More Budget Bombshells revealed by New FNM Govt

Bahamas, June 5, 2017 – Nassau – More from the Budget Communication including lots of social media outrage being expressed over money spent on road works and consultancies during the Perry Christie Administration.  

During his report on the public purse, Finance Minister and Deputy Prime Minister, Peter Turnquest said that the PLP Government paid $10M in National Health Insurance consultant contracts and a whopping, $30M in roadside contracts. 

More fiscal bombshells were dropped as the DPM opened up to media about public spending under the last government and revealed was that a foreign company was hired to run the NHI public relations, that $27M dollars more than was allocated to the Beaches and Parks Authority was spent. 

Turnquest said $3M was in the budget but $30M was used, reportedly for road works.  Add to this, Bahamas Junkanoo Carnival actually cost the country more than was disclosed by the PLP Administration, $25M over three years.  And another bombshell, there is no insurer in place for NHI. 

Finance Minister Turnquest is quoted saying, “I submit that those choices for the use of the large sums of VAT dollars collected did not correspond to the wishes and expectations of Bahamian citizens.”

Peter Turquest was quick to state that the fiscal imprudence of the PLP did not equate to insolvency of The Bahamas.   The DPM said everyday there are new surprises and that the Minnis led government is now pressured and compelled to uphold agreements of the ousted PLP, made just days before the 2017 national vote.  

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