Consultations underway for National Budget 2023 – Finance Minister
Ministerial consultations have already begun in preparation for the 2023 National Budget, Finance Minister, Dr Ashni Singh revealed during an interview.
“That work has started. As you know, the budget cycle is an ongoing one. We issued the budget circular some months ago; we have already started internal work in Government across Ministries, Ministries have already prepared their preliminary submissions, and we are having inter-ministerial meetings right now, inter-ministerial consultations. So, the work has started, and is ongoing,” the Minister is quoted by the Department of Public Information (DPI) as saying.
He explained that the Government has been preparing for the 2023 budget since the tabling of the 2022 budget, and has recently been intensifying its efforts, as it usually does towards the end of the year.
“People are working very hard. My team, and, of course,, the teams in the various Ministries are working very hard to push that work along. So, work is ongoing on the budget,” Singh said.
In January, the Government unveiled a $552.9 billion transformative budget, with the theme “Steadfast against all challenges, Resolute in building our One Guyana”.
It saw several measures implemented to improve the lives of Guyanese while helping them to build wealth. The budget succeeded the $383.1 billion national budget in 2021 and was the largest fiscal plan to date.