Beautiful Virgin Islands

Saturday, Feb 22, 2025

Slight drop in $$ budgeted for education, agriculture

Slight drop in $$ budgeted for education, agriculture

In the upcoming fiscal year, the Ministry of Education, Culture, Youth Affairs, Fisheries & Agriculture will receive 13.8 percent of the government’s recurrent budget.
This is a slight drop from the 15.2 percent budgeted for this Ministry last year. Despite the drop, the Ministry of Education, Culture, Youth Affairs, Fisheries & Agriculture has the second-highest allocation from the recurrent budget.

The only Ministry that has got a bigger budgetary allocation is the Ministry of Natural Resources, Labour and Immigration which has been given 15.04 percent of the recurrent budget.

This means that the government is placing some emphasis on education and youth affairs despite the pinch being felt by the onset of COVID.

Additionally, the Ministry of Education, Culture, Youth Affairs, Fisheries & Agriculture is set to receive 9.75 percent of the development budget.

There’s also good news for persons dreaming of landing government scholarships next year.

A provision of approximately $3 million has also been made for foreign scholarships and $62,000 for domestic scholarships.

With these allocations, the government can continue the scholarship program for international studies that was revived this year after a three-year halt.

Back in August, 32 locals received funding to study abroad under this programme.

In the meantime, Premier Andrew Fahie noted that the government has allocated some $9.02 million to the state-run the H Lavity Stoutt Community College adding that, “human capital development is important for the territory. We must equip our people for success. We must prepare them for their future roles.”
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