$14 billion added to budget as Williams tables fourth supplementary estimates
The fourth supplementary estimates, which will see $14.36 billion being added to the 2025-2026 Budget, was tabled in the House of Representatives on Tuesday.
In tabling the estimates, Minister of Finance and the Public Service, Fayval Williams explained that $13.4 billion of the amount relates to Hurricane Melissa expenditure approved by Cabinet subsequent to either the preparation of, or the approval of the third supplementary estimates in December 2025.
It also accounts for $960 million which represents an initial payment to Trans Americas Fiber Systems Limited, an amount that is due upon the signing of a letter of intent between the company and the Government of Jamaica to pursue the provision of additional sub-sea fibre capacity.
Williams told the House that the 2025-2026 Public Bodies Estimate of Revenue and Expenditure reflects the additional central government budgetary support approved for the Development Bank of Jamaica.
Additionally, there is an adjustment to the budget of the Ministry of Health and Wellness for $400 million to be utilised under phase one of the Hurricane Melissa rehabilitation programme for public health. Of the amount, $300 million will go towards facilities assessment and repair mobilisation and $100 million for the purchase of fixed assets in the region.
Williams highlighted that the additional $13.4 billion will bring the total sum allocated by Cabinet for pre and post-Hurricane Melissa response and relief activities to $66.76 billion. This is inclusive of the $24.18 billion loan approved by Cabinet to the Jamaica Public Service Company to facilitate the speedy restoration of electricity across the island.