Government to spend more in 2013-14
Mar 14, 2013
BRIDGETOWQN, Barbados, CMC – The Barbados government says it plans to spend an estimated BDS$3.8 billion (One BDS dollar = US$0.50 cents) during the 2013-14 fiscal year, according to the estimates laid in Parliament. The Freundel Stuart government which was re-elected to office by a narrow 16-14 margin in the February 21 general election will spend BDS$227.5 million more than had been budgeted for the 2012-13 revised figure. According to the government estimates, BDS$2.9 billion will be used for current expenditure, while BDS$879.9 million represents capital expenditure and amortisation.
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