JIS News

Prime Minister, Bruce Golding, informed the House of Representatives yesterday (Sep.16), that the first tranche, ($480 million) of the funding from the Constituency Development Fund (CDF), was paid on July 26.
“All Members of Parliament had an allocation of $8 million in the first tranche and all constituencies had projects approved,” he said.
Mr. Golding, who was speaking in the House of Representatives, said that in the second tranche, each constituency has an allocation of $12 million, representing a total draw down of the budgeted fund, of $720 million.
“To date the CDF Management Unit, has received $480 million of the second tranche. The balance of $240 million is available from the Ministry of Finance and the Public Service on request as required,” Mr. Golding stated.
The Prime Minister said the Unit is still receiving and processing projects for submission to the Parliamentary Committee for the second tranche. The projects to date have covered the areas of small infrastructure; training and development of farming communities; economic enablement; road repairs, and drain cleaning.
The CDF is an important people-centred development programme, that makes available financial resources, for Members of Parliament to execute social and economic programmes in their constituencies.