THE Western Provincial Assembly (WPA) has passed a $39-million Supplementary budget for the 2022-2023 fiscal year.
This is welcoming news for the province and thumbs up to both house for supporting the budget.
Provincial Minister of Finance and Treasury, Culrick Runimetu said the total revised capital revenue for the 2022-2023 fiscal year stands at $17, 748,887.40.
He said the entire allocation was from the new Provincial Constituency Development Fund (PCDF) grant of $ 8, 659,700 the province received.
He said there was a 54 percent increase in the Supplementary Budget in comparison to the original 2022-2023 budget.
“This brings the overall revised Revenue Budget Estimates to $38,997,300.50 when compared to the original Estimate for the 2022-2023 fiscal year.
“The significant increase resulted from the reallocation of PCDF Grant to the qualified provinces which included Western Province,” Minister Runimetu explained.
Runimetu added that the revised budget is based on the policy of the previous Western Provincial Government.
He then called for greater responsibility and cooperation by all MPAs to continue with services to communities in the province.
“I wish to re-iterate here that the Revised Budget Estimate which is before us today calls for greater responsibility and cooperation on our part to continue to provide services to our communities.
The Provincial Minister for Finance and Treasury also highlighted the significance of the Executive Government working in collaboration with administrative staff to implement its policies and help raise the living stand in the province.
“Furthermore, we are to think seriously about engaging with our officers and work extra hard towards transforming policies and plans into real developments and help raise the standard of living in our communities.”
By ULUTAH GINA
Solomon Star, Gizo