The Annual Budget indicates what will be done with the finances of the country over the course of a year. The purpose of the Budget is to decide how much money the Government plans to expend on security, roads, water, housing and other services it provides.
The Budget Debate provides the Government with the opportunity to take stock of its performance over the previous fiscal year, to measure its progress in relation to the targets previously set and to assess the effectiveness of its management of the country's finances.
Here is a list of key terms and their meanings used during the Budget Debate: - Recurrent Expenditure - Capital Expenditure - Appropriation Act - Estimates of Expenditure
Below is the planned Budget 2024/2025 Financial Year Budget Debate Schedule
Minister of Finance and the Service
Julian Robinson
Leader of the Opposition
Prime Minister
Take a look at the Speeches for the Budget 2024/2025 Budget Debate and Sectoral Speeches
Get the latest news and updates on Jamaica's Budget 2024/2025 Budget Debate
Some 243,000 Jamaicans have been approved for the Government’s Reverse Income Tax Credit. This financial initiative is designed to assist...
The Senate passed the Appropriations (Amendment) Bill, today (April 12), which seeks to remove, from the Act, the amounts related...
Prime Minister, the Most Hon. Andrew Holness, has announced that $9 billion is earmarked under the revitalised Urban Renewal Programme...
Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, says the Reverse Income Tax Credit provision is...
A Working Group is being established to review the Additional Stamp Duty (ASD) regime, including the application for raw foods,...
Increased focus will be placed on the Washington Boulevard Improvement Project in fiscal year 2024/25, as the Government works to...