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Volume: 119 No.128, May 26, 2022
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‘WE’RE GOING IN RIGHT DIRECTION’ PRIME Minister Philip “Brave” Davis leading the way to Parliament for the Budget yesterday. Photo: Racardo Thomas/Tribune Staff
• Proposals to raise civil servant pay By LEANDRA ROLLE Tribune Staff Reporter lrolle@tribunemedia.net PRIME Minister Phillip “Brave” Davis yesterday predicted additional revenue growth for The Bahamas, adding that $2.8bn is projected in total revenue for the upcoming fiscal year.
• New fund • 50 percent • FNM: What aims to boost more to social about growth Family Islands service budget of economy?
This, he said, represented a 19.9 percent increase over the prior fiscal year. Mr Davis said during the first nine months of the 2021/22 fiscal year, the country’s revenue performance had increased by $617.6m or 50.2 percent to $1,847.3m when compared to the previous year. According to Mr Davis,
“this largely reflected improvements in tax revenue of $526.4m or 50.9 percent, and non-tax revenue increases of $90.9m or 46.5 percent.” Now with the 2022/23
fiscal year set to begin soon, the Prime Minister said more revenue growth is expected, signalling further rebound of the country’s economy. “The current budget
• REALTORS PRAISE TARGETED FEES • NO CUT FOR STATE-OWNED BUSINESSES
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projects a significant rebound in the Bahamian economy,” Mr Davis said during his budget contribution in the House of Assembly yesterday. “Total revenue is projected at $2,804.4bn, a 19.9 percent increase over the prior fiscal year when the economy was in the early stages of an
MINISTER DENIES HITTING POLICE OFFICER WITH CAR By KHRISNA RUSSELL Tribune Chief Reporter krussell@tribunemedia.net
TRANSPORT and Housing Minister JoBeth Coleby-Davis has denied claims that she assaulted a Royal Bahamas Police officer with her vehicle over the weekend during a
MINISTER of Housing and Transport JoBeth Coleby-Davis. Carnival event. Her denial yesterday
economic rebound from the COVID-19 pandemic. It incorporates many of our revenue enhancing strategies and outcomes such as, increasing real property tax collections and compliance; an improved VAT performance based on the economic rebound; and growth in other fees as a SEE PAGES 3, 4, 5
RELEASED SEX OFFENDER DIES FROM INJURIES By EARYEL BOWLEG Tribune Staff Reporter ebowleg@tribunemedia.net
came after the Police Staff Association released a statement saying the officer involved retained an attorney as he had to seek medical attention for his injuries and was then discharged. The PSA said it was
A SEX offender released from prison last week died in hospital early yesterday morning after being found on a track road suffering from injuries about the body.
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