The ACT Government’s 2020-2021 Budget delivers on election promises and drives the Territory’s recovery from COVID-19 pandemic, according to Chief Minister and Treasurer Andrew Barr.
Mr Barr said the Budget continued the city’s economic response to the pandemic by supporting the Territory’s public health activities and growing its employment base to support existing industries and develop new ones.
“The ACT Government will fund a strong, job creating infrastructure program, with significant investments in health, transport, education and training,” Mr Barr said.
“This includes initial works to further expand our walk-in health centre network, and the construction of new and expanding schools in our growing suburbs,” he said.
“After meeting our 2020 renewable energy goals we are taking the next steps towards a zero net emissions future through effective measures that support Canberra households to invest in energy efficient upgrades.”
Mr Barr said the Territory’s fiscal position had improved by $578.5 million for the coming four years, including a $306.5 million improvement this fiscal year.
He said economic growth was forecast to be between two and three per cent over the next four years, following a 2.4 per cent increase last financial year.
The Treasurer said work would start on Stage 2A of the city-wide light rail network, extending the network from Alinga Street to Commonwealth Park, a project that was expected to create 1,000 local jobs.
“The rollout of the COVID-19 vaccine in the ACT will be one of the biggest logistical challenges the Government has faced, and this Budget ensures that resources will be available for the safe delivery of the vaccine to Canberrans,” Mr Barr said.
“Our plan for the ACT, endorsed by voters in October, is set for immediate delivery: protecting Canberrans’ health, rolling out the COVID-19 vaccine, taking action on climate change, protecting jobs, and supporting local jobs,” he said.
The ACT’s 2020-2021 Budget can be accessed on the Treasury’s website at this PS News link.
