BASSETERRE, ST. KITTS, APRIL 5TH 2013 (CUOPM) – The Report of the Director of Audit on the Accounts for 2011 will be laid on the Table at next Tuesday’s Budget Session of the St. Kitts and Nevis National Assembly.
It will be laid by Prime Minister the Rt. Hon. Dr. Denzil L. Douglas, in his capacity as Minister of Finance.
Prime Minister Douglas will also present the Draft Estimates 2013 and the St. Kitts and Nevis Medium-Term Debt Management Strategy 2013 to 2015.
During the Budget Session, Prime Minister Douglas will introduce and have read a first time The Appropriation Bill, 2013 and deliver the traditional Budget Address on the second reading.
The lawmaking body will also ask to approve a motion to approve the revenues and expenditure of Government for the Financial Year 2013 in accordance with section 71 (1) and (2) of the Constitution.
Approval will also be sought approving SR& O No. 8 of 2013 made by the Minister under Section 26.2 of the Value Added Tax in respect of a Special VAT reduction on 14th and 20th December, 2012.
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