K16bn budget for 2019

Treasurer and Deputy Prime Minister Charles Abel has tabled the 2019 Budgeted projected at 16 billion kina.

During the Budget Lock-up Minister Abel said the 2019 budget builds on the considerable progress that has been made under the framework of the 100 Day Plan this year.

With the theme, ‘Building A Broader Based Economy’ Treasurer and Deputy Prime Minister, Charles Abel, said the Government will continue to meet its primary commitments to Infrastructure, Education, Health, Law and Order, Agriculture, Tourism and SMEs.

He added that the 2019 Budget, projected at 16 billion kina, makes allowances for further changes in excise and tariff rates to further boost investment, local production and import replacement.

The Treasurer also said the 2019 Budget is a holistic framework to fix lingering issues from our past, serve the needs of today, and set the foundations to further “Build A Broader Economic Base”.

Abel stressed that the 2019 Budget makes allowances for further changes in excise and tariff rates to boost investment, local production and import replacement.

The Opposition will be debating the 2019 Budget in Parliament next Tuesday

Author: 
Freddy Mou