Press Release

Source: Ministry of Finance, The Bahamas
Date: 4 February 2026
Contact: Financemail@bahamas.gov.bs

The Ministry of Finance is pleased to release its monthly report on Government’s fiscal
operations for the month of October 2025, as mandated by the Public Finance Management Act, 2023.

During the review month, revenue receipts totaled $295.4 million, a 15.3 percent increase from the prior year, with the tax component rising by $35.2 million to $271.2 million. Key gains were registered for value-added tax collections ($15.2 million) and taxes on international trade and transactions ($12.4 million). Non-tax revenue edged higher by $4.2 million to $24.2 million, on account of customs fees and rental receipts.

Aggregate expenditure settled at $315.2 million, with the recurrent and capital components at $293.6 million and $21.6 million, respectively. The year-over-year $30.7 million reduction was largely associated with lower outlays for the use of goods and services ($20.8 million) and other transfer payments ($8.2 million).

As a result of the above movements, the Government’s overall fiscal position for October 2025 recorded an estimated deficit of $19.8 million. Financing activities for the month featured an estimated increase in the outstanding debt stock by $157.0 million.

The public is encouraged to visit the national Budget Website (www.bahamasbudget.gov.bs) to view all fiscal reports.