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PM Announces Tax Reductions Dr. Sands Sworn In
 

PM Announces Tax Reductions

In an effort to provide relief to consumers and businesses, Prime Minister Perry Christie yesterday announced a number of customs duty reductions. During his 2016/2017 budget communication yesterday, Mr. Christie said the government is proposing to      extend the City of Nassau Revitalization Act for another year to June 30, 2017; extend the Family Island Development Encouragement […]

Dr. Sands Sworn In

Free National Movement (FNM) Elizabeth MP Dr. Duane Sands was sworn in to the senate this for a second time Monday in a ceremony at Government House, on the heels of the resignation of Senator Latisha Rolle. Addressing detractors that say Senator Rolle’s resignation embodied the dysfunction within the party, Sands says whatever he can […]

Political Protest In Rawson Square

26 May 2016

A demonstration was held in Rawson Square this morning on the heels of the 2016 budget communication. The protest was led by S. Ali Mcintosh servant leader of the Bahamas Constitution Party, as well as officials from the Democratic National Alliance. This was in response to an alleged letter that detailed an exorbitant amount of […]

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PM Says Baha Mar Deal Sealed

26 May 2016

Prime Minister Perry Christie yesterday announced during his budget communication in the lower chamber, that after successful negotiations in Beijing with China Exim Bank, China State Engineering and The Bahamas Government, China Construction America (CCA) remains contracted to complete the stalled Baha Mar project.   This announcement came just days after a group called “Baha […]

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PM announces revamped $22 million entrepreneurship program

26 May 2016

In an effort to reach at –risk unemployed youth in the country Prime Minister Perry Christie announced that the government would allocate $22 million dollars for training and apprenticeship programs.   Mr.Christie made the announcement yesterday during his presentation of the 2016/2017 budget communication in the House of Assembly.   He began by noting that […]

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Oppostion rejects budget communication

26 May 2016

The Free National Movement (FNM) called Wednesday morning’s Budget Communication presented by Prime Minster Perry Christie, exhausting, dull and unimaginative. Immediately following an almost three hour reading by the prime minister, the FNM responded saying the budget was not for the Bahamian people, trite and overall disappointing. Speaking on behalf of the opposition was the […]

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New Mortgage Relief Plan

26 May 2016

Prime Minister Perry Christie yesterday in the House of Assembly said that homeowners qualifying for the government’s forthcoming mortgage relief programme will cause a 20 per cent to 25 per cent reduction in mortgage payments. Mr. Christie said the mortgage relief programme will give residents “a chance to get back on track”. This relief programme, […]

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More Than $10Million Paid To Clico Policy Holders

26 May 2016

The government has honoured its pledge to compensate Clico policyholders who were left in limbo after the company folded its operations in The Bahamas nearly seven years ago. The move created widespread uncertainty and caused the government to be bombarded with complaints from policyholders demanding they not be left in the dark. In March, Prime […]

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Gov’t To Borrow $99 Million

26 May 2016

The government plans to borrow less than $100 million, it was announced yesterday. State Minister for Finance Michael Halkitis announced tabled a resolution for the Government of The Bahamas to borrow just over $99 million for expenditure. This, he said is significantly down from the $543 million needed when the Christie administration first took office […]

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Bill For The University Of The Bahamas Tabled

26 May 2016

After much anticipation and wait the bill responsible for the funding that will allow the College of The Bahamas to transition to university status was tabled yesterday in Parliament. This legislation was one of the more significant promises the Progressive Liberal Party made leading up to the most recent election. Fitzgerald expressed his optimism for […]

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Louis Bacon Has Crossed The Line

25 May 2016

By P.J. Malone Hedge-fund billionaire, Louis Bacon, seeks to defy the Constitution of The Bahamas by applying to the Supreme Court of The Bahamas to ignore the rights of Parliament, in order to protect his self-admitted political organization, Save The Bays, from being called into question. Look at where we are because of this hedge-fund […]

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Roberts Calls For Party Unity on Bills

25 May 2016

Progressive Liberal Party(PLP) Chairman Bradley Roberts yesterday called for solidarity between his party and the Free National Movement(FNM) on the four constitutional amendments on gender equality. Mr. Roberts noted that the bills were near unanimously voted on in both houses of parliament, and he said this is an indication that there is bipartisan support for […]

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