Prime Minister and Minister for Finance Roosevelt Skerrit has announced the date for the presentation of the 2019-2020 National Budget stating that there will be no new taxes added.
“The date which hase been set for the 2019/2020 budget proposals and budget address is July 30th 2019,” he said. “So this is the budget day and we look forward to the presentation…”
He continued, “We have always managed the affairs of the country in a prudent and responsible manner. We will continue to do the same thing whether it is an election year or not.”
According to Skerrit, his government has always maintain that the prudent and responsible management of the state finances and the fiscal situation of the country is very important and the same discipline will be carried through in the budget.
He went on to say that there will be some very progressive policy announcements which will be articulated in the budget address.
Skerrit indicated that there is always a justification in small economies like Dominica for additional tax revenue, especially in the Post-Maria situation with regard to the cost of goods and services to the state and the cost of reconstruction.
“We would see a dramatic increase in expenditure, because a large core section of society relies on the state for certain interventions and improvement in lives.”
“The government have been shouldering a very large portion of this burden, but we have always maintained, the government, that we will not see any new taxes being imposed on the people of Dominica in the 2019-2020 budget,” he stated.