Cutting the fat - Finance minister to present tight Budget today
Apr 04, 2013
KINGSTON, Jamaica - Jamaicans will know today just how much the Government plans to spend during this fiscal year but already some financial analysts are warning the country to brace for a tight budget.
"It is not going to be a budget of goodies," financial analyst Colin Bullock told The Gleaner.
"The country is in a very serious situation now and we have to undertake some very deep and painful adjustments with or without an IMF (International Monetary Fund). Therefore, I don't think there is a lot to expect from the Budget in terms of goodies or new projects," added Bullock.
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