The 2023/2024 Budget

The budget is the plan of how government money is managed. As the average Bahamian works out how much they spend on their bills, the national budget is the government’s plan for how much it expects to make (revenue) and spend (expenditure) that year.

PM's Budget Communication Video

By law, the budget communication must be presented to Parliament on the last Wednesday in May. It is presented in a speech made by the Minister of Finance along with legislation and financial documents. 

FY2023-24 Budget

Draft Budget Document

This document outlines the draft estimates of revenues and expenditure for fiscal year 2023/2024. In this document you will find an extensive breakdown of revenues and expenditure for each budget line item.

Budget Numbers

Click here for visual representations of the draft estimates of revenue and expenditure for fiscal year 2023/2024.