The presentation of the Tobago House of Assembly’s (THAs) Budget statement for the Fiscal year 2019-2020 by the Deputy Chief Secretary and Secretary of Finance and the Economy, Joel Jack, will take place on Monday June 24, 2019 at 10:00 a.m. from the Assembly Legislature.
Secretary Jack announced the date on Thursday from the Conference Room at his office in the Division of Finance and the Economy as he spoke to reporters during the weekly Post Executive Council media briefing, which was held a day later than normal due to the Eid-ul-Fitr public holiday on Wednesday.
He said preparations for the budget commenced in March. THA Divisions have submitted their budgetary requests and consultations with various stakeholders were undertaken with only a couple more scheduled.
The Budget he stated will be heavily influenced by the Medium Term Policy and Planning Framework of the THA 2019-2023 which is aligned with the Vision 2030: National Development Strategy.
He noted some areas of emphasis such as Fostering Innovation and ICT, Tourism Investment, Education and Human Capital Development, Tobago Infrastructure Investment Strategy, the Integrated Financial Information System and the Automatic Clearinghouse System (ACH).