2018/19 Budget Communication 2018_2019 BUDGET COMMUNICATION | Page 98

Ø Fourth, in light of the fact that the Government wage
bill has grown by $226 million, or 40 per cent,
between 2011/12 and 2018/19 in an economy that
has posted little if any real growth, the necessity of
exercising restraint in respect of the overall wage bill
and headcount and also the need to focus on
enhanced
professional
skills
as
the
existing
professional staff retires;
Ø Fifth, the establishment and funding of the sinking
fund to which I referred earlier;
Ø Sixth, the vital need to establish a Disaster Relief
Fund over the medium term horizon to absorb the
fiscal consequences of natural disasters;
Ø Seventh, the critically important need to boost
capital expenditure on critical public infrastructure
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