2018/19 Budget Communication 2018_2019 BUDGET COMMUNICATION | Page 13

prudent in the implementation of our ambitious growth agenda, doing so in a manner that will ensure that the annual deficit is steadily reduced and eliminated, thereby gradually returning the burden of debt to lower and more desirable levels. Accordingly, the five-year policy platform of our Government is being implemented in a phased and reasoned way, within the budgetary limitations that we face. I will now turn to a brief discussion of what the Government has achieved to date during its first full fiscal year in office and our action plans for the coming year and beyond. II. Implementing the Government’s Policy Agenda i. Promoting Fiscal Responsibility Our Government made a commitment to the Bahamian people that we would enshrine fiscal discipline as 10