Your news in a nutshell
- $31b Cut In Budget – Security And Roads Get Top Priority After Debt Payments
- Big Bucks Budgeted For Road Repairs
- Jamaica Losing Out On Billions As It Fails To Maximise Diaspora Potential
- Arnett Still In The Hunt
- NIF Silent On Melia Braco Performance
- Five Questions With Delly Ranx
There are sizable increases for national security, education, tourism, the Office of the Prime Minister, and road repairs in the Government’s Budget for the new fiscal year despite a $31 billion cut in the planned expenditure. The Government is projecting to spend approximately $773.7 billion in the new fiscal year, which begins on April 1. This is $31.8 billion less than the $805.5 billion budgeted for this fiscal year. See the full story on The Gleaner’s website.
The Government has allocated more than $16 billion to repair and widen roads in the new fiscal year. Details of the planned spending are included in the Estimates of Expenditure for 2018-2019 tabled in Parliament yesterday. See the full story on The Gleaner’s website.
Jamaica has the potential to reap as much as US$6 billion annually from the Diaspora but is maxed out at US$4 billion, particularly because of a lack of a clearly defined engagement strategy. See the full story on The Gleaner’s website.
Coach of the Arnett Gardens Red Stripe Premier League outfit Jerome Waite says that the club is still hunting the $1 million incentive for the team that finishes the preliminary stage on most points. See the full story on The Gleaner’s website.
Melia Braco, a 232-room hotel owned by the National Insurance Fund (NIF) and upgraded at a cost of $2.5 billion two years ago, is underperforming expected targets, according to two sources familiar with its operation. See the full story on The Gleaner’s website.
After over two decades of personal success and building up other key contributors to the local music industry, it is not an overstatement to recognise Delly Ranx as an icon. Two of his greatest assets are his keen eye for talent and his knack for helping others in the music industry. See the full story on The Gleaner’s website.