Dominica: Highest Budget allocation of 296.3 set for Ministry of Finance followed by Health Ministry

Roseau, Dominica: The budget of 296.3M announced for the Ministry of Finance of Dominica by Dr Irving McIntyre during the budget address for the fiscal year 2024/2025. This budget set for Finance Ministry is 43.6% of the total recurrent expenditure.

Following that, the second highest allocation with 81.8M has been given to the Health Ministry, including 12.1% of the total recurrent expenditure. After that, the third highest budget has been allocated for the Ministry of Education which is 10.4% of the total expenditure i.e. 70M.

The Ministry of National Security will be holding the budget of 60.6M for the fiscal year 2024-25 which is 8.9% of the total expenditure. It is followed by the Ministry of Public Works which has the fifth highest budget presentation who is carrying 8.1% of the total expenditure.

The other sectors with the budget allocation includes,

Recurrent expenditure- 679. 4 million included those provided by law, expenditures are allocated as follows:

Office of the President: 1.2 million

Integrity in Public Office Commission: 0.5 million

Public and Police Service Commission: 0.4M

The legislature: 1.2M

Audit Department: 1.1m

Electoral Office: 1.9M

Ministry of National Security: 60.6M

Office of the Prime Minister: 10. 4M

Minister of Finance: 296.3M

Minister of Agriculture, Marine: 9M

Ministry of Education: 70.0M

Ministry of Housing: 6.2m

Ministry of Health: 81.9M

Ministry of Environment: 11.2M

Ministry of Tourism: 20. 6M

Ministry of Culture: 12.8m

Training Department: 9.9M

Ministry of Public Works: 55M

Cabinet Office: 3.8M

Ministry of Labour: 2.2M

Goods and Service: 35% or 234.9M

Ministry of Foreign Affairs: 22.8M

Personal Involvements: 167.1M or 25% (Public Officers)

Capital Expenditure: 934.9M

Office of the President: .07 million

The legislature: .0.1M

Audit Department: 1.1m

Ministry of National Secuity: 4.3M

Retirement benefits : 144.6M

Stay tuned with Writeups 24 for further details on Budget address 2024/2025.