Within just a few short months of passing the 2019 budget, Premier and Minister of Finance Andrew Fahie has returned before the House of Assembly to deliver his address for the 2020 budget today, November 19.
The Premier will discuss the state of the territory’s economic and fiscal performance as well as the government’s fiscal strategy and outlook for 2020.
This year’s Budget Address is said to be “closely aligned with the Going Green, Going SMART pieces of legislation that the government intends to bring forward”.
The 2020 budget address will be delivered under the theme Transformation for Resilience: SMART Strategies, Stability, Green Development and Empowered People.
The Premier’s address is consistent with his government’s pioneering promise to pass the 2020 budget by December 15, 2019.
Fiscal budgets are usually passed either in the first or second quarter of the new year. But with the Premier’s new plan, budgets will be passed in the fourth/last quarter of the old year.
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