Press Release
June 13, 2024
Members of the 20th Legislative Assembly have approved the Main Estimates for the 2024-25 fiscal year.
Initially presented on May 24, the Main Estimates proposed to spend $2.2 billion on Government of the Northwest Territories (GNWT) programs and services in 2024-25. The Standing Committee on Accountability and Oversight subsequently reviewed the Main Estimates and identified areas where enhanced funding was recommended to further align programs and services with the needs of Northwest Territories (NWT) residents and businesses, and with the priorities of the 20th Legislative Assembly.
As a result, Finance Minister Caroline Wawzonek has committed to an additional $13.3 million in spending for 2024-25 that will be included in a supplementary appropriation during the October 2024 sitting. This additional funding will enhance programs and services for all residents and communities in the Northwest Territories while still fulfilling the GNWT’s commitment to fiscal sustainability.
Quote(s)
“The proposed Budget 2024 was the culmination of valuable input from the territorial public service as we aim to regain territorial fiscal capacity. The Budget that was passed today is a further result of extensive review, consideration and discussion within the consensus government processes of the Legislative Assembly. Through these processes, this Budget makes positive steps forward in collaboration towards achievement of the Assembly’s priorities.”
– Caroline Wawzonek, Minister of Finance
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For media requests, please contact:
Toyeke Adedipe
Senior Communications Officer
Department of Finance
Government of the Northwest Territories
adetoyeke_adedipe@gov.nt.ca
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