Business Minister Dominic Gaskin yesterday called the government’s proposed 2018 national budget people-focused, while asserting that it pays attention to the needs of the man-in-the-street.
“It tells him that he is relevant and that when money is being spent by this government, he or she is going to be [the] beneficiary,” Gaskin told the National Assembly during his presentation on the $267.1 billion budget.
He gave the example of the allowance of the minimum personal income of $720,000 per year, regardless of whether a person works for the full year or not. The tax deducted by the employer and the revenue authority is to be refunded to those employees whose income did not reach $720,000.
