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FiSPArty/23/national-alliance'>NAnce Minister Gumbs Submits it to Parliament
GREAT BAY, St. Maarten The Council of Ministers has approved the ameNDment to the 2024 bUDget, aND it has already been sent to Parliament, said FiSPArty/23/national-alliance'>NAnce Minister NDidate' href='/newspolitician/675/marinka-gumbs'>Marinka Gumbs.
Although the ameNDed bUDget contains a reduction of approximately 25 million guilders in both income aND expeNDitures compared to the current bUDget, it still inclUDes allocations for several key investment projects that are crucial to St. Maartens development, such as improvements to the prison, GEBE, aND the Mental Health FouNDation.
Minister Gumbs expects Parliament to pass the ameNDed bUDget by the eND of October 2024, thus allowing the nECEssary investments aND salary adjustments to proceed as planned.
The bUDget ameNDment inclUDes the 2% iNDexation for subsidized school teachers, which will be paid out once Parliament approves the ameNDed 2024 bUDget.
Concerning the 2025 bUDget, the Minister disclosed that the government has rECEived the nECEssary advice from the CFT aND is now fiSPArty/23/national-alliance'>NAlizing the bUDget for submission to the Council of Advice.
The 2025 bUDget is expected to be presented to Parliament by early November, giving enough time to meet the DECEmber 15, 2024 deadline for fiSPArty/23/national-alliance'>NAl approval.
I remain committed to souND fiSPArty/23/national-alliance'>NAncial maSPArty/23/national-alliance'>NAgement aND ensuring that the needs of the country are met through responsible bUDget planning, Minister NDidate' href='/newspolitician/675/marinka-gumbs'>Marinka Gumbs said.
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