The 2012/13 Budget Debate begins on May 24, in the House of Representatives, with Minister of Finance, Planning and Public Service, Hon. Dr. Peter Phillips, making his presentation.

Dr. Phillips will tell the nation how the $612.4 billion budget for the fiscal year will be funded.

On May 10, the Minister tabled the 2012/13 Estimates of Expenditure in the House, which showed that $375 billion has been allocated for Recurrent (House-keeping) expenses and $237.4 billion for Capital (Development) expenses.

The Standing Finance Committee of the House met and considered the Estimates from May 16 to 17.

The Budget Debate will last until June 6.  During the debate, selected members of the Government and the Opposition will make presentations.

Opposition Spokesman on Finance, Audley Shaw, is expected to make his presentation on Tuesday, May 29, while presentations will be made by a Government Minister and an Opposition Spokesman on Wednesday, May 30. 

On Thursday, May 31, Opposition Leader, Andrew Holness, is scheduled to make his contribution to the debate.                                             

Prime Minister the Most Hon. Portia Simpson Miller is slated to make her presentation on Tuesday, June 5, while the Finance Minister will close the Debate on Wednesday, June 6.

After the Budget Debate is completed, other members of the House of Representatives will make their presentations in the Sectoral Debate, which follows.

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