2018/19 Budget Communication 2018_2019 BUDGET COMMUNICATION | Page 56

vigilant adherence to strict fiscal discipline. Whatever we
do and, however we do it, will be faithful to the binding
requirement that we meet the mandated fiscal balance
objectives in the new Fiscal Responsibility legislation. As
such, requests for funding allocations for new initiatives
have been scrutinized and prioritized meticulously.
I will, therefore, now turn to a discussion of the
current fiscal position as portrayed by the projected fiscal
outturn for the 2017/18 fiscal year.
I will then review the
specific revenue measures that are being proposed in this
Budget to:
• follow up on
our Government’s commitments to
Bahamians;
• provide further tax relief to consumers and businesses;
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