Minister of Finance, Mr. Winston Jordan, has announced a $267.1 billion budget for 2018. The budget was presented under the theme ‘the Journey to the Good life continues’ is being regarded by the APNU+AFC Government as one for the people.
According to Jordan in his presentation, “Budget 2018 is about the Government continuing to rise to the challenges, and fostering the conditions and creating the opportunities for renewal and expansion in the economy, in order to secure the Good Life in the future.”
As a result, he noted that Budget 2018 focuses on a number of strategic actions, including: consolidating the macroeconomic fundamentals; fostering higher growth for more and better jobs; improving the quality of life of people; investing in skills development; investing massively in infrastructure; doing more to facilitate business; stimulating growth and employment in the productive sectors; and supporting micro, small and medium enterprises; among others.”
Since taking office in 2015 the APNU+AFC government has announced a $221 billion budget in 2015, $a 230 billion budget in 2016 and a $250 billion budget in 2018. The Finance Minister has boasted the ruling regime being able to present all of its budgets early.
But the parliamentary opposition, The People’s Progressive Party is not impressed by this or any of the other budgets presented by the APNU+AFC government. In fact it has dubbed this budget particularly disastrous since it fails to address the concerns of the people.