Grenada to present Budget on December 2

The Grenada government will present the 2020-21 national budget to Parliament on December 2. This will be the first budget of recently appointed Finance Minister, Gregory Bowen, who replaced Prime Minister Dr. Keith Mitchell following the minor cabinet reshuffle in October.

 Many ministers in the Grenada cabinet have allayed apprehensions that expenditure on social safety would be reduced in the light of the economic impact of the COVID-19 pandemic.

Minister responsible for Youth, Kate Lewis has said that while most government ministries will be receiving reduce financial allocations for 2021, the Youth Ministry will not be among them.

“As we read the budget next week, you will realize that while we are in a pandemic, while government revenues are lower than normal, while we are asking ministries to reduce or to have a cut in their budget, the division of youth will have an increase in its budget,” Lewis said.

“Thank you, Prime Minister, for giving us that extra amount of money; we know we have to be effective and efficient in its use,” she told the meeting.

Social Development Minister Delma Thomas also has said that budget cuts would not affect the social safety networks.

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