Fiscal space does not allow for large budgets – Finance Minister

Georgetown:  Excerpts from Minister of Finance,  Winston Jordan’s press conference which provided clarity on Constitutional Agencies Budget 2019 Preparations.

1- “Constitutional Agencies are no longer required to consult or submit their budgets to the Ministry of Finance.”

2- “The Minister of Finance is required to make recommendations to the National Assembly and provide reasons for budget of Constitutional Agencies.”

3- “Once the Budget for constitutional agencies is passed, it cannot be changed by the Ministry of Finance.”

4- “Constitutional Agencies have full autonomy over their budgets, except the available resources.”

5- “Budgets of Constitutional Agencies are appropriated within twenty-eight (28) days of approval.”

6- “I don’t interrogate the budgets of Constitutional Agencies during preparations.”