2018/19 Budget Communication 2018_2019 BUDGET COMMUNICATION | Page 29
government bookkeeping and reporting that will provide
increased visibility into outstanding cash requirements and
facilitate cash planning. Here again, we are committed to
bringing the Bahamian government up to modern and
international standards.
Revenue Enhancement
The Ministry of Finance has also been mandated to
renew its emphasis on enhanced revenue collection. To that
end, the Revenue Enhancement Unit, another example of an
initiative
simply
floundering
under
the
previous
administration, is being recast to ensure that revenue is
properly and fully collected across the major tax segments .
To facilitate these efforts, an amendment is being proposed
to the Financial Administration and Audit Act to provide the
authority to the Ministry of Finance to form an inter-
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