The Legislative Assembly approved a Supplementary Appropriation Bill on Tuesday totaling approximately 37 million dollars.
This includes an additional expenditure of 19 million dollars under the Critical and Life Safety Equipment Project for the Green Energy Transformation Programme.
Premier and Minister of Finance the Honourable Reuben T Meade says these funds were approved by the FCDO to expand renewable energy capacity and reduce dependence on diesel generation.
This includes the development of solar energy and battery storage system to directly support national baseload reduction and energy security.
The funds will also enable tariff and utility reform that supports affordability and investment.
Meantime….1.9 million dollars were approved under the Cultural Centre Upgrade Project.
These funds will allow renovation activities that cater for a more fit for purpose accommodation for the Legislative Assembly.
An Additional 2 million dollars are provided to cover a requirement for revenue refunds.
Premier Meade said there is currently a backlog of payments to be processed, and this will allow the Montserrat Customs and Revenue Service to decrease its backlog operations significantly.