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New Gov't still can't say when budget will be ready

Finance Minister Audley Shaw was not in a position up to the end of last week to give a timetable for the presentation of the 2016/2017 budget.

“I’m not able to give you the new timetable as of now but we are working on it because there are issues we have to work out,” Shaw said in an interview with Loop News.

“There’s a new ministry of job creation and economic growth that we have created. We have to make sure that we plug that into the budget…,” the minister said. “I can’t say how many weeks delay but there is a delay.”

He added: “We will be announcing the new schedule as quickly as possible.”

One of the issues faced by the JLP administration, in putting together the budget, is that it only came to power on February 25. The national budget is usually presented in April of each year. 

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