Financial Paper seeking $25b more for community roads

Senior Minister in the Office of the President with Responsibility for Finance Dr Ashni Singh on Thursday during the 66th Sitting of the National Assembly.

The Government on Thursday tabled a financial paper in Parliament for supplementary funding to the tune of  $61 billion for the period ending December 31st, 2023 and a major item is community roads.

Finance Minister Dr Ashni Singh, presented Financial Paper #3 on the supplementary provisions which showed current estimates & capital estimates amounting to $10.18 billion and $50.83 billion respectively. It will likely be considered at a sitting next week.

After receiving a sum of $6oom to facilitate works on the Demerara Harbour Bridge, the Ministry of Public Works is expected to receive an additional sum of $568m to undertake critical rehabilitation works, specifically for the rehabilitation and fabrication of the high span & pontoons.