In periods of buoyant revenue growth, there is often a tendency to overestimate the strength of the underlying budgetary position. That is partially because economists can only tell you tomorrow why things predicted yesterday didn’t happen today.
Cabinet in December 2017 approved the Policy and Principles for National Payment Systems Bill which covers; the regulation of Payment Systems, Payment Service providers and payment instruments. Following approval by Cabinet, the Ministry of Finance Planning and Economic Development requested the Office of the Attorney General to draft the Bill.