2025 National Budget Presentation to the National Assembly

Paragraph 1: Setting the Stage for the 2025 Budget Presentation

The twin-island nation of St. Kitts and Nevis is gearing up for the presentation of its annual budget, a crucial event that outlines the government’s financial plan and priorities for the upcoming year. The National Assembly, the country’s legislative body, will convene on Monday, December 16, 2024, in the capital city of Basseterre to commence the budget proceedings. Prime Minister and Minister of Finance, Dr. Terrance Drew, will lead the presentation, unveiling the government’s fiscal roadmap for 2025. This event marks a significant milestone in the country’s governance, offering insights into the government’s economic vision and planned allocation of resources.

Paragraph 2: Introducing the Appropriation Bill and Budget Address

The central focus of the December 16th sitting will be the introduction of The Appropriation (2025) Bill, 2024. This bill, upon passage, will authorize the government to allocate and spend public funds for the fiscal year spanning from January 1, 2025, to December 31, 2025. Prime Minister Drew will initiate the legislative process by seeking leave to introduce and have the bill read for the first time. Following this initial reading, he will deliver what is commonly referred to as the Budget Address, a comprehensive presentation outlining the government’s financial plan, key priorities, and proposed expenditures for the upcoming year. This address provides a crucial opportunity for the government to articulate its economic vision and strategies for achieving its development goals.

Paragraph 3: The Purpose and Scope of the Appropriation Bill

The Appropriation (2025) Bill, 2024, serves as the legal framework for funding the government’s operations and services for the entire year of 2025. It details the planned allocation of resources across various sectors, including education, healthcare, infrastructure development, social welfare programs, and other essential government functions. The bill essentially authorizes the government to withdraw the necessary funds from the Consolidated Fund, the government’s main treasury account, to finance the activities outlined in the budget. This process ensures transparency and accountability in the management of public finances and provides a clear roadmap for how the government intends to utilize public resources.

Paragraph 4: Parliamentary Debate and Scrutiny of the Budget

Following Prime Minister Drew’s presentation of the budget, the National Assembly will embark on a period of robust debate and scrutiny, commencing on Tuesday, December 17, 2024. Members of Parliament (MPs) will have the opportunity to dissect the proposed budget, offering their perspectives, critiques, and recommendations. This phase of the budget process is crucial for ensuring democratic accountability and allowing elected representatives to voice the concerns and aspirations of their constituents. The debates provide a platform for thorough examination of the government’s fiscal plan, ensuring that public funds are allocated effectively and in line with national priorities.

Paragraph 5: Ensuring Public Access and Transparency

Recognizing the importance of public engagement and transparency in the budget process, the government of St. Kitts and Nevis is committed to ensuring widespread access to the Budget Address and subsequent parliamentary debates. The proceedings will be broadcast live on ZIZ Radio (96 FM) and other participating radio stations, allowing citizens across the nation to follow the discussions in real-time. The event will also be televised live on Channel 5 in St. Kitts and Channel 98 in Nevis, extending the reach to a wider audience.

Paragraph 6: Expanding Reach through Digital Platforms

In addition to traditional media channels, the government is leveraging digital platforms to further expand access to the budget proceedings. Live streaming will be available on the official website of ZIZ Broadcasting Corporation (www.zizonline.com), as well as on the Facebook and YouTube pages of the St. Kitts and Nevis Information Service. This multi-platform approach ensures that citizens, regardless of their location or preferred media consumption habits, can actively participate in the budget process. This commitment to transparency and public access reflects the government’s dedication to engaging citizens in the critical discussions surrounding the nation’s financial future.