Belize - Belize News - - Great Belize Productions - Belize Breaking News
Home » Economy, Featured » PM Briceno Explains Need for Additional Funds
Oct 26, 2021

PM Briceno Explains Need for Additional Funds

Prime Minister John Briceno explains that the need for additional monies arises from the previous administration not adjusting for the decline in revenue during the 2020 fiscal year.  As for the so-called sparse details that were presented with the first supplementary bill, the Minister of Finance castigated the Leader of the Opposition for those comments.


Prime Minister John Briceno

Prime Minister John Briceno

“We have to bring a supplementary bill because you did not make the necessary adjustments, when you were bringing supplementary bills last year you were not making adjustments to your revenue. Your revenue was down by about thirty percent. So obviously if we are operating on what you say we are going to collect, obviously we find out that we are short of money, thanks to you. You did not make the necessary arrangements. That is why now we have to make the necessary adjustments, Madam Speaker.  Most of my friends and also the members of this side of the house have been answering to the points, to the case that he has been trying to make and there is no case. You stay di embarrass yohself, my friend. Let me point out something Madam Speaker, he says that we are not giving details. Yoh wahn mek wih put that we wahn buy five pound a soap and so many paper and so many pen? Obviously, that does not belong in a budget. Either you don’t know better or you’re just trying to make mischief, one or the other. You decide, but certainly you are embarrassing yourself. But let me remind you, here we have a supplementary budget that your government presented to the National Assembly on the third of February, 2017, a supplementary budget of fourteen million three  hundred thirty-six thousand five hundred and eight dollars. You have one, two, three, four items, four line items and now you cohn ya and cohn complain because we noh put how much paper we di buy? I mean the face of brass of this gentleman dat you wahn cohn complain. For the very first time, we have a government that is giving details on the money that is being spent and you wahn still complain.”

Viewers please note: This Internet newscast is a verbatim transcript of our evening television newscast. Where speakers use Kriol, we attempt to faithfully reproduce the quotes using a standard spelling system.

Advertise Here

Comments are closed