Quarterly reporting for Island's financial information
Wed, 30 Apr 2014
Figures that inform the Budget have been long outdated – but won’t be again.
That’s according to the Treasury Minister who says quarterly reporting will begin in May or June of this year.
Decisions on the annual budget typically come from information that is 18-months to two years out of date – giving an unrealistic representation of the Island’s economic stance.
Eddie Teare says that needs to change:
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