No contributions to Reserve Fund for 1st 4 months of 2014 – Hon Premier
He was answering questions put to him by Hon Julian Fraser RA, Representative for the Third District, during the Seventh Sitting of the Third Session of the Second House of Assembly held on June 13, 2014.
“Madam Speaker, could the Honourable Premier and Minister of Finance please tell this Honourable House what were the contributions to the Reserve Fund for each of the months January, February, March, April and May 2014?” asked Hon Fraser.
“Madam Speaker no contributions were made to the Reserve Fund in January, February, March or April 2014,” said the Premier in response to the question.
“Madam Speaker could the Honourable Premier and Minister of Finance please tell this Honourable House: (a) what is the current balance of the Reserve Fund? And (b) what is the current balance of each of the other established Funds?” asked Hon Fraser.
“Madam Speaker the balance of the reserve Fund as at May 10, 2014 is $36,910,943.22. Madam Speaker as at June 10, 2014 the balance are as follows; Consolidated Fund $46,896,590.81; Development Fund $4,054,303.13; Emergency Fund $1,112,816.59 and Pension Fund $1,019,945.21,” responded the Premier.
7 Responses to “No contributions to Reserve Fund for 1st 4 months of 2014 – Hon Premier”
in the h...y bank
Why because there was no contribution made to the fund for the 1st quarter, remember Mr. Fraser wants to spend all the funds in the Reserve Fund.