Provincial budget set for March 31

Roger Melanson Minister of Finance Minister of Transportation and Infrastructure Chair of the Board of Management

March 13, 2015

FREDERICTON (GNB) – The provincial government will deliver its ordinary budget on Tuesday, March 31. Finance Minister Roger Melanson made the announcement today in the legislative assembly.

“Our province needs decisive action to right its fiscal ship,” Melanson said. “It is with this goal in mind that we are currently hard at work finalizing the details of our upcoming budget.”

The province’s net debt is projected to increase by $377 million in 2014-15. As well, the provincial government continues to face a structural deficit of about $400 million.

“Our current situation is unsustainable,” Melanson said. “I look forward to delivering our government’s budget on March 31 and to setting our province on course toward a brighter, more sustainable economic future.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.