Budget 2016 Update: Sinckler says Government to perform a Mid-term Financial and Economic Review process

 

Finance Minister Chris Sinckler has announced that Government will undertake a comprehensive review of all ministries and Government departments against priorities set and approved by Parliament for the current financial year.

“This Mid-term Financial and Economic Review process will allow ministries to highlight implementation challenges if any, reset existing priorities based on availability of resources, and to restate their objectives for the second half of the financial year.

In addition, Sinckler said consultations would also be held with the Opposition Barbados Labour Party.

He said the process would be completed by the middle of November of any financial year.

 

 

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