Prime Minister and Minister of Finance Godwin Friday on Thursday presented Estimates of Revenue and Expenditure for an amount of EC$1,885,609,965.
The figure represents a 2% increase over the approved budget for 2025 and comprises recurrent expenditure, including amortisation and sinking fund contributions of EC$1,308,319,855.
The capital expenditure is EC$577,209110.
Friday, who is presenting his Estimates since his New Democratic Party (NDP) 14-1 victory at the polls on Nov. 27, said that financing for the 2026 budget is expected to come from current revenue of $906,875,230 and from capital receipts totalling $978,734,735.
