The curtains will come down this afternoon on Jamaica’s 2023-2024 Budget Debate.
Dr Nigel Clarke, minister of finance and the public service, who opened the debate two weeks ago, announcing another no new taxes budget, will close it by responding to the points raised by the two Opposition members, who spoke in the debate – Opposition Leader Mark Golding and his finance spokesperson, Julian Robinson.
Clarke is to respond to the Opposition’s criticisms about his ministry’s handling of the restructuring of the public sector compensation system, updating the Parliament on the other public sector groups such as the island’s teachers, who have since his opening presentation, signed on to the new wage pact.
CLARKE TO ADDRESS ANY POTENTIAL CHANGES TO SPENDING PLAN
The finance minister will also address concerns raised during the debate and the Opposition proposals such as the series of reforms to ensure greater fairness at work, improve industrial harmony in the country and increase productivity and competitiveness in the economy.
He will speak to any changes or adjustments that would be made to the spending plans and could touch on any budgetary implications from the increase in the national minimum wage and the minimum wage for security guards, increase in National Housing Trust loan limits and concessions to certain players in the economy, such as the 30 per cent discount in renewal fees for one year for transport operators, regulated by the Transport Authority.
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