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Bahamas: TECHNO-PAYOFF: Govt expecting “revenue bump” from digital platform rollout

NASSAU, BAHAMAS — While the government is anticipating a “revenue bump” due to the introduction of its digital payment platform, Acting Financial Secretary Marlon Johnson noted yesterday that it has not set any particular targets in light of what he described as an “anomalous period”.

Johnson, while addressing a Port Department DigiPay press conference, noted: “We haven’t set any particular targets because we are in an anomalous period. Setting targets in an economy impacted by the pandemic would be a challenge not comparing like for like. What we are clearly doing is monitoring the uptake and revenue flows.”

He further noted: “We anticipate a revenue bump-up, but revenues are down because of what is happening in the broader economy.”

Johnson said previous attempts to digitize certain government services did not provide the level of integration and interoperability as the DigiPay platform.

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