Thursday, May 10, 2012

Phillips urges Jamaicans to prepare to make sacrifices - Lead Stories - Jamaica Gleaner - Thursday | May 10, 2012

Phillips urges Jamaicans to prepare to make sacrifices - Lead Stories - Jamaica Gleaner - Thursday | May 10, 2012: "2012-2013 Budget to be tabled today

FINANCE MINISTER Dr Peter Phillips has signalled that the Estimates of Expenditure to be tabled in the House of Representatives today would "require important sacrifices" from Jamaicans.

Yesterday, Phillips also told The Gleaner that the estimates would focus heavily on debt payment.

"We will see an Estimates of Expenditure which I have tried very hard to allow us to pay down the debt, to keep development programmes going, but is going to require important sacrifices because, in real terms, the amount available is very, very tight," the minister told The Gleaner."

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