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Budget debate gets underway today

BVI News Staff - Thursday, March 22nd, 2012 at 3:41 AM

House of Assembly Building

Debate on the 2012/2013 budget is to begin in the House of Assembly today.

Premier and Minister for Finance Dr. D. Orlando Smith in January presented a budget of $287, 472,000 for 2012. Projected expenditure was put at $258,472,000 and with an estimated surplus on operations of $29,000,000.

Following the presentation of the budget, members of the House were engaged in Standing Finance Committee deliberations that ended last week.

At today’s sitting, Dr. Smith will lay the report on the Deliberations of the Standing Finance Committee on the table of the House. He will also lay on the table of the House the British Virgin Islands Financial Investigation Agency 2012 Draft Budget Estimates and Customs Department 2009 annual reports and the Minister of Health Ronnie Skelton will lay on the table of the House the HIV Aids Foundation 2008, 2009 and 2010 annual reports.

Before debate on the budget begins, Dr. Smith will move a motion for the third reading on the merits and principles of the Bill entitled, Appropriation Act, 2012.

Also at today’s sitting, government members will present three bills for their first readings.

The Minister of Education Myron Walwyn will move a motion for the first reading of the Bill entitled Recreation Trust Amendment Act, 2012 and the  Attorney General will a motion for the First Reading of the Marriage Amendment Act , 2011 and the Disaster Management Act, 2011.

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    March 22, 2012
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    What is the Marriage Ammendment act of 2011

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