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  • The House of Representatives, on Tuesday (March 29), approved a Resolution which will provide the Government with a sum of $83.83 billion to carry-on its business for a period of three months, from April 1 to June 30.
  • He noted that the Resolution would authorise expenditure up until June 30, as it is expected that the Appropriation Act covering the period April 1, 2016 to March 31, 2017 would be passed.
  • The 2016/2017 budget is to be tabled on April 14, with the Budget Debate to be held from May 9 to 19.

The House of Representatives, on Tuesday (March 29), approved a Resolution which will provide the Government with a sum of $83.83 billion to carry-on its business for a period of three months, from April 1 to June 30.

Moving the resolution, Minister of Finance and the Public Service, Hon. Audley Shaw, informed that the sum comprised $76.46 billion for recurrent expenditure and $7.37 billion for capital spending.

He noted that the Resolution would authorise expenditure up until June 30, as it is expected that the Appropriation Act covering the period April 1, 2016 to March 31, 2017 would be passed.

The sum does not include provisions for: any increases in salaries or allowances, other than approved increments agreed upon by the Government in the financial year to be paid in 2016/17; any increase in the establishment over that approved in 2015/16 or; any new service or work for which no provision was made in the 2015/16 estimates of expenditure, or which has not otherwise received the approval of the House.

The carry-on budget is to take care of the spending needs of the Government until the next budget is presented.

The 2016/2017 budget is to be tabled on April 14, with the Budget Debate to be held from May 9 to 19.