2018/19 Budget Communication 2018_2019 BUDGET COMMUNICATION | Page 21

wage bill and purchases of goods and services this fiscal
year are projected to be down by $120 million, or 10.3 per
cent, from the amounts budgeted. For its part, the in-depth
review of expenditure is expected to make a significant and
permanent contribution to deficit reduction going forward.
Government Digital Transformation
to Strengthen Competitiveness
The Government has been in discussions with the
IDB on a project that we refer to as the "Digital Bahamas
Initiative".
The main objective of this project is to foster the
country’s competitiveness by reducing the costs of
conducting business with the Government. This general
objective will be accomplished by achieving the following
specific objectives: (i) streamlining government procedures
and making them available online to reduce the cost of
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