-Opposition, Govt clash over NICIL/SPU, Public Security allocations
After a week of crutiny from the Parliamentary Opposition, the National Assembly approved the $300.7 Billion Budget estimates. But the final day saw some fireworks as the Finance and Public Security Ministries were scrutinized.
In the case of the Finance Ministry, the Parliamentary Opposition was especially concerned about the finances of the National Industrial and Commercial Investments Limited’s (NICIL) Special Purpose Unit (SPU). This budget, themed ‘Transforming the Economy, Empowering People, Building Sustainable Communities for Good Life’ is the administration’s fifth since coming to office in 2015. It is also the largest.
