Topic: Financial Secretary Kenneth Jefferson
Government approves extra $51.8M in spending, as surplus shrinks
The government on Friday approved an additional $51.8 million in spending for this year, as it announced that its expected surplus for 2024 had fallen to $16.5 million, which is $28 million less than originally budgeted.
Auditor general: Gov’ts $2.5 billion post-retirement health costs can’t be ignored
With government's post-retirement healthcare liability now pegged at $2.5 billion, Auditor General Sue Winspear says a decision will have to be made soon on how to deal with it, as leaving the figure off the government accounts cannot continue inevitably.
PAC examines lack of government policy on duty concessions
Members of the Public Accounts Committee on Wednesday questioned officials on why government still does not have an official policy in place for granting duty waivers and concessions.
Financial secretary clears up ‘row’ over government deficit
Financial secretary Kenneth Jefferson explained the $50 million gap between the 2020 budget deficit estimates of the former and the new government in Public Accounts Committee on Tuesday.
EDITORIAL – Funding shortfall is cause for grave concern, if not alarm
If anything, we would take comfort in seeing our elected officials express a bit of alarm when discussing these issues, if only to signal that they understand the gravity of the situation.
