December 11th is Budget Day in St. Kitts and Nevis

Speaker Martin and Clerk Lloyd

BASSETERRE, ST. KITTS, DECEMBER 5TH 2012 (CUOPM) – Next Tuesday 11th December 2012 is Budget Day in the Federation of St. Kitts and Nevis.

Prime Minister and Minister of Finance, the Right Hon. Dr. Denzil L. Douglas will lay on the Table, the Estimates for 2013 and the Report of the Director of Audit for 2011, before introducing the Appropriation Act, 2013.

In his Budget Address, Prime Minister Douglas will look at the international and regional financial and economic developments as well as the domestic economy with attention to output, prices and balance of payments.

The St. Kitts and Nevis Minister of Finance will also look at the tourism, agricultural, information technology, telecommunications, financial and other sectors and review the fiscal climate and prospects.

The Appropriation Act 2013 provides for the services of St. Kitts and Nevis for the financial year from January 1st 2013 to December 31st 2013.

Debate on the 2013 Budget is expected to begin on Wednesday 12th December 2012.