West Bengal Chief Minister Mamata Banerjee today described Prime Minister Manmohan Singh as an honest person and said he understood economics.  

"Prime minister is an honest person. He understands economics," the Trinamool Congress chief told reporters while announcing her party's support for UPA presidential candidate Pranab Mukherjee.   

When pointed out that the state was yet to get any financial package from the Centre, Banerjee replied, "Let's see what happens."