A staggering $48.9 million extra has been budgeted this year for new contract workers. Almost every Ministry and Department has hundreds of thousands to multiplied-millions in increases for these new contracts.
I begin by highlighting that the government has cut $3.2 million from COB’s allocation in the 2014/2015 budget, bringing the total cut from higher education at COB over two budget years to over $6.7 million.
In every annual Budget, each Ministry or Department has a main head salary and staff document page that lists the individual salaries of the Ministers, Senior Public officials and all employee groupings, as well as any changes in those salaries and number of persons employed.
Prime Minister Christie announced yesterday in his annual budget communication that Government will introduce Value Added Tax at 7.5%, down from the 15% originally proposed.
Government has borrowed over $1 billion in a year, yet the country’s key institutions are struggling due to “lack of funds” while Ministers are continuing to spend without report.
Members of the opposition said the 2013/2014 budget is nothing more than a vacuum, and accused Prime Minister Perry Christie of painting a rosy picture of an economy that is still recovering from a crippling recession.
Opposition Leader Dr. Minnis said the mid-year budget exercise is the most disorganized he has seen in his political career, suggesting that the Christie administration has something to hide.
Minister of Financial Services Ryan Pinder says the Government is taking a “balanced approach” to ensuring the continued diversification of the economy.