Budget increase of $2.3B to be considered by Standing Finance Committee

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Budget increase of $2.3B to be considered by Standing Finance Committee

The Standing Finance Committee of the House of Representatives will meet on June 3rd to consider an increase of $2,328,099,600 to the 2023/2024 budget.

Among the major supplementations which the committee will consider are $570,900,000; $155,677,500; $527, 800,000; $495, 286, 000 and $144,200,000 for the Energy, Works and Transport, Public Utilities, Health and Education Ministries respectively.

Leader of Government Business Camille Robinson-Regis announced the date of this meeting in the House on May 24.

A $50 million increase in funding for the Tobago House of Assembly (THA) will also be considered by the committee.

Other increased supplementations to be considered by the Standing Finance Committee on June 3:

-Service Commissions $4,140,000
-Tobago House of Assembly $50,000,000
-Office of the Attorney General and Legal Affairs $124,300,000
-Education Ministry $144,200,000
-Labour Ministry $130,538,600
-Public Utilities Ministry $527,800,000
-Energy Ministry $570,900,000
-Rural Development and Local Govt Ministry $95,027,500
-Works and Transport Ministry $155,677,000
-Foreign and Caricom Affairs Ministry $9,182,500
-Tourism, Culture and the Arts Ministry $21,048,000