THOMPSON ACCUSES GOVERNMENT OF ONCE AGAIN FAILING TO SUBMIT TO PARLIAMENT THE ANNUAL FISCAL STRATEGY REPORT

Nov 24, 2022

Without any explanation or good reason, the Davis Administration once again flaunts

the Fiscal Responsibility Act by failing to submit to Parliament the annual fiscal strategy

report for 2022 by the third Wednesday of November as required by law.

The Davis Administration was late last year. Even after they extended the deadline for

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This administration is routinely late in the publication of monthly and quarterly budget reports.

submission, they missed that deadline.

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The government has failed to ensure that the Fiscal responsibility council publish its response to the Fiscal Strategy Report 2021 and the response to the Annual Budget for 2022/23. Both of these reports are now months late. Again and again, in his role as Minister of Finance, the Prime Minister has shown that his busy travel and photo-op schedules do not afford him the time to ensure that his Ministry fulfills its obligations. This is unacceptable and we demand that the Prime Minister makes the time to do the work the Bahamian people pay him to do and that he immediately causes to be published the Fiscal Strategy Report for 2022.

Further, the Prime Minister must ensure that this chronic tardiness by the Ministry of Finance is resolved and that the government follows the statutory requirements for the provisions of critical information to the public

J. Kwasi Thompson

Member of Parliament East Grand Bahama Shadow Minister for Finance

20TH November 2022

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