Prime Minister presents $1.6B budget

Prime Minister and Minister for Finance, Economic Growth, Job Creation, External Affairs and the Public Service, Allen Chastanet has presented the Estimates of Revenue and Expenditure for 2020/2021.

The Estimates of Expenditure for the financial year 2020/2021 stands at ONE BILLION, SIX HUNDRED AND NINETY-SEVEN MILLION, THRE HUNDRED AND TWELVE THOUSAND, EIGHT HUNDRED DOLLARS ($1,697,312,800) as a charge against the Consolidated Fund and other funds of the State of Saint Lucia.

The debate on the estimates has taken place in the Lower House. This will be followed by the Senate debate. 

Yet to come is the debate on the Policy directions of the government for the 2020/21 period.

If you missed the Prime Minister’s Presentation of the Estimates of Expenditure –  You can watch it here. The Prime Minister’s presentation actually begins at about 27 minutes. 

The response by the Leader of the Opposition can be viewed here.