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

Notwithstanding
the
fact
that
the
Fiscal
Responsibility Bill has not yet been enacted, we have crafted
this budget consistent with the key principles and articulated
targets as guidepost, underscoring our commitment to the
achievement of fiscal discipline and proper governance.
ii. Measures to Redress the Public Finances
In light of the magnitude of the primary fiscal
imbalance that we faced upon coming to office, we have, as
I mentioned earlier, adopted a judicious and balanced
approach to fiscal consolidation that comprises actions to
both restrain expenditure and enhance revenues.
Expenditure Restraint
On the expenditure front, we are pursuing an in-depth
and extensive review of all Government programmes and
services. It is simply well past time for such a review to
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