Last Thursday, the National Assembly considered and approved two financial papers that were presented by Finance Minister Winston Jordan. The first financial paper (01/2015) covering an amount of $3.240 billion relates to the replenishment of the Contingencies Fund based on advances authorised by the former Minister of Finance during the more than three-year period from 25 October 2011 to 31 December 2014. The second financial paper (2/2015) relates to excess expenditure totalling $6.471 billion incurred during the more than two and one half-year period from 1 January 2012 to 16 July 2014 on the authority of the former Minister.
It is good that the new Administration is taking seriously the task of “cleaning up” the books of the Government
