BUDGET WRAP

Members of Parliament approved the 2020 Appropriation Bill in Parliament last night, following the conclusion of debate on the 2020 National Budget of $1.2-billion, presented by Minister of Finance and Economic Planning, Camillo Gonsalves.

In winding up debate, Minister Gonsalves said he is optimistic about the Government’s capacity to implement capital projects this year, despite some challenges which may be encountered along the way.

The Public Sector Investment Loan Bill was also passed at yesterday’s session, and the Public Accounts Committee appointed.

Members of Parliament also approved a Resolution moved by Finance Minister Camillo Gonsalves, which stipulates that the aggregate amounts to be authorized by Special Warrants for the financial year ending 31st December, 2020 shall not exceed thirty-five million dollars.  

Parliament has adjourned until Tuesday March 12th at 10:00 a.m.



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