CASTRIES, St. Lucia, CMC – Prime Minister Phillip J Pierre will lay in Parliament the Estimates of Income and Expenditure for the fiscal yr 2024-2025 on Tuesday.
A authorities assertion stated that the presentation, by Prime Minister Pierre, who can also be the Finance Minister, will embody an in depth assessment of the federal government’s stability sheet for the monetary yr 2023-2024.
The assertion stated that Pierre had billed the upcoming fiscal package deal because the “Yr of Infrastructure,” which heralds a variety of government-backed investments in strategic capital initiatives and improvement applications.
It stated these investments will modernize and revitalize public infrastructure and construct capability within the nation’s human capital.
“The 2024-2025 Finances is long-established from the wants and priorities of Saint Lucian residents. It serves because the blueprint to assemble a brand new financial pillar that helps the persevering with improvement of our individuals and nation,” the assertion added.
It stated the Estimates of Income and Expenditure debate will start on Wednesday and conclude a day later.
Final yr, the federal government introduced to Parliament a fiscal package deal of EC$1.85 billion (One EC greenback=US$0.37 cents), the biggest within the island’s historical past.
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