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The Minister of Economy says “please look forward” to future budget communications – Eye Witness News

Bahamas, Nassau — Yesterday, Minister of Economy Michael Halkitis said the government was “not sympathetic” to the fact that the Bahamas are burdened with high inflation and rising living costs, and the Bahamas have some of their next budget. Guaranteed to expect relief.

Halkitis was discussing at the Organization for Responsible Governance (ORG) roundtable yesterday prior to the 2022/2023 budget.

He states: “We recognize that inflation puts a lot of pressure on individuals, households and businesses. We don’t sympathize with it. Rest assured. Stay tuned. Lots of budget preparation. I have high hopes. There is some relief in this budget. I can’t say any more because it’s the prime minister’s privilege. “

Caribbean economist Marla Dukharan yesterday pointed out that the Bahamas have not yet left the forest, despite the country’s economic recovery driven by the recovery of the tourism sector.

“I don’t think the Bahamas are outside the forest. Many countries in the region are in a similar position that has not yet reached the level of pre-crisis economic activity,” she said.

“In the case of the Bahamas, we are thinking of pre-Drian levels of activity. Yes, we are seeing positive growth and improvement in the tourism industry. There are some positive aspects to the economy as a whole. I think there are improvements, but I’m not out of the woods like in other countries, “Duharan said.

https://ewnews.com/relief-on-the-way-economic-affairs-minister-says-stay-tuned-to-upcoming-budget-communication?utm_source=rss&utm_medium=rss&utm_campaign=relief-on-the-way-economic-affairs-minister-says-stay-tuned-to-upcoming-budget-communication The Minister of Economy says “please look forward” to future budget communications – Eye Witness News

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