FINANCE MINISTER HON. DR. IRVING MCINTYRE TO PRESENT $1.4 BILLION BUDGET TO PARLIAMENT ON FRIDAY

Minister of Finance, Economic Development,

Climate Resilience and Social Security, Hon. Dr. Irving McIntyre will present the 2024/2025 budget at the First Meeting of the Second Session of the Eleventh Parliament on Friday, July 26, 2024.

The proposed Estimates of Expenditure for the financial year ending June 30, 2025, amount to one billion four hundred and eighty-six million, nine hundred and fifty-one thousand, seven hundred and ninety-three dollars (EC$1,486,951,793.00).

Parliament will also seek authorization to borrow by means of overdraft from financial

institutions as well as authorization for an additional credit facility from the International

Development Association (IDA) for funding of the Emergency Agricultural Livelihoods and Climate Resilience Project.

A resolution to amend the Value Added Tax Schedule is also on the agenda.

At this meeting, Her Excellency President Sylvanie Burton D.A.H will deliver her

inaugural address to the Parliament.

The proceedings of the House will begin at 10:00 a.m. and will be broadcast live by your preferred mediums.

-Ends-