2012/2013 Budget Reduced by $9.89 Billion
The first Supplementary Estimates of Expenditure for fiscal year 2012/2013 was tabled in the House of Representatives on Tuesday, February 5, by Minister of Finance and Planning, Dr. the Hon. Peter Phillips. It reveals that the budget has been revised downwards from $612.4 billion to $602 billion, a reduction of $9.89 billion. The Estimates show a decrease in the recurrent,...


