revenue forecast

  • BB2022-02: The Proposed FY 2023 National Budget and the Medium-Term Revenue Program

    This Budget Brief starts with a discussion on the FY 2022-2028 Medium-Term Fiscal Framework and the Medium-Term Fiscal Program, with the latter establishing the fiscal consolidation strategy of the government.  Revenue projections from 2022-2028 are juxtaposed with the 30-year actual revenue performance to give context to what the revenue targets mean historically.  Medium-term revenue forecasts are also provided based on three alternative scenarios placed side by side with Development Budget Coordinating Committee (DBCC) revenue targets.