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Servol makes request for more funding amid widespread cuts by the state.

Servol makes request for more funding amid widespread cuts by the state.

Amid the reduction in state funding to government ministries, agencies and enterprises the Finance Minister confirms he has received request from Servol for their allocation to be increased.

colm imbert

Minister of Finance, Colm Imbert

Colm Imbert admitted that it cannot be business as usual going forward due to the tough economic situation and funding adjustments must be made.

Minister Imbert said while Servol’s request is being considered this cannot be done for other state institutions that may bring forward a similar bid.

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Speaking in the Senate during the Budget Debate Minister Imbert said there will be closer monitoring of ministries and agencies to ensure citizens get value for money.

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