Dominica: Within the reside 2024/2025 funds session, Dominica’s Minister of Finance, Dr. Irving McIntyre, unveiled the 2024/2025 funds. He revealed sizeable allocations throughout varied sectors, together with substantial funding for healthcare, training, and his personal finance ministry. At 296.3 million, constituting over forty % of complete recurrent bills, the finance division acquired the very best allotment.
The well being ministry secured the second largest chunk of funding. At 81.9 million, representing simply over twelve % of recurring prices, this allocation will assist Dominica’s response to ongoing medical wants and priorities. Shut behind was the Ministry of Schooling with 70 million to advance studying initiatives, accounting for barely over ten % of complete deliberate initiatives.
The Ministry of Nationwide Safety acquired substantial funding for the approaching fiscal yr, with their 60.6 million funds slotting them in because the fourth highest recipient and accounting for 8.9% of all anticipated outlays. Not far behind in fifth was the Ministry of Public Works, gaining allocation of 8.1% of the entire projected expenditure.
Whereas safety and infrastructure earned important financial support, the expenditure estimate got here in at a full-bodied $679.4 million. The whole record of funds allotment is listed under;
- Workplace of the President: 1.2 M
- Integrity in Public Workplace Fee: 0.5 M
- Public and Police Service Fee: 0.4 M
- The Legislature: 1.2 M
- Audit Division: 1.1 M
- Electoral Workplace: 1.9 M
- Ministry of Nationwide Safety: 60.6 M
- Workplace of the Prime Minister: 10.4 M
- Ministry of Finance: 296.3 M
- Ministry of Agriculture, Marine: 9 M
- Ministry of Schooling: 70 M
- Ministry of Housing: 6.2 M
- Ministry of Well being: 81.9 M
- Ministry of Atmosphere: 11.2 M
- Ministry of Tourism: 20.6 M
- Ministry of Tradition: 12.8 M
- Coaching Division: 9.9 M
- Ministry of Public Works: 55 M
- Ministry of International Affairs: 22.8 M
- Cupboard Workplace: 3.8 M
- Ministry of Labour: 2.2 M
- Items and Companies: 234.9 M (35% of complete expenditure)
- Private Involvements: 167.1 M (25% of complete expenditure for Public Officers)
- Retirement Advantages: 144.6 M
For capital expenditure, a complete of 934.9 million was allotted with notable however uneven distributions as outlined under. Huge investments had been into transportation networks and academic services nonetheless sure initiatives obtained comparatively constrained assist.
- Workplace of the President: 0.07 M
- The Legislature: 0.1 M
- Audit Division: 1.1 M
- Ministry of Nationwide Safety: 4.3 M
- Ministry of Finance: 10 M
- Ministry of Agriculture, Marine: 52.2 M
- Ministry of Schooling: 22.8 M
- Ministry of Housing: 70.5 M
- Ministry of Well being: 7.5 M
- Ministry of Atmosphere: 41.2 M
- Ministry of Tourism: 17.2 M
- Ministry of Tradition: 11.8 M
- Coaching Division: 1.7 M
- Ministry of Public Works: 164.8 M
- Ministry of International Affairs: 32.8 M
This intricate funds epitomizes the administration’s priorities with substantial and numerous investments in crucial sectors meant to foster long-lasting progress and improve public providers by means of advanced but coordinated efforts.
