Prime Minister, Hon. Dr. Ralph Gonsalves, while presenting the Budget Estimates in Parliament on Monday 30th January, said that 40.7 million dollars or 17.7 percent of the Capital Budget has been allocated to Environmental Protection, as the Government of St. Vincent and the Grenadines continues to pay great attention to Climate Change issues this year.

Dr. Gonsalves said that in recent years Saint Vincent and the Grenadines has suffered repeatedly from natural disasters, which led to significant losses in houses, bridges, roads and the forests, and this is why investments must be made to support climate change mitigation and adaptation.

He further stated that Housing and Community Amenities account for 23.4% of the Capital Budget.

The Prime Minister will present the National Budget Address on Monday 6th February.

 

SOURCE: NBC

Budget Address 2017

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