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DPM Turnquest: National budgets have presented a far rosier picture of national finances


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Deputy Prime Minister and Minister of Finance K. Peter Turnquest brings remarks at a press conference to provide supplemental details for the Budget Communication at the British Colonial Hilton, Thursday, May 31, 2018. Seated is Financial Secretary, Marlon Johnson. (BIS Photo/Patrick Hanna)

Deputy Prime Minister and Minister of Finance K. Peter Turnquest said
for too long, national budgets in The Bahamas have presented a far rosier picture of national finances than was actually the case.

Worse still, the unpaid bills and unfunded obligations have kept appearing, DPM Turnquest said during a press conference to provide supplemental details for the Budget Communication at the British Colonial Hilton, Thursday, May 31, 2018... 

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