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ECONOMIC GROWTH NOT FELT Says Chamber CEO

The Bahamas Chamber of Commerce Chief Eexecutive Officer  Jeffrey Beckles says  more must be done to ensure all sectors benefit from the economy’s growth as the small and medium sized businesses are not feeling it. He  said that if not sustained,  that 2.6 per cent growth the economy is experiencing will decline, specifically in the […]

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Bimini Clinic Blasted- Health Minister Refutes Claims of Inadequacies

There has been a critical   report  of medical facilities in Bimini  after  the shooting death of American Businessman Alain Perez on that island this past Sunday.  A news report, aired on Monday, on WPLG local 10, in Southwest Miami Dade Florida, begins: “loved ones say they not only want to see justice served, they […]

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“GOV’T PILING TAXES AND FINES”

The  Opposition’s Shadow Minister of Finance, Chester Cooper says, “The Free National Movement  is shamefully pilling taxes and fines on the backs of the poor and a struggling middle class to simply appease ratings agencies and the International Monetary  Fund.” He  added that, “the FNM is disgracefully starving capital expenditure and neglecting infrastructure in order […]

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DPM Turnquest

ECONOMY EXPANDING

Initial statistics for the first nine-months of fiscal year 2018/201919 denoted a 51 per centimprovement on the deficit reduction compared to the previous fiscal year.  This comes  from the Ministry of Finance’s nine-month budget performance report, which explained that these figures shrunk from $261.5m in last fiscal year to $129.2m this year. The report noted that revenue increased by $218.7m, which represented a 15 per cent Year Over Yearimprovement.  Deputy Prime Minister […]

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AG Disturbed Over Officer’s Killing

Attorney General Carl Bethel yesterday expressed serious concern over the killing of Defense Force officer Phillip Perpall at Government House early Sunday morning. The Attorney General noted that it was especially shocking that the alleged assailant is a fellow RBDF officer and that the fact that the murder took place at the official residence of the head of state and as alleged between […]

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HOMICIDE AT GOV’T HOUSE

Royal Bahamas Defense Force (RBDF) officers are coping with what Commodore Tellis Bethel yesterday described as a “real blow” following the murder of one of its very own on Government House grounds.  The victim was identified as Petty Officer Phillip Perpall, who served on the force for 30 years.  According to Police Commissioner Anthony Ferguson, police officers received […]

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Sands: Gov’t committed to right balance of professionals for healthcare

The Government of The Bahamas is committed to ensuring that the country has the right balance of doctors, nurses and all of the other professionals required for the advancement of healthcare moving forward, Minister of Health Dr. the Hon. Duane E.L. Sands said Monday. “Our government has recognized the value of a holistic approach to […]

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COOPER HIGHLIGHTS DISMAL ECONOMIC INDICATORS

Opposition Deputy Chester Cooper said the reality on theground for most Bahamians is harshly different than the rosy picture thegovernment wishes to paint of the economy. While the government he said is basking in the glow of praise from the IMF, indicators in the country are dismal.  In a statement released  yesterday, Mr. Cooper said the […]

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DPM Turnquest

DPM: “THE COUNTRY ON THE RIGHT TRACK”

The Deputy Prime Minister and Minister of Finance, K. Peter Turnquest says, “It is clear from the IMF’s initial Article IV assessment that the reform agenda of the Minnis-led administration is moving the country in the right track. The economy is getting stronger.”   In a statement yesterday, Mr. Turnquest said, “The fiscal measures to raise […]

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MINISTER’S COST ON HOUSING DISPUTED

Former Chairman of The Bahamas Mortgage Corporation (BMC) Alex Storr yesterday labelled Housing Minister Romauld Ferriera’s comments on housing prices under the previous administration as nonsensical, erroneous, and baseless.  According to Minister Ferreira, homes constructed under the former administration were overpriced by  tens of thousands of dollars.  The Minister’s  comment was in response to the argument that […]

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