[www.inewsguyana.com] – The inaugural APNU+AFC Budget was passed in the National Assembly in the wee hours of Thursday morning after more than twelve hours of consideration for several high-profile government Ministries.
Finance Minister, Winston Jordan moved Appropriation Bill 2015 in the National Assembly which reflected the removal of several constitutional offices which then brought the total sum of monies down to $181.7B – on mutual agreement of both sides of the House.
This was done to reflect changes in Guyana’s laws which were overlooked in the preparation of the Budget.
The budget, which was presented as the largest one, boasted an initial sum of $221B. Over the past three days, the National Assembly has been flooded with senior and technical personnel from Government Ministries and Budget Agencies as the new government was made to answer several questions from the Opposition side of the House.
In the budget, some $25.5B has been allocated to support further payments to rice farmers and other stakeholders within the sector while, $8.2B has been allocated to support the sugar in Guyana.
Additionally, $21B has been allocated for the strengthening and improvement of the National Security Service, while the Trade Unions will benefit from an $11M subsidy.
Meanwhile, in the area of Infrastructure, Jordan revealed that the government has plans to improve some roadways while introducing some new ones. The Finance Minister revealed that the budget shows a $13B allocation for roads and bridges which would include the urgent expansion of the East Coast Demerara Highway.
$1.6B for has been set aside for upgrades to the Sheriff Street/Mandela Avenue Highway while $1.2B for completion of East Bank Demerara Highway.
Provisions were also made for the construction of a bypass road from Ogle to Diamond and the construction of a new bridge across the Demerara River and $400M has been allocated to upgrade Sophia roads and $544M to community roads and bridges.