HomeEconomyWill There be an Increase in Budget for Housing Expenses?

Will There be an Increase in Budget for Housing Expenses?

Will There be an Increase in Budget for Housing Expenses?

The housing budget is arguably the smallest allocation in this year’s fiscal plan.  But is the Briceño administration considering an increase in the expenditure set aside for the construction of new houses across the country?

 

Reporter

“Is there any potential that the housing budget would be increased via supplementary?  People have complained how minor it is.”

 

Prime Minister John Briceño

            Prime Minister John Briceño

Prime Minister John Briceño

“Well let’s put it this way, it’s way better than what the UDP were doing.  I mean, the UDP, they built no homes and so far we have built going to close to four hundred homes and that’s what you need to look at.  What is it that we’re getting for.  The UDP voted for eight million dollars every year and no houses were being built.  So we are building houses.  Yes, we said we want to do more but we have to do with what we have.  We are still looking around to see if we can get cheap long-term funding and we’re working on that.  Should we get that then obviously we are going to make it available for housing.”

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