$3.93b budget announced in Solomons
Quoting the Solomon Star newspaper � 14 November 2018
�THE Deputy Prime Minister and Minister for Finance and Treasury Manasseh Sogavare has announced a $3.93 billion budget under the theme �Resourcing the basic fundamentals�, Tuesday.
�The announcement was made when he moved the 2019 Appropriation Bill 2018 to be put to the second reading in the parliament on Tuesday.
�Delivering the Government�s fiscal plan for 2019 Mr Sogavare said the 2019 Budget will strictly focus on all Ministries� core business, ensuring that they continue to adequately �resource the basic fundamentals� of government within the resource envelope that is available to them.
�The $3.93 billion will be spent to provide the services to the people of Solomon Islands,� Mr Sogavare said.
�He further added that for the first time in Solomon Islands history the payroll budget will account for 34% of total SIG expenditure or $1.24 billion.
�Mr Sogavare added that the other charges budget will account for 52% of total SIG expenditure or $1.91 billion.�
Copyright @ 2018, Solomon Star news.
