Prime Minister and Minister of Finance, the Hon. Philip Davis laid the Fiscal Strategy and Medium Term Debt Management Reports on the table in the House of Assembly on Wednesday. He told Parliamentarians, “the public can expect, one, the achievement of a budget surplus by financial year 2024-2025 and a decline in the debt to GDP ratio to at least 67.1% by financial year 2026-2027.”
He went on stating, “the comments that I make today about our nation’s fiscal health echo those of reputable economic international financial institution and economists who have performed advanced reviews of our draft documents.”
The Leader of the Opposition and Member of Parliament for Marco City, the Hon. Michael Pintard questioned when the documents would be debated in the House as is required by law.
