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2023 Spring Revenue Estimating Conference

Collection
Government Financials
Sub-shelf
DOF Budgets & Financial Statements
Kind
Financial Report
Date
2023-03-01
Topics
Public Finance
Pages
4
Text
Native Text

## Slide 1 2023 Spring Revenue Estimating Conference Office of Management and Budget Presented by Sahil Ramchandani 03/14/2023 ## Slide 2 US Economic Outlook Real gross domestic product (GDP) increased at an annual rate of 2.7 percent in the fourth quarter of 2022, after increasing 3.2 percent in the third quarter. The economy appears to be performing resiliently so far in 2023 despite tighter financial conditions. Economic expansion remains fragile as risk factors may cause potential downside 2 ## Slide 3 USVI Revenue Outlook FY2023 YTD Net Revenue Projection: $914m FY2024 Preliminary Net Revenue Projection: $929m Importance of Revenue Conference and the roles we play 3 ## Slide 4 Thank You! Questions?

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## Slide 1 2023 Spring Revenue Estimating Conference Office of Management and Budget Presented by Sahil Ramchandani 03/14/2023 ## Slide 2 US Economic Outlook Real gross domestic product (GDP) increased at an annual rate of 2.7 percent in the fourth quarter of 2022, after increasing 3.2 percent in the third quarter. The economy appears to be performing resiliently so far in 2023 despite tighter financial conditions. Economic expansion remains fragile as risk factors may cause potential downside 2 ## Slide 3 USVI Revenue Outlook FY2023 YTD Net Revenue Projection: $914m FY2024 Preliminary Net Revenue Projection: $929m Importance of Revenue Conference and the roles we play 3 ## Slide 4 Thank You! Questions?