NationNewsNewsUWI, Sam Lord’s in Estimates spending

UWI, Sam Lord’s in Estimates spending

THE UNIVERSITY OF THE WEST INDIES (UWI) and the abandoned historic Sam Lord’s Castle hotel are among entities that will be provided for in the Estimates of Revenue and Expenditure 2015 to 2016.

The UWI will benefit from a subvention of $71.3 million, while $5 million is earmarked for the preparatory work on the redevelopment of Sam Lord’s Castle.

Other expenditures include $4.5 million for the Low Income Housing Project under the Ministry of Housing, Lands and Rural Development and a subvention of $26.6 million and a capital subvention of $2.4 million for the Sanitation Service Authority.

Sam Lord’s Castle has been earmarked for redevelopment.

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The beleaguered Queen Elizabeth Hospital’s planned subvention is $150 million, while subventions of $87.7 million and $9.1 million will be provided to the Barbados Tourism Marketing Inc. and the Barbados Tourism Product Authority, respectively, along with $8.5 million for the Barbados Tourism Investment Inc. to carry out work on capital projects.

Around $12 million will be given to the Barbados Drug Service for the purchase of drugs while a subvention of $19 million will go to the Welfare Department. (BGIS)

Please read the full story in today’s Saturday Sun, or in the eNATION edition.