An extra $30 million above its initial budget of $60 million is within the Te Mato Vai (TMV) project proposal design, Finance minister Mark Brown confirmed yesterday.
Government took a swipe at the Opposition in Parliament yesterday on the water shortage issue that was raised by their leader William “Smiley” Heather.
Finance minister Mark Brown says growers have to register as a VAT (value added tax) registered entity in order to take advantage of the schemes under the tax department.
Prime Minister Henry Puna told Parliament yesterday to mention rumours in connection with absent Member of Parliament Albert Nicholas “is totally improper”.
The government has confirmed it is only re-appropriating part of the unused $38.4 million – earmarked for capital projects in the past financial year – for this year’s Budget, taking the total capital budget to $44.5 million.
The Cook Islands’ government is determined to continue to strengthen key economic drivers, while diversifying the country’s financial base.