Tag Archive | "Peter Turnquest"

Finance Minister Explains Loans

The Minister of Finance, K. Peter Turnquest, went to great lengths yesterday to explain the reason and rationale behind the latest borrowings of the government. The Minister was able to restructure  loans and get the interest rate reduced from six and a quarter to six per cent. Addressing members of the House of Assembly, Mr. […]

Read the full story

Posted in National NewsComments (0)

Development Bank Given Ultimatum

The government has given The Bahamas Development Bank (BDB) three years to get its financial housing in order.   Within that time frame Minister of Finance Peter Turnquest said the government intends to pull the plug on the $3million dollars it gives in support to the BDB’s bond interests.   “We want to make sure […]

Read the full story

Posted in National NewsComments (0)

Minor Issues Experienced as Verification Begins

Following one working day of that controversial verification and restatement process, Deputy Prime Minister and Minister of Finance Peter Turnquest told reporters that there were a few minor issues, but overall he is satisfied with how things played out thus far. The issues of long lines he spoke of were attributed to confusion as it […]

Read the full story

Posted in National NewsComments (0)


Sign Up to Our Newsletter

Join Us on Facebook