In this section we consider the measures announced by the Minister, analyse them, evaluate their impact and discuss the extent to which they provide useful economic benefits to stakeholders. Section 6 of the 2018 Budget Speech contains twenty five paragraphs of Budget measures, some of which are regulatory rather than fiscal. This follows the staggering number of fifty seven in 2017. Very few measures have their associated price tag and it is therefore not possible to assess their budgetary impact. The proposed changes are subject to statutory amendments and will take effect from January 1, 2018.
We now look at those measures and offer our comments.