Sunday 18 August, 2019

Mid-Year Budget review scheduled for May 13

The Mid-Year Budget review for 2019 will be held in a little over a week.

Finance Minister Colm Imbert at the Post Cabinet briefing on Thursday announced that the review would be conducted on May 13.

He noted that in addition to the usual review of the performance of revenue and expenditure for the first six months of the fiscal year, a Supplementary Appropriation Bill will be presented.

The Bill will allow ministries to be put in funds to deal with long outstanding bills to suppliers and contractors.  

Get the latest local and international news straight to your mobile phone for free: