Friday, April 26, 2024

Dominica Budget on July 29

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ROSEAU, Dominica – The Budget address for the Fiscal Year 2021/22 will be presented to the nation on July 29.

According to a post-Cabinet statement the Prime Minister and Minister for Finance, Roosevelt Skerrit, will seek Parliament’s approval to appropriate an amount of EC$993.6 million from the Consolidated Fund.

Of this amount, $438.9 million is allocated to Government’s Public Sector Investment Programme.

In this year’s Public Sector Investment Programme, the Government will advance projects geared towards the continued diversification and transformation of the Economy.

The development of the International Airport will feature as the single most prominent project, with estimated expenditure of $75 million.

The Prime Minister will also propose to Parliament a number of new policy measures which will bring additional economic benefits to our people. Many of these were crafted following feedback and consultation with the private sector, citizens and residents. (CMC)

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