Saturday, 25 March 2023 12:05

Tax revenue $4.4 billion more than projected

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The government continues to rake in more taxes than budgeted.
Keith Duncan, Chairman of the Economic Programme Oversight Committee (EPOC), says up to the start of 2023, income from taxes was more than $4 billion more than programmed.
"For the period April through January 2023, tax revenues were $583 billion, which was $4.4 billion ahead of the third supplemental budget, and $115 billion - 24 per cent ahead of receipts collected for April to January, the same period [in] 2022," he revealed.  
Mr. Duncan was speaking at EPOC's quarterly press briefing Friday morning.