May 27, 2015
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Rise in budget for 24 departments
A REVIEW of the spending estimates for the 2015/2016 budget reveals that 24 government departments and ministries will receive allocation increases in the new fiscal year while 29 will have their allocations reduced.
No new tax ‘at this time’ to pay for NHI scheme
PRIME Minister Perry Christie yesterday insisted that his administration is not “stupid” in its handling of the economy as he announced the government’s decision not to impose additional taxes on Bahamians “at this time” to fund the roll-out of National Health Insurance (NHI).
2015/2016 BUDGET: Deficit slashed by two thirds
In his 2015/2016 Budget communication on Wednesday, Prime Minister Perry Christie told the House of Assembly that the Bahamas' budget deficit has been slashed by nearly two thirds.
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