Friday, March 29, 2024

Haynes: Tackle infrastructure

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Central Bank Governor Cleviston Haynes wants Government to find some room in its 2020/2021 budget for investment in local infrastructure.

Haynes, who reported that Government was on track to achieve a six per cent primary balance by the end of March, also expected health care to continue accounting for a major portion of national spending this year and in the future.

He was speaking during a press conference at the bank following the release of the economic review for 2019.

The Central Bank head said: “During the first nine months of fiscal year 2019/20, the public finances strengthened, reflecting Government’s commitment to pursue a primary balance equivalent to six per cent of GDP. (SC)

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