Dominica’s Prime Minister, Roosevelt Skerrit, has announced that the 2014-15 national budget will be presented to the nation next week Wednesday at the Parliament building on Victoria Street.
Speaking at the Annual General Meeting of the Grotto Home for the Homeless at the Fort Young Hotel on Monday, Skerrit said the week had been “very tight” but he is working on finalizing his budget speech.
“I have to focus on that because it will be delivered next Wednesday in the parliament, on the 23rd,” he said.
According to the prime minister despite the drop in the country’s revenue the social safety nets will remain intact.
“Notwithstanding the fact that our revenue has dropped, like every other country in the world, we are committed to keeping the safety nets intact,” he noted. “And this is why we have not tampered with any of the social safety nets we have instituted in this country. If it means that I have to stop the construction of a road or a piece of infrastructure to finance the social safety net programs, that shall be done.”
Recently he also told GIS that there will no major fiscal cuts in the budget.
“We continue to invest in agriculture, education and health. As a matter of fact our budget for education and health has increased in the last financial year. So we will not see any major cuts in any of those Ministries but you will see us moving ahead with many exciting plans and programs,” Skerrit said.
He said that his Government’s policy of financial prudence will be maintained throughout the next financial year and will be evidenced in the 2014/2015 budget.