Bahamas Uncensored
  • Weekly Comments
  • News
  • In passing
  • Letters
  • Editorial
  • Web Archives
  • Contact us
  • Face Book
  • Twitter
  1. Home
  2. News
  3. REVENUE UP AND SPENDING DOWN
News

REVENUE UP AND SPENDING DOWN

Outstanding debt of the public sector [central Government and Agencies and Government Business Enterprises (GBEs)] stood at an estimated $12,102.2 million at end-September 2022. This equated to a quarterly decline of $28.8 million (0.2%) since end-June 2022.

In August the Ministry of Finance reported the following:

During the month, revenues increased by 9.4 percent ($17.0 million) to $197.8 million compared to the prior year. The improved performance is largely attributed to an increase in revenue collection from international trade and transaction taxes ($12.4 million), other taxes on goods and services ($5.2 million), sale of goods and services ($5.9 million), and VAT receipts ($3.9 million).

Revenues are up, spending is down.

Tags: revenue spending
Previous post
Next post

Leave a Reply Cancel reply

You must be logged in to post a comment.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Menu

  • Weekly Comments
  • News
  • In passing
  • Letters
  • Editorial

Calendar

May 2025
M T W T F S S
 1234
567891011
12131415161718
19202122232425
262728293031  
« Apr    

Tags

2020 bahama bahamas birthday branch coleby davis day dies elcott exuma FNM foreign fox fred freeport Funeral Government grand happy hill house Immigration leader meeting michael minister minnis missions mitchell mp Nassau national photo plp pm prime responds senator smith speaks statement visits week work

© 2015 Bahamas Uncensored.