Here we have a purported "top accountant" telling our new government that it must account for liabilities unlike the previous government even though the current year's annual budget, which was prepared for the most part by the previous government and adopted almost lock, stock and barrel by the new government, called for the borrowing of about $722 million in order to pay the existing liabilities, service the national debt and fund the estimated deficit for the current year. The cash out flow requirements of liabilities and other financial commitments have always been taken account of by our governments (both past and present) in preparing their annual budgets. This man Bowe sure does speak in way too many words with a twisted and forked tongue! Bill Allen, Jame Smith and Michael Halkitis are all having a good laugh at this "top accountant" who seems to enjoy waffling out the side of his mouth.
Comments
Well_mudda_take_sic 6 years, 8 months ago
Here we have a purported "top accountant" telling our new government that it must account for liabilities unlike the previous government even though the current year's annual budget, which was prepared for the most part by the previous government and adopted almost lock, stock and barrel by the new government, called for the borrowing of about $722 million in order to pay the existing liabilities, service the national debt and fund the estimated deficit for the current year. The cash out flow requirements of liabilities and other financial commitments have always been taken account of by our governments (both past and present) in preparing their annual budgets. This man Bowe sure does speak in way too many words with a twisted and forked tongue! Bill Allen, Jame Smith and Michael Halkitis are all having a good laugh at this "top accountant" who seems to enjoy waffling out the side of his mouth.
Reality_Check 6 years, 8 months ago
It seems The Tribune writer changed the above story in response to your comments. That's a first, and quite alarming!
BahamasForBahamians 6 years, 8 months ago
That is what happens when they're all out of FNM cover up stories.
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