Work on Budget 2015 advancing apace, says Finance Minister
Finance Minister Dr. Ashni Singh
Finance Minister Dr. Ashni Singh

– will set stage for further growth and development in Guyana

Finance Minister Dr. Ashni Singh last evening stated that work has commenced and is continuing apace on preparation of Budget 2015. The Minister indicated that his Ministry has already issued the budget call circular in accordance with the Fiscal Management and Accountability Act 2003, and his technical officers have already commenced meeting with the various sector Ministries and Departments.Minister Singh indicated that, as in previous years, he will be meeting himself with key stakeholder groups including the private sector and organised labour in order to receive the benefit of their inputs and views. Over the years, Minister Singh said, these meetings with stakeholders have provided a very useful opportunity to exchange views and perspectives with the respective groups, and have served a useful purpose in enabling a better understanding by the stakeholders of some of the constraints within which Government operates.

The e Minister indicated that the policy imperative against which Budget 2015 is being crafted is continued growth and accelerated development across Guyana, pointing out that over the years successive budgets presented by the PPP/C Government have enabled the Guyanese economy to achieve greater resilience, with eight years of uninterrupted growth since 2006, at a time when the rest of the global economy was reeling in crisis. The Minister also pointed out that these budgets have brought vast improvements in the quality of life enjoyed by all Guyanese, whether it be access to education, public healthcare, housing and water, or roads and bridges.

At the same time, Minister Singh emphasised that implementation of Budget 2014 is continuing satisfactorily, with a number of the initiatives announced therein already at an advanced stage of implementation. He indicated that he recently called on his Cabinet colleagues to ensure full implementation of all of the initiatives contained in Budget 2014, and for early identification of priorities for Budget 2015.
Budget 2014 was presented to the National Assembly on 24 March 2014, and was Guyana’s largest ever at $220B.

SHARE THIS ARTICLE :
Facebook
Twitter
WhatsApp

Leave a Comment

Your email address will not be published. Required fields are marked *

All our printed editions are available online
emblem3
Subscribe to the Guyana Chronicle.
Sign up to receive news and updates.
We respect your privacy.