17 Jun 2013

Millions more for 2014 CNMI budget

7:09 pm on 17 June 2013

The Northern Marianas Governor, Eloy Inos, says the proposed 123 million dollar budget for fiscal year 2014 will most likely have millions added to it as government revenue grows from a resurgent tourism industry.

Governor Inos says he would like any additional increase to go into the struggling Retirement Fund, despite some departments and agencies asking for their budgets to be increased.

The governor has until the end of July to revise his budget.

The Inos administration has proposed 20 million dollars go to the pension agency in fiscal year 2014.