MLA Naresh Sawal blasts BJP government, warns about financial situation of Goa

PANAJI: Independent MLA Naresh Sawal today said Goa may face a "Greece-like situation" due to the increasing debts and uncontrolled government spending.

"BJP is pushing Goa towards Greece-like financial situation. The mounting debts coupled with the free-handed spending by the government is worsening the financial situation of the state," said Sawal, who represents Bicholim constituency, while speaking to the reporters.

The debt burden of the coastal state was in the range of Rs 18,000-20,000 crore, he said.

"While the loan liabilities are increasing, the members of the BJP-led government are busy enjoying at the cost of exchequer....What Goa is doing now is the same thing Greece did and faced the consequences," he said.

The next government which will come to power after the 2017 polls would be saddled with this huge debt run up by the BJP-led regime, Sawal said.