Friday, May 3, 2024

Budget $155m bigger

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GOVERNMENT is proposing an even bigger Budget of $4 549 billion for the new fiscal year starting April 1 despite its acknowledged financial constraints.

The higher spending, which is about $155 million more than in the current financial year ending in a few weeks on March 31, is set out in the Estimates of Revenue and Expenditure for 2017-2018 laid in the House of Assembly yesterday.

Minister of Finance Chris Sinckler will lead off debate which begins in the House next Monday at 10 a.m.

According to a press release issued by Government, it is estimating its total expenditure for fiscal 2017-2018 at $4 549.5 million. (AB)

Please read the full story in today’s Midweek Nation, or in the eNATION edition.

 

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