Thursday November 29, 2012
Global Jamaica: News
PM to deliver budget on December 3
Published: Thursday November 29, 2012 | 6:23 pm Comments 0KINGSTOWN, St. Vincent, CMC:
Prime Minister Dr. Ralph Gonsalves will deliver the 2012-13 national budget on December 3 as his administration prepares to law the estimates of income and expenditure in Parliament later this week.
Last year, legislators approved estimates of EC$793.9 million (One EC dollar = US$0.37 cents) for the budget that was 0.7 per cent or EC$7.42 million (US$2.78 million) more than the approved budget for the previous year.
Gonsalves, who is also finance minister, has already hinted that pensions will be among the major challenges for his administration during the next fiscal year.
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