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Last Updated: Feb 13, 2017 - 1:45:37 AM |
 Nassau, The Bahamas - Contribution to The Budget Debate - 2016/2017 by: The Hon. Hubert Chipman, Member Of Parliament for St. Anne's at House Of Assembly June, 15th 2016:
Mr. Speaker,
I rise on behalf of the wonderful people of St. Anne's who I have the honor and the good fortune to represent and to make my contribution to the annual Budget debate, 2016/17.
Mr. Speaker,
I would like to start my contribution with a quote from David Cameron during his contribution to the budget debate in 2011, and I quote “Today everyone can see what an utter mess this Labour Government and this Labour Prime Minister have made of the British economy”. “As of today, any claim they have ever made to economic competence is dead. Over. Finished” end quote. Mr. Speaker, this quote sounds very much like our present state of our economy. However, this Government refuse to believe it. They continue to talk about how they lowered the deficit while the Bahamian people continue to suffer.
Mr. Speaker,
Last year the Prime Minister, opened his communication by saying and I quote “this budget is faithful to the reform plan for a stronger Bahamas that my Government has been pursuing since our present mandate began”. He goes on to say “Our plan is working”. Well Mr. Speaker, at the outset let me ask who it is working for. Family and friends? The plan is not working. Dark days are here and more are still ahead for the majority of the people in this country. The lights are still off and people continue to lose their homes.
Mr. Speaker,
This year the Prime Minister opened his communication saying there has been a reduction in the Government's GFS Deficit over the first four years. He said that this Budget Communication continues our track record in this regard, with further reduction in the GFS Deficit in the 2016/17 fiscal year. We now know after reviewing the budget in detail, what he told us was a complete work of fiction. Mr. Speaker, let's look at the number according to the Central Bank Report which the Prime Minister look at hopefully or pay any attention to it....
Full Contribution to the 2016-2017 Budget Debate by the Hon. Hubert Chipman attached below
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