There is much anticipation brewing over Budget 2014, as Minister of Finance, Dr. Ashni Singh is slated to present his eight consecutive budget on Monday.In keeping with tradition of the People’s Progressive Party/ Civic, this year’s budget is expected to exceed previous estimates.
While Ministry of Finance officials remain tight lipped about the contents and details of this year’s budget, indications are that it will continue to reflect Government’s commitment to the development of Guyana by investing in social services, preserving and strengthening Guyana’s macroeconomic environment, while improving quality of life of Guyana citizenry.
In previous years, the Finance Minister insisted that his budgets will continue to embrace government’s objectives, which are to ensure macro-economic stability and strength, transformative modernisation, strengthening and promoting innovative and creative enterprise with the aim of creating opportunities for all Guyanese.
These, he had said, will be accomplished through the implementation of various programmes and policies across the sectors.
Budget 2013 was a whopping $208.8B, the largest in the history of Guyana.
The graph below reflects the annual proposed budgets over the past six years.