MOODY’S LOWERS THE BOOM ON THE FNM FINANCE MINISTER

The Bahamas is now officially at junk bond status in the international credit markets.  It makes it more expensive for The Bahamas to borrow money on the international market.  Ordinarily this should not be a big deal because given the Covid 19 crisis, everyone knows what time it is.  However, we can’t help but gloat.  […]

FINANCE ANALYST JON ABRAMS WARNS ON PORT INVESTMENT – Urges Extreme Caution

Dear Editor. Kindly allow me some space to voice my concern(s) about what really are NOT attractive listings, private and BISX (public), existing and proposed in the Bahamas.  Prior to BISX coming into existence, in the due diligence phase, at the time, the Government of the day (I recall late 90’s early 2000’s) was advised, […]

DOES THE MINISTER OF FINANCE KNOW WHAT HE IS DOING?

The Minister of Finance Peter Turnquest has taken a beating. There is a video going around of Peter Turnquest expressing condolences to the people of Bimini following the news of the first Covid 19 death last week. He was unshaven and overweight and his voice was grim.  He looked like he had just been through […]

Michael Halkitas Former PLP Minister Of State For Finance

The FNM Government is trying to fire Simon Wilson as the Financial Secretary. They have been sued in the courts for making a false case against him.  It turns out that it is based on a phony report by an American firm FTI whose report was laid in the House of Assembly last week on […]

THE P.M. HIS FINANCE MINISTER: FNM BUDGET LIES

The Budget Communication by Peter Turnquest unleashed a plethora of memes across all social media platforms excoriating the budget and accusing the government of being senseless and clueless.  The FNM for its part was stunned by the response.  Peter Turnquest, the Minister of Finance, spoke at the after the march rally for Labour Day in […]

BAHAMAS MINISTRY OF FINANCE COMMENTS ON MOODY’S RATING ACTION

On September 2nd Moody’s investor service lowered The Bahamas Government’ credit rating by one notch to Baa2, buy viagra sale and issued a stable outlook for the credit assessment, no rx premised on the strength of a very credible fiscal reform plan and a stronger forecast for economic growth. It must be stressed that The […]

Finance Ministry In Reverse

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What James Smith had to say

James Smith, cialis canada recipe the former Central Bank Governor, the former Minister of State in the Ministry of Finance took issue with the report on investment by the United States government on investment in The Bahamas ( see Comment of the Week). His remarks were printed in The Tribune of 4th July: “Any report […]