Parliamentary meetings resume this week jamaicaobserver.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jamaicaobserver.com Daily Mail and Mail on Sunday newspapers.
Meet the new budget . pretty much the same as the old budget.
Déjà- vu week at the legislature continued Thursday as the Yukon political climate continues to be at least slightly askew.
Premier Sandy Silver introduced a new – revised – budget that looks very, very similar to the one he tabled March 4 and subsequently
campaigned on.
There are a few additions – mostly squeezing in the promises contained in the confidence and supply agreement struck with the NDP – and a few changes, including some revised funding from the federal government.
The meat of it, though, is precisely the same as Yukoners saw in March.
CHEC to repair breakaway at Harbour Heights jamaicaobserver.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jamaicaobserver.com Daily Mail and Mail on Sunday newspapers.
Prime Minister Andrew Holness (File photo)
Prime Minister Andrew Holness has indicated that the Government will likely soon have to table a Third Supplementary Estimates for the 2020-2021 fiscal year to cope with the economic fallout from the COVID-19 pandemic.
Since the first case of the coronavirus was confirmed in Jamaica in March, resulting in a partial shutdown of the economy, the recovery has been slow, and projections are that it could take several years for Jamaica and the rest of the Caribbean region to get back to pre-COVID-19 levels.
The Planning Institute of Jamaica (PIOJ) is projecting that the economy will contract in the range of 12 per cent for the current fiscal year, with 11 per cent in the October to December quarter. It contracted a whopping 18 per cent in the April to June quarter.