The government was yesterday granted approval for $26,532,000,000 in supplementary provisions by the National Assembly to cover projects such as the replication of the Hope drainage canal in regions five and six and other sea defence projects.
The sum was encompassed in Financial Paper No. 2 presented by the Senior Minister in the Office of the President with Responsibility for Finance, Dr Ashni Singh.
Singh yesterday moved a motion that Financial Paper No. 2/2023 – Supplementary Estimates (Capital) totaling $26,532,000,000 for the period ending 2023-12-31 be accepted.
APNU+AFC Member of Parliament, Volda Lawrence questioned what were the broad objectives for the use of the funds, projects which will be funded by the amount which was being sought by the government, an estimated duration of the projects and to identify new projects and ongoing projects which may have financial support from other entities. She also asked, “Whether these projects have been included in the PSIP (Public Sector Investment Programme) and the Capital Projects profile?”
