Standing Finance Meeting postponed
A meeting of the Standing Finance Committee of Parliament to discuss the first supplementary estimates of expenditure was postponed this morning.
This is the first time in recent history that such a meeting has been rescheduled.
Journalists, who turned up at Gordon House to provide coverage for the event, were told that the Ministry of Finance had advised that the meeting would not be held today.
Attempts to reach Finance and Public Service Minister Audley Shaw for a comment was unsuccessful.
Recently, the Government tabled the first supplementary estimates of expenditure for the 2007/2008 fiscal year. The estimates totalled $402.5 billion which represents $22.1 billion more than the $383 billion for last year.
Recurrent expenses accounted for $13.4 billion while capital expenditure amounted to $8.7 billion.