Measures Outlined to Raise $6.7 Billion for Budget
The Government has proposed new revenue measures expected to raise the $6.7 billion needed to fully finance the 2014/15 budget. This was disclosed by Minister of Finance and Planning, Dr. the Hon. Peter Phillips, as he opened the 2014/15 Budget Debate in the House of Representatives on April 17. He noted that the $540.1 billion budget is being funded from projected revenues and grants of $421.2 billion, leaving a financing gap of $118.9 billion. “This...








