Sun | Jan 29, 2023

Revised Budget increases spend

Published:Wednesday | March 21, 2012 | 12:00 AM

AFTER SLICING $21.6 billion off the national Budget last month, the Government has revised the national spending up by $11.2 billion.

A third supplementary estimates tabled in the House of Representatives yesterday indicates that the Government intends to increase the budget from $525.2 billion to $536.4 billion.

Recurrent expenses have increased by $3.2 billion and capital by $8 billion.

Some $1.9 billion has been allocated under the Jamaica Development Infrastructure Programme (JDIP). Of that amount, US$13.7 million relates to the Government's 15 counterpart funds which are necessary under the programme.

Dr Omar Davies, the transport, works and housing minister, said that as soon as the Government is able to clear its arrears, a listing of the projects under JDIP which are to be completed will be made available.

"The passage of the third supplementary is critical to this," the minister said.