The Minister of Finance Colm Imbert presented a $63.048 billion budget in the Parliament this afternoon. This is the first budget presentation by the new PNM Government and Minister Imbert said he was "honoured" to have been given the task of overseeing the fiscal path for the country.
Presenting the Appropriation (Financial Year 2016) Bill, 2015 in the Parliament entitled "Restoring Confidence and Rebuilding Trust, Let's Do This Together" on Monday afternoon, he said the Government is projecting the budget on what he called a "prudent and realistic oil price assumption of US$45 per barrel and a mix of gas prices to properly reflect our markets, including Henry Hub of US$2.75 per mmbtu and Indonesia of US$8 per mmbtu." Read More: http://ow.ly/T32Cr