Budget before end of September – Jagdeo

Vice President Bharrat Jagdeo, moments ago, related that a complete National Budget is expected to be presented in the National Assembly by the end of September.

The 12th Parliament is currently being convened.

A number of Constitutional Agencies have already submitted the $11.2B in budgetary proposals.

Among the matters on the Order Paper to be addressed today, the election of a Speaker and Deputy Speaker and the presentation of the budget proposals from 22 constitutional agencies.

The constitutional agencies have pitched $11.2 billion in budgetary proposals, which will have to be examined and either revised or approved untouched. The largest proposal for money comes from the Guyana Elections Commission (GECOM), which has requested $4.943 billion for both its current and capital estimates up to December 31, 2020.

Also submitting its proposal is the Supreme Court of Judicature, which has proposed a total of $2.443 billion for its current and capital expenses. The third largest proposal was from the Parliament Office itself, which requested $1.799 billion.

Meanwhile, the Office of the Auditor General presented a proposal for its current and capital expenses of $908.6 million. When it comes to constitutional agencies and their budgets, the Audit Office has previously had a struggle getting the funds it requested from the former A Partnership for National Unity/Alliance For Change (APNU/AFC).