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New budget can’t solve all your problems, says Penn

New budget can’t solve all your problems, says Penn

Eighth District Representative Marlon Penn has sought to explain that the approval of a new national budget doesn’t mean money had been set aside to address all the ills in districts across the territory.
Penn said constituents often feel that representatives get funds to address all the outstanding ills in their districts when a new budget is passed yearly.

But he reminded residents that the national budget outlines what funds should be spent on and can’t be used for projects that are not approved.

“I think there is a misconception in the public that once the budget is passed, everything that everyone wants, desires and aspires to, can be done,” Penn said. “The budget clearly outlines the estimates, how they are allowed with ministries, ministers and line items and the responsibilities there within.”

“Unless projects are adequately funded or money is allocated, particular projects cannot be executed,” Penn added.

Residents have been complaining about the many improvements that are needed in districts across the territory. Elected leaders have highlighted that funds have been set aside in the 2023 budget to do significant work but have also expressed disappointment that some important issues in their districts have not been covered.

The House of Assembly recently passed a budget of $412,971,110 — more than the $399 million Premier Dr Natalio Wheatley announced weeks ago. This final budget will comprise $340,872,400 for recurrent expenditure; $49,428,600 for capital expenditure; $7,148,810 in contribution to various statutory funds; and $15,521,300 towards repayment of the principal on our debt.
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