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DMIMOMDEK^BIG BOOST FORCRIME FIGHTPLEASE SEE BOOST, A2Billions more to beef up police, armyTOTAL BUDGET:McPherse Thompson/ Assistant Editor - BusinessThWalt;S803.2B■HE JAMAICAN Government will be ramping up its fight against crime, rolling out new legislation geared at giving the security forces greater powers and allocating $9.2 billion more to the Ministry of National Security than fiscal year 2018-19.The Government is projecting to spend approximately $803.2 billion in fiscal year 2019-20, which begins on April 1, about $700 million more than its revised Budget of $802.56 billion in fiscal year 2018-19, suggesting a comparatively flat Budget. Debt payments account for almost 34 per cent of planned expenditure, with $136.12 billion set aside for interest payments and $138.3 billion allocated for amortisation, or debt maturity.On the recurrent or housekeeping side of the new Budget is $731.1 billion, up from $582.5 billion last year, while the capital budget is reduced from $220 billion to $72.1 billion.Finance and Public Service Dr Nigel Clarke yesterday tabled the Estimates of Expenditure for 2019-20, which showed that the Ministry of National SecurityS391.3B134 CENTS IN EVERY DOLLAR GOES TO M DEBT PAYMENT
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Kingston Gleaner
Kingston, Kingston, JM
Fri, Feb 15, 2019
Page 1
Full Page
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Statin J.
JM 30 Dec 2024
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