20th Consecutive Year Of Government Deficit

2022 marked the twentieth consecutive year of a Government deficit, according to the Bermuda Digest of Statistics 2023. The document, which covers statistics from the year 2022, said, “Government expenditure exceeded revenue by $77.4 million in fiscal year 2022/23. This marked the twentieth consecutive year of a Government deficit. Furthermore, the deficit increased by 17% from […]

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