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Ec Currency

The Estimates of Income and Expenditure for 2017 will be debated in Parliament in January, Prime Minister Ralph Gonsalves said on Monday.

Gonsalves, who is also Minister of Finance, said that public servants have been meeting to discuss the figures.

He said he would speak with Budget Director, Edmund Jackson, about the date he has in mind for the debates.

“And, after the Estimates, of course, the Budget will follow within a matter of days,” Gonsalves said.

In February, Parliament approved amidst an opposition boycott of the debate, an EC$912 million budget for 2016.

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The fiscal package included a new tax on cellphone calls as well as the levying of value-added tax on a some basic food items, such as salt, butter and cooking oil and increases in vehicle licenses

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