Finance MinisterÂ DrÂ Nigel Clarke has disclosed that the Government has so far exceeded its capital expenditure budgetÂ by fiveÂ per cent.
The capital budget is the money set aside for new projects like roads, schools, and hospitals.
According to Clarke, up to recently, governments would hold back on capital expenditure because they were not sure about the prospects.
âBut this year for the first time in a long time, for the first four months in this year we are actually ahead of budget as far as capital expenditure is concerned,â said the finance and public service minister.
The Government has budgeted some $60 billionÂ to fund capital projects this year.
Clarke has cited projects such as Barbican Square, HagleyÂ Park Road and Mandela Highway as some of the major capital expenditure.