BVI News

Budget day today!

Premier Fahie

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.

Shares

Copyright 2024 BVI News, Media Expressions Limited. All Rights Reserved. This material may not be published, broadcast, rewritten or distributed.

2 Comments

Disclaimer: BVI News and its affiliated companies are not responsible for the content of comments posted or for anything arising out of use of the comments below or other interaction among the users.

  1. Peaches says:

    Well, I listening and how you speaking, Premier, it doesn’t sound like the civil servants will get those other increments that you promised by December 15th. Well, well, that security money you spending, that security money you spending…

    I coulda well do with da money for Christmas.

    The country broke!!

    Like 1
    Dislike 3
  2. Hope says:

    Alkebukan minds Recycling inc a local cooperation with much to offer to the government an the citizen’s of the territory with a viable solution for the ongoing waste problem, to create over 100 jobs and they are being silenced VIP not really empowering the youths atall tall sad

Leave a Reply

Shares