May 27, 2020
Members of the government head to the House of Assembly for the Budget presentation on Wednesday. Photo: Shawn Hanna/Tribune staff
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Economy's shrink to exceed $1.3bn deficit
The Bahamian economy will this year shrink by a greater amount than the government’s projected $1.3bn deficit for the upcoming 2020-2021 fiscal year, the deputy prime minister revealed yesterday.K Peter Turnquest, unveiling the 2020-2021 budget in th
$10 BILLION: Pandemic and Dorian send deficit soaring
GOVERNMENT debt is projected to top 10 billion dollars by the end of the 2021/2022 fiscal year as the Minnis administration commits to deficit spending in response to the COVID-19 crisis.
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