bggf `f`t`ntgj td`s ygnr `f tgf
j`str`ots, nfj w`aa `foaujg `kprivgkgfts ti dgnatd eno`a`t`gs, oiftrnot`fm w`td
mgfgrna prnot`t`ifgrs nfj e`fnfo`na knfnmgkgft rgeirks. N fgw oifj`t`ifna
mrnft `s `ftrijuogj td`s ygnr ti gfnbag tdg fnt`ifna Jgpnrtkgft ie Dgnatd ti pany
n mrgntgr riag `f oiirj`fnt`fm tdgsg rgeirks.
Zdg `f`t`na pdnsg ie FD@ jgvgaipkgft w`aa fit panog fgw rgvgfug jgknfjs if
tdg e`sous. Ivgr tdg aifmgr tgrk, diwgvgr, `t `s nft`o`pntgj tdnt n tnx `forgnsg
w`aa bg fggjgj. Zdg Fnt`ifna Zrgnsury `s wirc`fm w`td tdg Jgpnrtkgft ie Dgnatd
ti gxnk`fg tdg eufj`fm nrrnfmgkgfts nfj systgk rgeirks rgqu`rgj eir FD@. Nj`souss`if pnpgr `fv`t`fm puba`o oikkgft if vnr`ius ipt`ifs w`aa bg puba`sdgj
td`s ygnr.
Mivgrfkgfts oiftr`but`if ti dius`fm nfj bns`o kuf`o`pna sgrv`ogs `s n
substnft`na oikpifgft ie tdg sio`na wnmg. Zdg bujmgt eir dius`fm nfj
oikkuf`ty nkgf`t`gs dns `forgnsgj by ivgr >5 pgr ogft n ygnr s`fog 2884.
Xrimrgss oift`fugs ti bg knjg `f gxtgfj`fm noogss ti dius`fm, gagotr`o`ty,
wntgr, snf`tnt`if nfj rgeusg rgkivna sgrv`ogs. Zdg kn`f oiftr`but`if ie tdg
fnt`ifna bujmgt ti tdg e`fnfo`fm ie diusgdiaj nkgf`t`gs `s tdg aiona mivgrfkgft
gqu`tnbag sdnrg. N fgw gqu`tnbag sdnrg eirkuan `s pripisgj `f td`s Bujmgt,
wd`od w`aa priv`jg n subs`jy ie R2=7 eir gvgry diusgdiaj w`td n kiftday
`foikg agss tdnf R2 ?88, ir nbiut 70 pgr ogft ie naa diusgdiajs.
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28>? Bujmgt _pggod
>4
]g nasi rgoimf`sg tdnt knfy bus`fgssgs priv`jg tdg`r gkpaiyggs w`td dius`fm
nss`stnfog ir dikg ainfs. Diwgvgr, tdg ourrgft er`fmg bgfge`t tnx `s ufjuay
burjgfsikg `f onsgs wdgrg nf gkpaiygr trnfsegrs n diusg ti n aiw-`foikg
wircgr nt n pr`og bgaiw knrcgt vnaug. Znx rga`ge `s pripisgj ti njjrgss td`s
j`ee`ouaty.
Zdg sio`na wnmg oikpagkgfts gkpaiykgft gnrf`fms nfj oiftr`butgs ti n kirg
gqu`tnbag nfj `foaus`vg goifik`o mriwtd pntd. Fnt`ifna dgnatd `fsurnfog nfj
eurtdgr stgps `f sio`na sgour`ty rgeirk w`aa nasi rg`feirog sio`na sia`jnr`ty nfj tdg
jgogft wirc nmgfjn.
_io`na spgfj`fm, diwgvgr, `s fit n subst`tutg eir lib orgnt`if.
Ifg ie iur kist prgss`fm jgvgaipkgft odnaagfmgs `s ti gxpnfj wirc
ippirtuf`t`gs eir yiufm pgipag. Zdgrg dns bggf gxtgfs`vg jgbntg if diw td`ssdiuaj bg jifg. Zdg nfswgr `s tdnt n w`jg rnfmg ie kgnsurgs nrg fggjgj,
`foauj`fm eurtdgr gjuont`if, trn`f`fm, puba`o gkpaiykgft ippirtuf`t`gs nfj
suppirt eir lib orgnt`if `f tdg pr`vntg sgotir.
Zi oikpagkgft gx`st`fm primrnkkgs, n tnx `fogft`vg n`kgj nt sdnr`fm tdg
oists ie gkpaiy`fm yiufm wirc-sggcgrs w`aa bg tnbagj eir oifs`jgrnt`if by
Xnra`nkgft. @t w`aa dgap yiufm pgipag gftgr tdg anbiur knrcgt ti mn`f vnaunbag
gxpgr`gfog nfj noogss onrggr ippirtuf`t`gs. N s`k`anr `fogft`vg `s pripisgj eir
ga`m`bag wircgrs ie naa nmgs w`td`f spgo`na goifik`o zifgs.
E`fnfo`na sgrv`ogs nfj rgt`rgkgft rgeirk
@f anst ygnrs Bujmgt, @ `fj`ontgj tdg fggj eir _iutd Ner`onf diusgdiajs ti snvg
kirg. @ nk fiw nbag ti nffiufog tdg eiaaiw`fm pripisnas, eir oifsuatnt`if
bgeirg wg `ftrijuog tdg fgogssnry agm`sant`if antgr td`s ygnr7.
Rgt`rgkgft eufjs w`aa bg rgqu`rgj ti `jgft`ey nppripr`ntg prgsgrvnt`ifeufjs eir gx`t`fm kgkbgrs, wdi w`aa bg gfoiurnmgj ti prgsgrvg wdgf
odnfm`fm libs.
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28>? Bujmgt _pggod
>0
Rgt`rgkgft eufjs w`aa bg rgqu`rgj ti mu`jg tdg`r kgkbgrs tdriumd tdgpriogss ie oifvgrt`fm snv`fms `fti n rgmuanr `foikg netgr rgt`rgkgft, nfj
ti odiisg ir gstnba`sd jgenuat nffu`ty prijuots tdnt kggt nppripr`ntg
pr`fo`pags nfj stnfjnrjs. Kirg oikpgt`t`if w`aa bg prikitgj by naaiw`fm
priv`jgrs itdgr tdnf a`eg iee`ogs ti sgaa a`v`fm nffu`t`gs.
Zdg tnx trgntkgft ie pgfs`if, priv`jgft nfj rgt`rgkgft nffu`ty eufjs w`aabg s`kpa`e`gj nfj dnrkif`zgj.
Mivgrfnfog rgeirks ie rgt`rgkgft eufjs w`aa nasi bg `kpagkgftgj, w`tdkgnsurgs `f panog ti gfsurg trustggs ie rgt`rgkgft eufjs nrg trn`fgj
ifog tdgy dnvg bggf nppi`ftgj. @ `ftgfj ti onaa up n oifegrgfog ie naa
trustggs td`s ygnr ti tncg td`s priogss eirwnrj.
]g nrg nasi oifs`jgr`fm diw ti gfoiurnmg naa gkpaiygrs ti priv`jg nppripr`ntg
rgt`rgkgft kgodnf`sks eir tdg`r gkpaiyggs, ns pnrt ie tdg brinjgr sio`na
sgour`ty rgeirks. @f `kpagkgft`fm tdgsg rgeirks, tdg vgstgj r`mdts ie ourrgft
kgkbgrs ie rgt`rgkgft eufjs w`aa bg pritgotgj.
Agt kg tncg td`s ippirtuf`ty, ti oife`rk tdnt tdg Mivgrfkgft Gkpaiyggs
Xgfs`if Eufj dns rgkn`fgj euaay eufjgj jgsp`tg tdg turki`a `f e`fnfo`na knrcgts
`f rgogft ygnrs. N 5 pgr ogft `forgnsg `f o`v`a sgrv`og pgfs`ifs w`aa bg geegotgj `f
Npr`a td`s ygnr.
Orgj`t
Zdgrg dns bggf rnp`j mriwtd `f ufsgourgj orgj`t `f rgogft ygnrs. Zdg sdnrg ie
fgw kirtmnmg agfj`fm dns enaagf rnp`jay, nfj `s fiw agss tdnf ir nakist gquna
ti bitd fgw vgd`oag orgj`t nfj fgw pgrsifna ainfs. ]g w`aa gfmnmg w`td tdg
bnfc`fm sgotir ti gxpairg diw ti `forgnsg tdg agvga nfj sdnrg ie fgw kirtmnmg
ainfs. _knaa bus`fgss e`fnfo`fm kust nasi bg suppirtgj ti n enr mrgntgr gxtgft
tdnf `s bg`fm jifg.
]g nrg oifogrfgj by tdg nbusg ie gkiaukgft nttnodkgft irjgrs tdnt dns aget
knfy wircgrs w`tdiut kifgy ti a`vg if netgr tdgy dnvg sgrv`ogj tdg`r jgbts
gvgry kiftd. ]g nrg `f j`souss`if w`td tdg Fnt`ifna Orgj`t Rgmuantir, tdg
Jgpnrtkgft ie Lust`og nfj bnfcs, ti gfsurg tdnt tdg agfj`fm knrcgt rgkgj`gs
`ts bgdnv`iur. @f tdg kgnfwd`ag, naa gkpaiygrs, `foauj`fm tdg puba`o sgotir, onf
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28>? Bujmgt _pggod
28
pany n riag nfj nss`st tdg`r wircgrs ti knfnmg tdg`r e`fnfogs nfj ti `ftgrrimntg
naa gkiaukgft nttnodkgft ir mnrf`sdgg irjgrs ti gfsurg tdnt tdgy dnvg bggf
pripgray `ssugj. @ nasi onaa if tdg vnr`ius anw sio`gt`gs ti tncg not`if nmn`fst
kgkbgrs wdi nbusg tdg systgk.
Znx pia`oy
Naaiw kg ti turf fiw ti tdg rgvgfug pripisnas.
]g e`fj iursgavgs `f n odnaagfm`fm pgr`ij, w`td rgvgfugs aiwgr tdnf gxpgotgj
by R>5.? b`aa`if oikpnrgj w`td gst`kntgs nt tdg t`kg ie tdg 28>2 bujmgt. Zd`s `s
prgjik`fnftay jug ti wgnc goifik`o mriwtd jur`fm tdg sgoifj dnae ie 28>2,
k`f`fm sgotir j`srupt`ifs nfj aiwgr oikkij`ty pr`ogs. Znx rgvgfugs nrg
gxpgotgj ti `kprivg ivgr tdg kgj`uk-tgrk `f a`fg w`td d`mdgr goifik`o mriwtdnfj tdg stnb`a`znt`if ie cgy oikkij`ty pr`ogs.
Ivgr tdg pnst jgonjg, wg dnvg stgnj`ay brinjgfgj tdg tnx bnsg, bitd tdriumd
pia`oy rgeirks nfj `kprivgj rgvgfug njk`f`strnt`if. Zd`s dns knjg substnft`na
tnx rga`ge piss`bag, oiftr`but`fm bitd ti diusgdiaj j`spisnbag `foikg nfj n
aiwgr oist ie ji`fm bus`fgss.
Zdg kn`f tnx pripisnas eir 28>? nrg ns eiaaiws? Bujmgt _pggod
2>
@forgnsgs `f gxo`sg jut`gs if naoidia nfj tibnooi prijuots ie bgtwggf7.= nfj >8 pgr ogft, nfj
@ftrijuot`if ie tdg onrbif tnx `f 28>7, timgtdgr w`td tdg pdns`fm-iut ie
tdg gagotr`o`ty agvy.
N tnx rgv`gw w`aa bg `f`t`ntgj td`s ygnr ti nssgss iur tnx pia`oy ernkgwirc nfj `ts
riag `f suppirt`fm tdg iblgot`vgs ie `foaus`vg mriwtd, gkpaiykgft, jgvgaipkgft
nfj e`sona sustn`fnb`a`ty, nkifmst itdgr td`fms.
Zdg Bujmgt Rgv`gw iuta`fgs vnr`ius kgnsurgs pripisgj ti pritgot tdg tnx bnsg
nfj a`k`t tdg soipg eir tnx agncnmg nfj nvi`jnfog. Zdg tnxnt`if ie trusts w`aa
oikg ufjgr rgv`gw ti oiftria nbusg3 kij`e`ont`ifs nrg pripisgj ti tdg tnx
trgntkgft ie gkpaiykgft sdnrg sodgkgs nfj j`snb`a`ty ir `foikg-pritgot`ifpia`o`gs3 iutstnfj`fm j`ee`ouat`gs `f tdg j`st`fot`if bgtwggf jgbt nfj gqu`ty w`aa
bg njjrgssgj3 nfj `t `s pripisgj tdnt eirg`mf bus`fgssgs wd`od sgaa g-biics,
kus`o nfj itdgr j`m`tna miijs nfj sgrv`ogs sdiuaj bg rgqu`rgj ti rgm`stgr ns
UNZ vgfjirs, `f a`fg w`td rgmuant`ifs wd`od dnvg bggf njiptgj by tdg
Guripgnf Wf`if nfj itdgr lur`sj`ot`ifs.
Znx njk`f`strnt`if
K`aa`ifs ie difgst tnxpnygrs `f iur oiuftry oift`fug ti sustn`f iur mriwtd nfj
jgvgaipkgft nmgfjn. Zi tdgk wg iwg n jgbt ie mrnt`tujg nfj, kirg
`kpirtnftay, n oikk`tkgft ti spgfj tdnt kifgy w`sgay, gee`o`gftay nfj
geegot`vgay. ]g tdnfc yiu!
Znx nvi`jnfog
]g nasi iwg `t ti iur tnxpnygrs ti gfsurg tdgy nrg fit onrry`fm tdg burjgf ie
tdisg wdi bgfge`t erik iur oiuftrys `fernstruoturg nfj rgsiurogs w`tdiutpny`fm tdg`r en`r sdnrg ie tdg oists.
Nriufj tdg wiraj, tnxpnygrs nfj tdg`r mivgrfkgfts nrg odnaagfm`fm anrmg
kuat`fnt`ifna oikpnf`gs tdnt pny a`ttag ir fi tnx `f tdg oiuftr`gs `f wd`od tdgy
ipgrntg. Kggt`fm `f Kisoiw gnra`gr td`s kiftd, e`fnfog k`f`stgrs ie tdg M28
oiuftr`gs wgrg uf`tgj `f suppirt`fm nf ivgrdnua ie `ftgrfnt`ifna oikpnfy tnx
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28>? Bujmgt _pggod
22
ruags ti njjrgss td`s `ssug. Zdg _iutd Ner`onf Rgvgfug _grv`og `s ourrgftay
gfmnm`fm w`td oikpnf`gs tdnt dnvg tdg`r bnsg ie ipgrnt`ifs `f _N but nppgnr ti
dnvg sd`etgj n anrmg pripirt`if ie tdg`r prie`ts ti aiw tnx lur`sj`ot`ifs wdgrg ifay
n egw pgipag nrg gkpaiygj. Zd`s `s ufnoogptnbag!
_NR_ `s nasi pursu`fm sodgkgs `jgft`e`gj ufjgr tdg rgv`sgj mgfgrna nft`-
nvi`jnfog ruags eiaaiw`fm sgvgrna ygnrs pn`fstnc`fm wirc trno`fm trnfsnot`ifs
tdriumd kuat`pag lur`sj`ot`ifs nfj gft`t`gs. Zdgsg bgfge`ts typ`onaay noorug ti
njv`sirs nfj prg-gx`st`fm sdnrgdiajgrs, rntdgr tdnf fgw sdnrgdiajgrs wdi
wgrg `ftrijuogj ns tdg istgfs`bag bgfge`o`nr`gs ie tdg trnfsnot`ifs.
Uiauftnry j`soaisurg
N tgkpirnry viauftnry j`soaisurg primrnkkg wns `kpagkgftgj ufjgragm`sant`if gfnotgj `f 28>8 wd`od naaiwgj tnxpnygrs `f jgenuat ti rgmuanr`sg
tdg`r tnx neen`rs. Kirg tdnf >4 888 tnxpnygrs knjg usg ie tdg primrnkkg nfj
tnx ie kirg tdnf R? b`aa`if dns si enr bggf oiaagotgj ns n rgsuat ie tdg
primrnkkg.
Erik > Iotibgr 28>2, n pgrknfgft viauftnry j`soaisurg primrnkkg bgonkg
geegot`vg ns pnrt ie tdg Znx Njk`f`strnt`if Not (28>>). _ikg =88 tnxpnygrs
dnvg nargnjy oikg eirwnrj. Znx ie kirg tdnf R288 k`aa`if w`aa bg oiaagotgj
bgeirg tdg gfj ie Knrod 28>?.
Fif-oikpa`nfog
_NR_ `s nasi tnrmgt`fm itdgr nrgns ie fif-oikpa`nfog, `foauj`fm rgo`p`gfts ie
mivgrfkgft gxpgfj`turg wdi nrg fit up ti jntg w`td tdg`r tnxgs. By wirc`fm
oaisgay w`td Zrgnsury nfj `ftgreno`fm w`td tdg mivgrfkgft pnykgft systgk,
_NR_ dns `jgft`e`gj oikpnf`gs wdi dnvg rgog`vgj pnykgfts but dnvg fit
jgoanrgj tdg`r euaa `foikg. Zdgy nrg bg`fm nuj`tgj, nfj itdgrs w`aa eiaaiw.
Zd`s `ftgrvgft`if w`aa bg eurtdgr ufjgrp`ffgj by tdg rgeirk ie tdg Znx Oagnrnfog
Ogrt`e`ontg priogss wd`od @ nffiufogj `f Iotibgr.
@f tdg fgnr euturg, _NR_ w`aa `ftrijuog n _`fmag Rgm`strnt`if priogss `f wd`od
oikpnf`gs nrg nbag ti rgm`stgr ifog-iee `f n s`kpag knffgr eir naa tnx typgs nfj
Oustiks not`v`t`gs.
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28>? Bujmgt _pggod
2?
If td`s, wg onf pgrdnps oifs`jgr njj`fm tdg summgst`if by Nknfjn Dnygs,
wdi rufs n sknaa bus`fgss `f Onpg Ziwf. _dg pripisgs tdnt n s`fmag jntnbnsg
ie suppa`grs ti mivgrfkgft bg orgntgj iut ie naa tdg oikpnf`gs tdnt nppay ti
_NR_ eir tnx oagnrnfog ogrt`e`ontgs. @f njj`t`if ti rgjuo`fm tdg burjgf if sknaa
bus`fgssgs, Nknfjn snys td`s jntnbnsg w`aa dgap rgjuog oirrupt`if bgonusg ie
tdg t`mdtgr fnt`ifna ivgrs`mdt ivgr oikpnf`gs wdi nrg rgm`stgrgj.
Kgj`uk-tgrk gxpgfj`turg ernkgwirc nfj j`v`s`if ie rgvgfug
@ dnvg `fj`ontgj knfy ie tdg spgo`e`o primrnkkgs nfj not`v`t`gs ie mivgrfkgft
tdnt oiftr`butg ti iur mriwtd nfj sio`na jgvgaipkgft iblgot`vgs. Naaiw kg ti
sukknr`sg tdg ernkgwirc w`td`f wd`od tdgsg naaiont`ifs nrg knjg.
Zdg 28>? Bujmgt priv`jgs eir oift`fugj rgna mriwtd `f spgfj`fm ti suppirtsgrv`og jga`vgry, nfj ti gxpnfj `fvgstkgft `f `fernstruoturg. @t w`aa nasi
nooikkijntg tdg oists ie tdg tdrgg-ygnr puba`o sgrv`og wnmg nmrggkgft
s`mfgj anst ygnr.
@f tdg pnst, wg dnvg bggf nbag ti njj substnft`naay ti kgj`uk tgrk spgfj`fm
panfs jur`fm tdg Bujmgt, but td`s ygnr `s j`eegrgft. Kifgy dns bggf tncgf nwny
erik primrnkkgs tdnt nrg fit pgreirk`fm ir nrg fit na`mfgj ti mivgrfkgfts
oirg pr`ir`t`gs nfj m`vgf ti primrnkkgs tdnt nrg jga`vgr`fm ns panffgj.
Zdg kn`f nppripr`nt`if priv`jgs eir R> 877 b`aa`if `f gxpgfj`turg fgxt ygnr,
r`s`fm ti R> 225 b`aa`if `f 28>7/>5. Jgbt-sgrv`og oists w`aa oikg ti R>88 b`aa`if
fgxt ygnr, nfj R: b`aa`if `s sgt ns`jg ns n oift`fmgfoy rgsgrvg. Zd`s agnvgs
R07> b`aa`if ti bg j`v`jgj bgtwggf tdg fnt`ifna, priv`fo`na nfj aiona spdgrgs.
Fnt`ifna jgpnrtkgfts nrg naaiontgj :=.5 pgr ogft ie nvn`anbag eufjs `f 28>?/>:.
Xriv`fogs nrg naaiontgj :?.7 pgr ogft, kn`fay eir gjuont`if, dgnatd nfj sio`na
wgaenrg. Aiona mivgrfkgft rgog`vgs 4.0 pgr ogft, pr`knr`ay eir priv`j`fm bns`o
sgrv`ogs ti aiw-`foikg diusgdiajs.
Naaiont`ifs erik tdg oift`fmgfoy rgsgrvg w`aa bg knjg antgr `f tdg ygnr, kn`fay
eir ufeirgsggnbag nfj ufnvi`jnbag gxpgfj`turg. ]irc `s `f primrgss ti
jgtgrk`fg eufj`fm rgqu`rgkgfts eir rgoifstruot`if nfj rgdnb`a`tnt`if eiaaiw`fm
eaiij jnknmg `f ]gstgrf Onpg, Cwn\uau-Fntna, A`kpipi nfj Kpuknanfmn. Nf
naaiont`if w`aa nasi bg knjg `f tdg njlustkgfts nppripr`nt`if eir tdg J`fnagj`
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28>? Bujmgt _pggod
2:
sodiias oiffgot`v`ty primrnkkg nfj itdgr brinjbnfj `fernstruoturg prilgots,
sublgot ti e`fna`snt`if ie `kpagkgftnt`if panfs.
Zdg gqu`tnbag j`v`s`if ie rgvgfug bgtwggf priv`fogs nfj kuf`o`pna`t`gs tncgs
`fti nooiuft tdg 28>> Ogfsus, wd`od sdiws substnft`na sd`ets `f tdg j`str`but`if
nfj nmg struoturg ie tdg pipuant`if s`fog 288>. Zdg odnfmgs ti priv`fo`na nfj
kuf`o`pna naaiont`ifs w`aa bg pdnsgj `f ti nvi`j j`srupt`if ie sgrv`ogs.
Naaiont`ifs ti priv`fogs nfj kuf`o`pna`t`gs
Zdg priv`fo`na gqu`tnbag sdnrg nkiufts ti R??4 b`aa`if `f 28>?/>:, nfj
oifj`t`ifna mrnfts ti priv`fogs w`aa titna R== b`aa`if. Njj`t`ifna naaiont`ifs dnvg
bggf knjg ti `forgnsg gkpaiykgft ie sio`na wircgrs nfj ti priv`jg njj`t`ifna
suppirt ti fif-mivgrfkgftna irmnf`snt`ifs wd`od priv`jg or`t`ona wgaenrgsgrv`ogs. Zdgrg `s njj`t`ifna eufj`fm eir tgnodgrs `f tdg piirgst 28 pgr ogft ie
sodiias nfj mrnjg R oanssgs, nfj eir oikkuf`ty a`brnry sgrv`ogs. Xriv`fogs nrg
nasi eufjgj eir nf gxpnfs`if `f D@U nfj N`js primrnkkgs nfj nf `kprivgj ZB
j`nmfis`s systgk.
@fernstruoturg trnfsegrs ti priv`fogs dnvg `forgnsgj sdnrpay `f rgogft ygnrs,
mriw`fm erik R:.4 b`aa`if `f 2887/85 ti R?0.= b`aa`if `f 28>2/>?. Zi `kprivg tdg
quna`ty ie spgfj`fm, tdg nppa`ont`if priogss eir `fernstruoturg mrnfts `s bg`fm
rgv`sgj< priv`fogs w`aa bg rgqu`rgj ti subk`t bu`aj`fm panfs twi ygnrs ndgnj ie
`kpagkgftnt`if nfj w`aa ifay rgog`vg naaiont`ifs `e panfs kggt ogrtn`f
bgfodknrcs.
N titna ie R47 b`aa`if `s naaiontgj eir trnfsegr ti kuf`o`pna`t`gs `f 28>?/>:, r`s`fm
ti R>8> b`aa`if `f 28>7/>5. Njj`t`ifna naaiont`ifs nrg knjg eir kuf`o`pna wntgr
`fernstruoturg, puba`o trnfspirt nfj `ftgmrntgj o`ty jgvgaipkgft.
Oifsia`jntgj mivgrfkgft gxpgfj`turg
Zdgrg `s oifs`jgrnbag jgtn`a `f tdg Bujmgt Rgv`gw nfj tdg Gst`kntgs ie
Fnt`ifna Gxpgfj`turg if mivgrfkgft spgfj`fm panfs nfj sgrv`og jga`vgry
tnrmgts. @ w`aa d`mda`mdt lust n egw cgy pi`fts.
Oifsia`jntgj mivgrfkgft gxpgfj`turg `s bujmgtgj ti `forgnsg by 4.> pgr ogft n
ygnr, erik R>.> tr`aa`if `f 28>2/>? ti R>.? tr`aa`if `f 28>7/>5.
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28>? Bujmgt _pggod
27
Lib orgnt`if nfj anbiur
Naaiont`ifs eir gkpaiykgft primrnkkgs `forgnsg by >?.7 pgr ogft n ygnr ivgr
tdg fgxt tdrgg ygnrs.
Zdgrg w`aa bg d`mdgr eufj`fm eir gkpaiykgft prilgots ie fif-mivgrfkgftna
irmnf`snt`ifs nfj eir ]irc`fm eir E`sdgr`gs. Zdg gxpnfjgj puba`o wircs
primrnkkg n`ks ti suppirt 54: 488 euaat`kg gqu`vnagft libs `f 28>?/>:.
Njj`t`ifna naaiont`ifs nrg nasi knjg eir tdg sdgatgrgj gkpaiykgft enotir`gs ie
tdg Jgpnrtkgft ie Anbiur, nfj ti suppirt tdg wirc ie tdg Oikk`ss`if eir
Oifo`a`nt`if, Kgj`nt`if nfj Nrb`trnt`if.
Dgnatd nfj sio`na pritgot`if
Oifsia`jntgj spgfj`fm if dgnatd nfj sio`na pritgot`if `s R254 b`aa`if `f
28>?/>:.
Dgnatd `fernstruoturg rgkn`fs n pr`ir`ty. @f 28>2, n titna ie > 05= dgnatd eno`a`t`gs
nfj :0 furs`fm oiaagmgs wgrg `f j`eegrgft stnmgs ie panff`fm, oifstruot`if nfj
rgeurb`sdkgft.
_ubstnft`na `kprivgkgfts `f tdg sio`na nss`stnfog pnykgfts systgk nrg `fprimrgss, priv`j`fm gns`gr noogss by rgo`p`gfts ti tdg`r mrnfts. Zdg oist ie
sio`na mrnfts pnykgfts dns bggf rgjuogj erik R?2 ti R>5 pgr j`sbursgkgft.
Gjuont`if, spirt nfj ouaturg
_pgfj`fm if gjuont`if, spirt nfj ouaturg w`aa nkiuft ti R2?? b`aa`if `f
28>?/>:. Ivgr tdg pgr`ij ndgnj, tdg bns`o gjuont`if sgotir w`aa eious if
`kpriv`fm fukgrnoy nfj a`tgrnoy, gxpnfj`fm gfriakgft `f mrnjg R nfj rgjuo`fm
sodiia `fernstruoturg bnocaims. Zimgtdgr w`td tdg brinjgr gjuont`if
`fernstruoturg mrnft, R2?.0 b`aa`if `s nvn`anbag ti priv`fo`na gjuont`if
jgpnrtkgfts eir `fernstruoturg ivgr tdg fgxt tdrgg ygnrs.
R=88 k`aa`if dns bggf naaiontgj ivgr tdg KZGE pgr`ij eir tdg tgodf`ona
sgoifjnry sodiias rgonp`tna`snt`if mrnft. Zd`s w`aa e`fnfog oifstruot`if nfj
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28>? Bujmgt _pggod
25
rgeurb`sdkgft ie 270 wircsdips nfj trn`f`fm ie ivgr > 788 tgodfiaimy
tgnodgrs.
Zrnfsegrs ti d`mdgr gjuont`if `fst`tut`ifs `forgnsg erik R28.: b`aa`if `f 28>2/>?
ti R2:.5 b`aa`if `f 28>7/>5. Zdg titna fukbgr ie stujgfts gfriaagj `f d`mdgr
gjuont`if `fst`tut`ifs `s gxpgotgj ti `forgnsg erik 0>8 888 ourrgftay ti 008 888
`f 28>7. Eufj`fm dns bggf naaiontgj eir tdg oifstruot`if ie fgw uf`vgrs`t`gs `f
tdg Firtdgrf Onpg nfj Kpuknanfmn ti oikkgfog td`s ygnr.
Goifik`o sgrv`ogs
Gxpgfj`turg if goifik`o sgrv`ogs `f 28>?/>: w`aa nkiuft ti R:4 b`aa`if,
`foauj`fm R7.? b`aa`if eir tdg knfuenotur`fm oikpgt`vgfgss gfdnfogkgft
primrnkkg nfj R2.0 b`aa`if eir spgo`na goifik`o zifgs.
Njj`t`ifna naaiont`ifs `foaujg R:78 k`aa`if ivgr tdrgg ygnrs ti tdg Goifik`o
Jgvgaipkgft Jgpnrtkgft eir tdg _knaa Gftgrpr`sg E`fnfog Nmgfoy. Zdg
Jgpnrtkgft ie Nmr`ouaturg, Eirgstry nfj E`sdgr`gs w`aa oift`fug `ts suppirt eir
sknaadiajgr enrkgrs. Njj`t`ifna eufj`fm migs ti tdg Jgpnrtkgft ie K`fgrna
Rgsiurogs ti suppirt bgfge`o`nt`if nfj rgdnb`a`tntg jgrga`ot nfj iwfgragss
k`fgs.
Zdg naaiont`if ti tdg Jgpnrtkgft ie _o`gfog nfj Zgodfiaimy `foaujgs R2 b`aa`ifti suppirt tdg _qunrg C`aikgtrg Nrrny prilgot.
Zrnfspirt, gfgrmy nfj oikkuf`ont`ifs
Gxpgfj`turg if trnfspirt, gfgrmy nfj oikkuf`ont`ifs w`aa nkiuft ti
R40 b`aa`if fgxt ygnr.
Zdg naaiont`if ti tdg Jgpnrtkgft ie Zrnfspirt `forgnsgs erik R:2.? b`aa`if fgxt
ygnr ti R7?.: b`aa`if `f 28>7/>5, rgeagot`fm `forgnsgj naaiont`ifs ti tdg
Xnssgfmgr Rn`a Nmgfoy eir `ts riaa`fm stioc priourgkgft primrnkkg nfj eurtdgr
`fvgstkgft `f tdg fnt`ifna rinj fgtwirc. Njj`t`ifna eufj`fm migs ti `ftgmrntgj
puba`o trnfspirt fgtwircs `f urbnf nrgns, nfj eir priv`fo`na rinj kn`ftgfnfog.
Zdg `ftgmrntgj fnt`ifna gagotr`e`ont`if mrnft `s naaiontgj njj`t`ifna eufj`fm ti
`forgnsg tdg fukbgr ie fgw gagotr`o`ty oiffgot`ifs by 5:7 888 ivgr tdg fgxt
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28>? Bujmgt _pggod
2=
tdrgg ygnrs. Zdg sianr wntgr mgysgr primrnkkg w`aa bg oift`fugj uft`a 28>7/>5
nfj _gftgod w`aa rgog`vg R700 k`aa`if ivgr tdg kgj`uk tgrk eir tdg k`mrnt`if
erik nfnaimug ti j`m`tna tgrrgstr`na tgagv`s`if.
Aiona mivgrfkgft, oikkuf`ty nkgf`t`gs nfj dius`fm
Aiona mivgrfkgft, oikkuf`ty nkgf`t`gs nfj dius`fm nrg naaiontgj R>?2 b`aa`if
`f 28>?/>:. Zdg anrmgst `forgnsgs mi ti buac wntgr, wntgr trgntkgft nfj wntgr
j`str`but`if prilgots, nfj naaiont`ifs ti tdg aiona mivgrfkgft gqu`tnbag sdnrg.
R:.? b`aa`if `s naaiontgj ti n fgw mrnft ti bg njk`f`stgrgj by tdg Jgpnrtkgft ie
]ntgr Neen`rs, priv`j`fm eir wntgr trgntkgft, j`str`but`if, jgknfj knfnmgkgft
nfj suppirt eir rurna kuf`o`pna`t`gs. Zdg Kuf`o`pna @fernstruoturg _uppirt
Nmgfoy ie tdg Jgpnrtkgft eir Oiipgrnt`vg Mivgrfnfog rgog`vgs R428 k`aa`ifti priv`jg tgodf`ona nss`stnfog ti rurna nfj aiw-onpno`ty kuf`o`pna`t`gs.
Eufj`fm eir `kpriv`fm duknf sgttagkgfts w`aa mriw erik R25.2 b`aa`if ti
R?8.7 b`aa`if ivgr tdg fgxt tdrgg ygnrs, `foauj`fm R>.> b`aa`if ti suppirt tdg
`feirkna sgttagkgft upmrnj`fm primrnkkg `f k`f`fm tiwfs. _io`na dius`fm
rgog`vgs nf njj`t`ifna naaiont`if ie R547 k`aa`if.
Mgfgrna puba`o sgrv`ogs
Zdg mgfgrna puba`o sgrv`ogs eufot`if `s naaiontgj R7= b`aa`if `f 28>?/>:. Zd`s
`foaujgs tdg _NR_ bujmgt ie R0.7 b`aa`if, wd`od `s lust ivgr > pgr ogft ie
rgvgfug ti bg oiaagotgj.
Zdg Jgpnrtkgft ie Xuba`o ]ircs rgpr`ir`t`sgj R:5: k`aa`if ivgr tdg kgj`uk-
tgrk ti eufj `ts turfnriufj strntgmy, wd`od eiousgs if agnsg nfj pripgrty
knfnmgkgft pirteia`is. Zdg Xuba`o _grv`og Oikk`ss`if rgog`vgs R=>.: k`aa`if
ti oikbnt oirrupt`if nfj njjrgss mr`gvnfogs.
Ivgr tdg KZGE pgr`ij, tdg Jgpnrtkgft ie Dikg Neen`rs w`aa spgfj R> b`aa`if if
`ts `feirknt`if systgks kijgrf`snt`if primrnkkg, wd`od dns nargnjy agj ti
substnft`na rgjuot`ifs `f tdg t`kg rgqu`rgj ti prijuog iee`o`na jioukgfts.
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24
Zdg naaiont`ifs eir jgegfog, puba`o irjgr nfj snegty nkiuft ti R>7: b`aa`if `f
28>?/>:.
Xriv`s`if `s knjg eir pgnog-cggp`fm ipgrnt`ifs `f tdg Ogftrna Ner`onf Rgpuba`o,wdgrg :88 jgegfog eirog pgrsiffga dnvg bggf jgpaiygj.
Zdg Jgpnrtkgft ie Xia`og dns rgpr`ir`t`sgj R2.7 b`aa`if ivgr tdg KZGE ti
`kprivg jgtgot`vg nfj eirgfs`o onpnb`a`ty. Zdg Jgpnrtkgft ie Lust`og nfj
Oifst`tut`ifna Jgvgaipkgft rgog`vgs R>.2 b`aa`if eir tdg or`k`fna lust`og sgotir
rgvnkp nfj kijgrf`snt`if primrnkkg. Zdgrg `s `forgnsgj eufj`fm naaiontgj ti
tdg Fnt`ifna Xrisgout`fm Nutdir`ty eir tdg Zdutduzgan Onrg Ogftrgs. Zdg Xuba`o
Xritgotir ie _iutd Ner`on rgog`vgs eufj`fm ti `forgnsg `ts `fvgst`mnt`vg onpno`ty
nfj njj`t`ifna eufjs nrg nasi knjg ti Agmna N`j _iutd Ner`on nfj tdg _iutdNer`onf Duknf R`mdts Oikk`ss`if.
Xriourgkgft nfj oikbnt`fm oirrupt`if
Anst ygnr @ sn`j ti td`s Diusg tdnt wg w`aa oift`funaay gfjgnviur ti `forgnsg tdg
vnaug wd`od mivgrfkgft rgog`vgs eir tdg kifgy `t spgfjs.
Agt kg bg ernfc. Zd`s `s n j`ee`ouat tnsc w`td tii knfy pi`fts ie rgs`stnfog!
Diwgvgr, wg dnvg rgm`stgrgj sikg primrgss. @f tdg prgsgft systgk,priourgkgft trnfsnot`ifs tncg panog nt tii knfy aiona`t`gs nfj tdg oiftrnots
nrg sdirt tgrk. Oifsgqugftay tdgrg nrg dufjrgjs ie tdiusnfjs ie trnfsnot`ifs
erik n kuat`tujg ie ogftrgs. Zdgrg `s vgry a`ttag v`s`b`a`ty ie naa tdgsg trnfsnot`ifs.
]d`ag iur nbagst o`v`a sgrvnfts dnvg dnj mrgnt j`ee`ouaty `f ipt`k`s`fm
priourgkgft, `t dns y`gajgj r`od p`oc`fms eir tdisg wdi sggc ti gxpai`t `t. Zdgrg
nrg nasi tii knfy pgipag wdi dnvg n stncg `f cggp`fm tdg systgk tdg wny `t `s.
Iur siaut`ifs, d`tdgrti, dnvg fit kntodgj tdg s`zg nfj oikpagx`ty ie tdg
odnaagfmg. Ns kuod ns @ wnft, @ onffit s`kpay wnvg n knm`o wnfj ti kncg
tdgsg pribagks j`snppgnr. Zd`s `s mi`fm ti tncg n spgo`na geeirt erik naa ie us `f
Mivgrfkgft, nss`stgj by pgipag `f bus`fgss nfj brinjgr sio`gty. Nfj `t w`aa
tncg t`kg. But wg nrg jgtgrk`fgj ti kncg primrgss.
Zdg priogss eir sgtt`fm up tdg Od`ge Xriourgkgft Iee`og `f tdg Fnt`ifna
Zrgnsury dns bgmuf `f gnrfgst nfj @ sdnaa siif bg nbag ti nffiufog tdg fnkg
ie n Od`ge Xriourgkgft Iee`ogr. N prilgot tgnk sgoifjgj erik stntg nmgfo`gs
nfj tdg pr`vntg sgotir dns `jgft`e`gj eiur kn`f strgnks ie wirc, `fviav`fm
`kkgj`ntg rgkgj`na not`ifs, `kpriv`fm tdg ourrgft systgk, stnfjnrj`s`fm tdg
Jgegfog, puba`o irjgr nfj snegty
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28>? Bujmgt _pggod
20
priourgkgft ie or`t`ona `tgks noriss naa mivgrfkgft nfj tdg aifm-tgrk
kijgrf`snt`if ie tdg gft`rg systgk.
Nkifm tdg e`rst `f`t`nt`vgs ie tdg OXI w`aa bg ti gfdnfog tdg gx`st`fm systgk ie
pr`og rgegrgfo`fm. Zd`s w`aa sgt en`r vnaug pr`ogs eir ogrtn`f miijs nfj sgrv`ogs.
_goifjay, `t w`aa p`ait priourgkgft trnfseirknt`if primrnkkgs `f tdg
Jgpnrtkgfts ie Dgnatd nfj Xuba`o ]ircs, fnt`ifnaay nfj `f tdg priv`fogs.
Fnt`ifna Zrgnsury `s ourrgftay sorut`f`s`fm =5 bus`fgss gft`t`gs w`td oiftrnots
wirtd R4.: b`aa`if wd`od wg bga`gvg dnvg `fer`fmgj tdg priourgkgft ruags, wd`ag
_NR_ `s ourrgftay nuj`t`fm kirg tdnf ?88 bus`fgss gft`t`gs nfj sorut`f`s`fm
nfitdgr =88 gft`t`gs. Zdg vnaug ie tdgsg oiftrnots `s gst`kntgj nt ivgr
R>8 b`aa`if. _i enr 2>5 onsgs dnvg bggf e`fna`sgj rgsuat`fm `f nssgsskgfts
nkiuft`fm ti ivgr R:48 k`aa`if bg`fm rn`sgj. Zdg E`fnfo`na @ftgaa`mgfog Ogftrg
dns rgegrrgj ivgr R5.7 b`aa`if eir `fvgst`mnt`if a`fcgj ti oirrupt not`v`t`gs.
@ euaay suppirt K`f`stgr _`suaus onaa eir nppripr`ntg ourbs if iee`o`nas ji`fm
bus`fgss w`td mivgrfkgft. @ w`aa oikpagkgft dgr `f`t`nt`vg by na`mf`fm tdg Xuba`o
E`fnfog Knfnmgkgft Not w`td tdg priv`s`ifs ie tdg Xuba`o _grv`og Not.
]irajw`jg, spgo`na kgnsurgs nrg bg`fm tncgf ti ivgrsgg tdg nooiufts ie wdnt
dnvg bgoikg cfiwf ns pia`t`onaay gxpisgj pgrsifs puba`o rgprgsgftnt`vgs
nfj sgf`ir iee`o`nas. @ dnvg nscgj tdnt tdg E@O sdiuaj gxpairg diw wg k`mdt
br`fm _iutd Ner`on `fti a`fg w`td tdgsg `ftgrfnt`ifna nft`-oirrupt`if nfj nft`-kifgy anufjgr`fm stnfjnrjs.
Znxpnygrs, nfj `fjggj naa _iutd Ner`onfs nrg ufjgrstnfjnbay `kpnt`gft eir
tnfm`bag odnfmg. N rgourr`fm tdgkg `f tdg t`ps sgft ti kg eir td`s Bujmgt wns ti
gfsurg vnaug eir kifgy. Xgtgr Kn`bgai, nmgj 2:, erik Xrgtir`n, sukkgj `t up
ns eiaaiws< K`f`stgr @ wif't bg enfoy w`td wirjs ir oikpa`ontgj `jgns ky
njv`og eir n dgnatdy nfj sustn`fnbag e`sous `s ti brutnaay grnj`ontg oirrupt`if,
tdgf wg w`aa bg difiurgj ti pny tnxgs.
Kr Kn`bgai, @ oiuajft nmrgg kirg. Riit`fm iut oirrupt`if rgqu`rgs oiaagot`vg
geeirt erik naa ie us.
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?8
Oifoaus`if
Ky s`fogrg npprgo`nt`if migs ti Xrgs`jgft \ukn nfj Jgputy Xrgs`jgft
Kitanftdg eir tdg`r mu`jnfog nfj suppirt.
Ky npprgo`nt`if nasi migs ti Oiaagnmugs ie tdg K`f`stgrs Oikk`ttgg if tdg
Bujmgt, eir tdg`r oift`fuius nfj v`mirius gfmnmgkgft w`td tdg odnaagfmgs tdnt
enog us, nfj tdg`r biaj nfj stgnjenst njv`og ti Onb`fgt.
@ w`sd ti tdnfc ky Onb`fgt oiaagnmugs wdi oiaagot`vgay iwf td`s bujmgt. Zdg`r
suppirt nfj ufjgrstnfj`fm eir tiumd kgnsurgs `s d`mday npprgo`ntgj.
N dgnrtegat tdnfc yiu ti Jgputy K`f`stgr Fgfg, wdisg v`m`anft pnrt`o`pnt`if nfj
siufj njv`og `s `fvnaunbag ti kg.
Ky tdnfcs ti tdg KGOs ie E`fnfog, wdi pany n or`t`ona riag ns munrj`nfs ie
:? pgr ogft ie iur spgfj`fm.
Iur npprgo`nt`if nasi migs ti? Bujmgt _pggod
?>
Zdg agnjgrsd`p ie tdg Xuba`o @fvgstkgft Oirpirnt`if, tdg E`fnfo`na_grv`ogs Binrj, tdg E`fnfo`na @ftgaa`mgfog Ogftrg nfj tdg Mivgrfkgft
Xgfs`if Njk`f`strnt`if Nmgfoy,
Zdg knfnm`fm j`rgotir ie FGJANO, Kr Na`stn`r _k`td, nfj tdgoifst`tugfoy rgprgsgftnt`vgs eir tdg`r gfmnmgkgfts w`td tdg Zrgnsury,
Zdg Difiurnbag Zdnbn Kuenknj` nfj Odnrga jg Bggr, wdi odn`r tdg_tnfj`fm nfj _gagot Oikk`ttggs if E`fnfog rgspgot`vgay, nfj tdg
odn`rpgrsifs ie tdg tdg Nppripr`nt`ifs Oikk`ttggs, tdg Difiurnbag
Gaa`it _imif` nfj Zgbimi Odnnfg, wdi gfsurg tdnt Xnra`nkgft rgkn`fs
n v`brnft eiruk eir gfmnmgkgft, nooiuftnb`a`ty nfj puba`o pnrt`o`pnt`if,
J`rgotir-Mgfgrna Aufm`sn Euz`ag (nfj Krs Euz`ag) eir d`s priegss`ifna`sk,ernfcfgss nfj prieiufj oikk`tkgft ti bu`aj`fm orgj`bag `fst`tut`ifs nfj
njvnfo`fm mivgrfkgfts iblgot`vgs,
Zdg knfnmgkgft tgnk nfj stnee ie tdg Fnt`ifna Zrgnsury, wdisggxtrnirj`fnry oiftr`but`ifs nfj onr`fm eir n bgttgr _iutd Ner`on gfdnfog
iur oiuftrys stnfj`fm `f `ftgrfnt`ifna eirn,
Ky Od`ge ie _tnee, Jifji Kimnlnfg, nfj tdg K`f`stry stnee eir tdg`rgftdus`nst`o suppirt,
Ky vgry suppirt`vg enk`ay wdi kncg ky oiftr`but`ifs piss`bag.
Nfj e`fnaay, @ kust gxprgss s`fogrg mrnt`tujg ti _iutd Ner`onfs erik naa pnrts ie
tdg oiuftry wdi ieegr wirjs ie gfoiurnmgkgft ns wgaa ns or`t`qugs nfj
oifogrfs! Zd`s `s wdnt cggps us nooiuftnbag nfj jr`vgs us ti oifstnftay
`kprivg.
Zdg cgy p`aanrs ie td`s Bujmgt nrg? Bujmgt _pggod
?2
Euturg mriwtd `s nasi jgpgfjgft if pr`vntg-sgotir `fvgstkgft `f tdggoifiky.
Zdg Fnt`ifna Jgvgaipkgft Xanf w`aa bg `kpagkgftgj by mivgrfkgft nfj
bujmgts w`aa bg na`mfgj ti `t.
Mivgrfkgft oift`fugs ti `fvgst s`mf`e`onftay `f `fernstruoturg
]g nrg tnc`fm njj`t`ifna stgps ti orgntg ippirtuf`t`gs eir yiufm pgipag.
Rgjuogj rgvgfug rgsuats `f agss spgfj`fm `f tdg ygnrs ndgnj ufagss tdggoifiky mriws.
Zdgrg nrg fgw ippirtuf`t`gs ti bg sg`zgj `f Ner`on nfj itdgr gkgrm`fmknrcgts.
]g dnvg oikk`ttgj ti rgv`gw`fm nfj nssgss`fm iur tnx pia`oy ernkgwircnfj `ts riag `f suppirt`fm tdg iblgot`vgs ie `foaus`vg mriwtd, gkpaiykgft,
jgvgaipkgft nfj e`sona sustn`fnb`a`ty.
N fgw aiona mivgrfkgft eirkuan bgfge`ts rurna kuf`o`pna t`gs.
Difiurnbag _pgncgr, @ tnbag td`s bujmgt `f tdg dipg tdnt ns n fnt`if wg w`aa bg
nbag ti r`sg nbivg iur sgot`ifna `ftgrgst, nfj, ns yiu sn`j Kr Xrgs`jgft, prgvn`a
w`td mrgntgr kntur`ty, puaa timgtdgr nfj tncg td`s oiuftry eirwnrj.
]g dnvg sn`j tdnt _iutd Ner`on `s odnfm`fm. Agt us wirc timgtdgr ti gfsurg tdnt
rgnaay, tikirriw, w`aa bg bgttgr tdnf tijny.
@f oifoaus`if, agt kg rgk`fj td`s Diusg ie wdnt eirkgr Xrgs`jgft Fgasif
Knfjgan sn`j< ]dnt oiufts `f a`eg `s fit tdg kgrg enot tdnt wg dnvg a`vgj. @t `s
wdnt j`eegrgfog wg dnvg knjg ti tdg a`vgs ie itdgrs tdnt w`aa jgtgrk`fg tdg
s`mf`e`onfog ie tdg a`eg wg agnj
@ tdnfc yiu
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28>? Bujmgt _pggod
??
_ukknry ie tdg fnt`ifna bujmgt
28>2/>? 28>?/>: 28>:/>7 28>7/>5
Bujmgt Rgv`sgj Bujmgt Kgj`uk-tgrk gst`kntgsgst`kntg gst`kntg gst`kntg
R k`aa`if
RGUGFWG
Gst`kntg ie rgvgfug bgeirg tnx pripisnas 4=7 ?=4
Bujmgt 28>?/>: pripisnas 2>8 @forgnsg `f `fonfjgsogft buab agvy 78 @forgnsg `f panst`o bnm agvy 08
@forgnsg `f OI 2 vgd`oag gk`ss`if tnx ?77
Gst`kntg ie rgvgfug netgr tnx pripisnas =00 ?:> =42 :=: 4=2 055 05= 02? > 8=8 =2=Xgrogftnmg odnfmg erik prgv`ius ygnr >>.5 >8.0% >8.5
GTXGFJ@ZWRG
J`rgot odnrmgs nmn`fst tdg Fnt`ifna Rgvgfug Eufj :>0 025 :2: 5>7 :52 ?5? :07 70> 7?8 504
Jgbt-sgrv`og oists 40 ?44 44 ?27 00 =:> >84 =>4 >>4 >5?Xriv`fo`na gqu`tnbag sdnrg ?80 87= ?>? 8>5 ??= 7=2 ?70 02: ?4? 50=
Mgfgrna euga agvy sdnr`fm w`td kgtris 0 8:8 0 8:8 0 5>? >8 >08 >8 570_c`aas jgvgaipkgft agvy nfj _gtns 0 585 >> :88 >2 :8? >? 7:: >: 4>=
Itdgr>)
2 4?7 2 4?7 ? 8?2 ? 2>: ? ?52
Nppripr`ntgj by vitg 7:? 5?8 7:2 ?72 744 542 5?7 408 547 820
Ourrgft pnykgfts >77 48? >74 ?55 >54 45= >=0 2?: >44 ?45Zrnfsegrs nfj subs`j`gs ?=> 8>8 ?50 :40 :82 572 :?7 4>? :=5 >82Xnykgfts eir onp`tna nssgts >7 >=5 >? 8:7 >: 274 >= 708 >= 7>=Xnykgfts eir e`fnfo`na nssgts > 5:> > :7> 2 087 ? 272 ? 82:Xaus8 888
Gst`kntg ie fnt`ifna gxpgfj`turg 050 ?57 055 05= > 877 8=7 > >?= 04> > 227 =2=Xgrogftnmg odnfmg erik prgv`ius ygnr 0.> =.0% =.=
28>2 Bujmgt gst`kntg ie gxpgfj`turg 050 ?57 > 87? 4?8 > >?0 7=0@forgnsg / jgorgnsg (-) -2 ?04 > 2:7 -> 704
Mriss jikgst`o prijuot ? ?8> ?=: ? 280 >:2 ? 728 254 ? 448 :85 : 2=8 4:4
>) Oifs`sts kn`fay ie snanr`gs ie Kgkbgrs ie Xnra`nkgft, lujmgs nfj knm`strntgs.
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36/39
28>? Bujmgt _pggod
?:
_ukknry ie tdg oifsia`jntgj bujmgt
28>2/>? 28>?/>: 28>:/>7 28>7/>5
u mgt gv sg u mgt g uk-tgrk gst kntgsgst`kntg gst`kntg gst`kntg
R k`aa`if
Fnt`ifna bujmgt rgvgfug >) =00 ?:> =42 :=: 4=2 055 05= 02? > 8=8 =2=
>87 :40 >87 ?=7 >>: 2=? >2: 5>? >?8 ?54 - -> 72> -> :?8 -> ?:8
Oifsia`jntgj bujmgt rgvgfug?)
08: 4?8 44= 4:0 047 =>0 > 80> >87 > >00 =77
Fnt`ifna bujmgt gxpgfj`turg>)
050 ?57 055 05= > 877 8=7 > >?= 04> > 227 =2=
44 075 44 02: 0: ?>7 >85 ?70 >84 ?4:
Oifsia`jntgj bujmgt gxpgfj`turg?)
> 874 ?2> > 877 40> > >:0 ?08 > 2:: ?:8 > ??: >>>
Oifsia`jntgj bujmgt bnanfog ->7? :0> ->54 8:? ->5? 5=> ->7? 2?: ->?: ?7=
Xgrogftnmg ie MJX -:.5% -7.2% -:.5% -?.0% -?.>%
Gxtrnirj`fnry pnykgfts -2: -2 74: -0?8 - -
Gxtrnirj`fnry rgog`pts > 288 >8 =48 : 002 2 088 ? >88
Oifsi a jntgj birriw fm rgqu rgkgft (fgt) ->72 ?>7 ->70 4:= ->70 580 ->78 ??: ->?> 27=
E@FNFO@FM
Jikgst`o ainfs (fgt) >7> >?= >:4 858 >50 4?= >5: 72? >5= ?45
Eirg`mf ainfs (fgt) -= 5=? -4 8=0 -? ?>4 ? 852 4 47:
Odnfmg `f onsd nfj itdgr bnanfogs 4 47> >0 455 -5 0>8 ->= 27> -:: 04?
Zitna e`fnfo`fm (fgt) >72 ?>7 >70 4:= >70 580 >78 ??: >?> 27=
>) Zrnfsegrs ti priv`fogs, sio`na sgour`ty eufjs nfj puba`o gft`t`gs prgsgftgj ns pnrt ie tdg fnt`ifna bujmgt
2) Rgpnykgft ie Mnutrn`f ainf, rgpn`j by tdg Mnutgfm priv`fog ti tdg Fnt`ifna Rgvgfug Eufj, fgttgj iut `f oifsia`jnt`if
?) Eaiws bgtwggf fnt`ifna, priv`fo`na, sio`na sgour`ty eufjs nfj puba`o gft`t`gs nrg fgttgj iut
Rgvgfug ie priv`fogs, sio`na sgour`ty eufjs nfj puba`o gft`t`gs
Gxpgfj`turg ie priv`fogs, sio`na sgour`ty eufjs nfj puba`o gft`t`gs
Rgpnykgft ie Mnutrn`f ainf2)
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7/29/2019 Full speech: Budget 2013
37/39
28>? Bujmgt _pggod
?7
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7/29/2019 Full speech: Budget 2013
38/39
28>? Bujmgt _pggod
?5
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7/29/2019 Full speech: Budget 2013
39/39
28>? Bujmgt _pggod