PM Harris presents $848.9 million dollar 2020 budget in the National Assembly

PM Harris presents $848.9 million dollar 2020 budget in the National Assembly

Prime Minister and Minister of Finance, Dr. the Hon. Timothy Harris, laid before the National Assembly the Appropriation (2020) Bill, 2019, today Dec. 12th, which is to the tune of about EC$848.9 million dollars for the fiscal year 2020.

The Appropriation (2020) Bill, 2019, is a Bill to provide for the services of St. Christopher and Nevis for the financial year commencing Jan. 1st 2020 and ending on Dec. 31st 2020.

The Ministry of Finance will receive the largest amount of the budget, EC$272.5 million dollars.

The Ministry of National Security will receive EC$99.2 million dollars, the 2nd largest amount and the largest amount to date, to ever be given to the National Security Ministry.

This is also the 5th consecutive year that the Team Unity administration has introduced a tax free Budget. The Budget Debate commences tomorrow (Dec. 13th).

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