2018/19 Budget Communication 2018_2019 BUDGET COMMUNICATION | Page 27

within the Ministry in the form of a Deputy Financial Secretary with responsibility for strengthening the operational capacity of the Ministry and a Deputy Financial Secretary in charge of economic and fiscal policy matters. The latter position is under recruitment and expected to be filled shortly. The Ministry will also undertake an internal restructuring and will recruit additional Bahamian professionals so as to ensure that the agency is equipped to provide its optimal level of fiscal, economic and budgetary management and support. The Ministry of Finance is also pursuing the implementation and successful completion of the $33 million IDB-financed Public Financial Management and Performance Monitoring Reform project that had been floundering up until last year and producing meager tangible results. 24