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Halkitis: New budget to get the country back to business – video

Minister of State for Finance Michael Halkitis said this week that the "revenue enhancement measures will not crimp the economy, but provide a more equitable tax burden." Watch a ZNS Network news report here. 

Source:
Date:
Updated:
ZNS News
Thursday, May 30, 2013
Thursday, May 30, 2013

Continue to see videoMinister of State for Finance Michael Halkitis said this week that the “revenue enhancement measures will not crimp the economy, but provide a more equitable tax burden.”

Prime Minister Perry Christie said the performance of Recurrent Revenues in 2012/13 was not as robust as had been expected, but the government succeeded in containing Recurrent Expenditure in 2012/13 to an estimated level of $1,659 million, down by $162 million from last year’s Budget projection.

Diversifying the key tourism and financial services industries, as well as the overall economy, partly through the promotion of innovation in high value-added products, are the government's growth initiatives said Prime Minister Perry Christie May 29.

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