Financial Analyst: Too Early for Concern Amid Revenue Shortfall

Financial analyst, John Jackson, says its too early for concern amid the revelation from the finance minister that the government missed its revenue target in the previous fiscal year.

Finance minister, Dr. Nigel Clarke, said the falloff in revenue was due to lower than expected collection in corporate income tax.

Mr. Jackson says a decline in corporate income tax does not pose the same immediate threat as a falloff in the collection of general consumption tax.

Mr. Jackson says he expects collections from corporate income tax to rebound in this fiscal year.

John Jackson, financial analyst.