Budget By The Numbers
The Budget provides a snapshot of the Government's estimated financial position by estimating how much money it plans to collect through taxes against how much money it plans to spend on operations, services and special projects.
In September 2019, The Bahamas was hit by the most catastrophic hurricane in its history. The Government revised its 2019/20 estimates of revenue and expenditure in January 2020. While many of the policy measures announced in the May 2019 Budget Communication remain the same, the Minister of Finance presented a Supplementary "Hurricane Dorian" Budget Statement, along with the Supplementary Draft Estimates for Revenue and Expenditure in the House of Assembly on January 29, 2020 to detail the adjustments made as a result of the fiscal and economic impact of Hurricane Dorian.