When Prime Minister and Minister for Finance, Hon. Roosevelt Skerrit presents the 2012-1013 national budget on Tuesday July 17, 2012, Dominicans can expect him to address Government’s plan to further cushion the country from the economic shocks now taking place globally.
The Prime Minister says a decline in revenue and increase in expenditure are major factors which will be taken into consideration in the upcoming budget.
“Clearly the budget is being prepared against the backdrop of what is happening around the world. We have to be mindful of the challenges confronting us. We have seen in some cases, a drop in revenue and an increase in expenditure.”
The Prime Minister who will be presenting his ninth budget since assuming office in 2004, says this year’s budget will continue to put the people of Dominica first.
“Certainly we are mindful of some of the challenges confronting our people. Conatined in this budget, you will see some measures towards addressing some of the concerns that people have been raising from time to time.”
The prime minister has assured Dominicans that while the budget will not address all the challenges confronting the country, it will take into consideration aspects of Dominica’s growth and social protection strategy (GSPS).
“We have a GSPS- Growth and Social Protection Strategy which informs us of what we can do to improve the economic fortunes of the country and so we are following that GSPS and the budget is being prepared within the framework and the context of that GSPS.”
As is customary at the start of a new Parliamentary Session, there will be an address by the President of Dominica, His Excellency, Dr. Nicholas J.O Liverpool DA.H. O.C.C.