LIFE VS LIVELIHOOD… LOCKDOWN VS OPENING THE ECONOMY

Things are bad. This was the scene on Monday 20 April 2020 outside the headquarters of the Bahamas Hotel Catering and Allied Workers Union as they  called their people to collect food vouchers as result of the layoffs of thousands of workers in the Covid 19 pandemic.

THE NEED TO SAVE LIVES AND SAVE THE ECONOMY

Dr. Delon Brenan in file photo says keeping people inside is unsustainable in the long run. Even the British Foreign Minister Dominic Raab who is in charge of the day to day Government in Britain  and the epidemic raging is saying that there has to be balance between the economy and saving the country from […]

BARRY GRIFFIN PLP VICE SAYS: WHAT ABOUT THE ECONOMY?

24 March 2020  I write to offer some suggestions to the Task Force.  While the measures being implemented by the government are a good first step, we should be concerned that the package presented thus far doesn’t fully appreciate the urgency and the gravity of the situation for the poorest and most vulnerable among us. […]

Fifty Per Cent of Bahamians Can’t Make Ends Meet

From The Nassau Guardian The Central Bank of The Bahamas (CBOB) has released the results of its Financial Literacy survey, which found that overall, less than half (42.3 percent) of the respondents were able to provide answers to basic questions about financial computations and concepts around interest rates, including the compounding effects of interest rates. […]

WHO IS RESPONSIBLE FOR TODAY’S GDP GROWTH

The FNM Government after having done nothing for one year but borrow 1.7 billion dollars, boast about how corrupt the country is (their ma is corrupt), lock up their political opponents in jail, and then boast about GDP growth buttressed by healthy tourism figures about how well the tourism figures are doing. Stop over visitors […]

MOODY’S TAKES A DIFFERENT TACK ON THE ECONOMY THAN STANDARD AND POORS

Today Moody’s Investor Services upheld The Bahamas’s investment grade credit rating and the stable ratings outlook. Moody’s expressed confidence that The Bahamas is on course to see a reduction in its debt burden over the near and medium-term.  To the credit of the Government’s fiscal reform process and the improving economic outlook, the ratings agency’s […]

PM GIVES UPBEAT ASSESSMENT OF THE ECONOMY

  COMMONWEALTH OF THE BAHAMAS 2014/2015 MID-YEAR BUDGET STATEMENT ON THE SIX MONTHS ENDING 31st DECEMBER 2014 Presented to The Honourable House of Assembly by The Rt. Hon. Perry G. Christie, M.P. Minister of Finance On Wednesday, 11th February, 2015   Introduction Mr. Speaker: I stand before you today with enormous confidence in our nation’s […]

IMF STATEMENT ON BAHAMAS ECONOMY

(Translation from the IMF visit is that we must pass VAT if our economic prospects are to brighten.  Growth is slow, generic cialis see although in the right direction. Unemployment remains high. Editor) Statement at the Conclusion of an IMF Staff Visit to the Bahamas Press Release No. 14/354 July 18, 2014 An International Monetary […]

Brian Seymour writes from Grand Bahama

(THE THINGS LEADERS DO) On May 7th, viagra buy medical 2012, cialis the people of the Bahamas demonstrated with the power of a pencil and a ballot paper that they had enough of Hubert Ingraham and the FNM’s arrogant style of government. When the exercise was completed on that faithful day; only the former Prime […]