Business

DPM: Ministry of Finance hiring, upgrading staff skills

The Ministry of Finance has begun taking on new hires and upgrading the skills of current staff members in an effort to modernize its operations and expand its talent pool, Deputy Prime Minister and Minister of Finance Peter Turnquest told Guardian Business yesterday.

Turnquest explained that recruiting of new staff members is ongoing and expected to yield “tangible” results once those people have been integrated and fully engaged.

“Our modernization initiative necessarily involves upgrading the skills of our personnel internally, as well as bringing in new talent where necessary,” he said.

Turnquest said the Ministry of Finance is making progress in its move to shore-up revenue and tax collection methods, which is one of the government’s initiatives aimed at ensuring there is no need to raise taxes or fees, only properly collect what is already owed to the government. In this regard, Attorney General Carl Bethel recently revealed that 11,402 companies that are 20 years in default on filing annual returns or the payment of associated fees, will be struck from the register of companies.

“We are making progress with the revenue enhancement unit as well as our property tax modernization initiatives,” Turnquest said.

He added that the government continues to implement its ease of doing business initiatives and to take into account those recommendations brought to it by the general public “that have merit.”

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Chester Robards

Chester Robards rejoined The Nassau Guardian in November 2017 as a senior business reporter. He has covered myriad topics and events for The Nassau Guardian. Education: Florida International University, BS in Journalism

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