The sport sector has been allocated a record $2.2B for this year’s budget.
This is according to Senior Finance Minister, Dr. Ashni Singh, who made the disclosure yesterday during his 2022 national budget presentation in Parliament.
The sum of $2.2B is a significant increase from last year’s allocation of $1.5B.
Reading from a prepared speech, Singh outlined that $1.4 billion has been budgeted in 2022 for sports infrastructure and development, including for the completion of the synthetic tracks in Regions Six and 10; the multi-purpose sports facilities; the erection of stands at the National Track and Field Centre; rehabilitation works at the National Stadium to support the Cricket Academy; construction of pavilions at Region Six and 10; and the procurement of sports gear.