DESPITE increased revenue and a real economic growth of 1.8 per cent, Deputy Prime Minister K Peter Turnquest said there are still tens of millions of dollars in remaining commitments left behind by the previous Christie administration that need to be satisfied.
For the first half of the fiscal year, revenue collection was up by $25m, overall spending not related to debt redemption was down $67m, and the full GFS deficit position has improved by $92.3m, all occurring while the government paid off tens of millions in bills left behind by the former government, he said...
DESPITE increased revenue and a real economic growth of 1.8 per cent, Deputy Prime Minister K Peter Turnquest said there are still tens of millions of dollars in remaining commitments left behind by the previous Christie administration that need to be satisfied.
For the first half of the fiscal year, revenue collection was up by $25m, overall spending not related to debt redemption was down $67m, and the full GFS deficit position has improved by $92.3m, all occurring while the government paid off tens of millions in bills left behind by the former government, he said...
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