News

Parliament to conclude budget debate

November 18, 2015 6:41 pm

Parliament will convene for the final day of budget debate today.

In what has been the longest sitting last night, members of parliament from both sides debated the budget allocations for 2016 up until 12:30 this morning – approximately 15 hours.

MPs deliberated individual Ministry allocations before it was put to a vote.

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So far, Parliament has passed thirty-seven heads in the budget estimates with the final thirteen to be completed today.

Following this, the Speaker of the House and her secretariat will than vote on the schedules and clauses of the 2016 Appropriation Bill.

The process involved in approving the 2016 budget means that parliament must pass all consequential changes that come into effect from January.

This includes changes in the tariffs – such as the reduction in VAT and the new duties applicable to various imports.

Parliament resumes at 9:30 this morning.