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  • Bitter medicine

    $22.4b budget cut

    2012-02-21 15:34:49 | (0 Comments)




    Minister of Finance Dr. [COLOR=blue !important][COLOR=blue !important]Peter [COLOR=blue !important]Phillips[/COLOR][/COLOR][/COLOR]- Norman Grindley/Chief Photographer
    Finance Minister Dr Peter Phillips has tabled the Supplementary Estimates in Parliament which shows that government spending has been cut by $22.4 billion.

    The proposed new budget is $525.2 billion.

    Parliament in August, had approved an increase of $2 billion in the national budget, taking it to $546.8 billion for the fiscal year, up from the J$544.7 which was approved in April.
    • Don't let negative things break you, instead let it be your strength, your reason for growth. Life is for living and I won't spend my life feeling cheated and downtrodden.
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