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Fiscal Responsibility Report Extremely Late, FNM Says

NASSAU, BAHAMAS – The Davis administration is being critiqued over its late Fiscal Strategy Report. Member of Parliament Kwasi Thompson says the report should’ve been tabled in November.

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NASSAU, BAHAMAS – The Davis administration is being critiqued over its late Fiscal Strategy Report.

East Grand Bahama Member of Parliament Kwasi Thompson says the report should’ve been tabled in November.

The Fiscal Strategy Law which was passed under the Minnis administration is aimed at providing greater accountability through regular fiscal accounting.

The Public Financial Management Act and the Public Debt Management Act came into effect in July 2021.

Thompson calls the late report unimaginable.

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