Budget 2022-23: Dominica PM Roosevelt Skerrit shares update on pre-budget consultations

Dominica: Prime Minister Dr Roosevelt Skerrit and the Minister of Finance has recently shared an update on the pre-budget consultations. The authority will inform the 2022-2023 budget measures during this consultation.

Prime Minister Skerrit met with a number of farmers, agro-processors and members of cooperatives at the State House Conference Room on July 1, 2022 (Friday). PM Skerrit listened to the recommendations and suggested ways to implement or improve them.

He took social media and informed, “Pre-Budget consultations are ongoing to inform the 2022- 2023 budget measures.

This morning I met with a number of farmers, agro-processors and members of cooperatives at the State House Conference Room to hear their recommendations.”

Prime Minister was accompanied by the Minister with responsibility for Trade, Ian Douglas, other Cabinet ministers, the Financial Secretary, Denise Edwards and the Agriculture and National Food Security, Permanent Secretary in the Ministry of Blue and Green Economy, Dr Kyra Paul.

Furthermore, he mentioned, “I was joined by the Minister with responsibility for Trade, Hon. Ian Douglas, other Cabinet ministers, the Financial Secretary, Ms Denise Edwards and the Permanent Secretary in the Ministry of Blue and Green Economy, Agriculture and National Food Security, Dr Kyra Paul.”

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Last year, the 2021-2022 “Dynamic Dominica: Building on Our Past, Solidifying Our Present, Securing Our Future” budget was announced by Prime Minister Dr Roosevelt Skerrit and the Ministry of Finance in September 2021.

The previous budget was presented against the background of the difficulty of these days, but with the unshakeable faith that despite these challenges, there are great opportunities for Dominica. In early 2020 following loss and damage equivalent to over 300% of GDP caused by Tropical Storm Erika and Hurricane Maria, the International Monetary Fund (IMF) projected strong growth of Dominica’s economy by 5.5 percent, 4.5 percent and 3.6 percent, for the years 2020, 2021 and 2022 respectively.