Jamaica Gleaner: “Plugging the hole – $6b gap in Budget to be filled with more borrowing”
The Government yesterday signalled that it would be going to the market to plug the $6-billion gap in the Budget. “There is going to have be some increase in borrowing,” Finance Minister Audley Shaw told journalists at yesterday’s post-Cabinet press briefing.
Jamaica Observer: “Supplementary Estimates tell the grim story”
If anyone still harboured any doubt – unlikely as that would be – that this Government, and this country too, are firmly hemmed in between a rock and a hard place, the First Supplementary Estimates tabled Tuesday in Parliament would have soundly dispelled any such notion.