23 Jun 2003

Cooks finance minister promises no public service job losses through budget cuts

10:27 am on 23 June 2003

The Cook Islands Finance Minister and Deputy Prime Minister, Dr Terepai Maoate, says there will be no job losses in the public sector as a result of planned ten per cent budget cut.

Dr Maoate says the appropriation for the 2003-2004 financial year is enough to maintain the government's present level of operational expenditure.

The health and education budgets have been excluded from the ten per cent cut.