Budget 2017

Who Gets What in 2017

Current Non-Interest Expenditure The National Budget comprises of a number of elements. These are: statutory payments which are charges on the Consolidated Fund, including appropriations for constitutional bodies and officers; public debt payments of interest and principal; Ministries, Departments and Regions and Statutory bodies.

Budget 2017 Measures

In this section we consider the measures announced by the Minister, analyse them, evaluate their impact and discuss the extent to which they meet the economic benefits of the stakeholders Section 6 of the 2017 Budget Speech contains a staggering fifty seven paragraphs of Budget measures, some of which are regulatory rather than fiscal.

Contract Employees

The sore issue of contract employees in the public sector, following the change of governments in 2015, continues to attract interest.

Reputation under threat

The APNU+AFC earned its razor-thin, one seat majority after the public and the electorate had become completely disenchanted with the corrupt practices of the PPP/C Government.

State Assets Recovery

The UN Convention Against Corruption has served as the catalyst for international efforts against corrupt politicians and public officials who have robbed the coffers of their states to the tune of billions of dollars.

Conclusion

The Budget’s measures are substantial, revolutionary and are probably unprecedented. It is presented at a time when the Government is having to defend itself against accusations of corruption and cronyism.