Prime Minister and Minister of Finance, Dr. Ralph Gonsalves, will present in Parliament today — Tuesday — Estimates of Revenue and Expenditure for 2014, amounting to EC$911.6 million.
Recurrent spending amounts to EC$548.7 million and debt amortisation will be EC$105.7 million.
Capital spending totals EC$257.1 million, he said, adding that the bulk of the spending will be on economic affairs.
Gonsalves said that his government will announce a “very interesting” initiative, called the Support for Education and Training Programme”.
The programme will be allocated EC$1.5 million to employ about 80 Community College and university graduates for about a year.
The Budget will be presented on Jan. 20, 2014.
The ruling Unity Labour Party, which Gonsalves heads, said it in weekly newspaper column on Friday that Gonsalves will announce “special strategies targeting farmers in the state.
“A figure of EC$6 million will be available under this drive, to be accompanied by another EC$3 million which will be spent on critical feeder roads in the State,” the party said.