Budget Debate opens today

The country will today hear how the 2018/2019 Budget will be financed.
Minister of  Finance and the Public Service, Audley Shaw, will give details when he opens the Budget Debate this afternoon The Government intends to spend 773.6 billion dollars during the fiscal year which begins on April 1.
Mr. Shaw in January stated that no new taxes will be included in the new budget. He said revenue inflows have been doing fairly well this financial year and with this trajectory, it is not the Government's plan to introduce a new tax package.
Mr. Shaw said the Government will focus on implementing non-tax initiatives to ensure that importers, in particular, pay their fair share at the wharves.
He disclosed that the Jamaica Customs Agency has been instructed to acquire state-of-the-art X-ray equipment to enable it to scan all incoming containers.


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