August 24, 2016
Minister of State for Finance Michael Halkitis.
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Halkitis: FNM leader to blame for altercation
GOLDEN Isles MP Michael Halkitis yesterday accused Free National Movement leader Dr Hubert Minnis of intentionally “provoking an altercation” between FNM supporters and campaigners for the Progressive Liberal Party who were canvassing the Carmichael Road area on Tuesday.
Halkitis campaigners clash with FNM group
A CAMPAIGN team for Minister of State for Finance Michael Halkitis, the member of Parliament for Golden Isles, clashed with a group of Free National Movement (FNM) supporters who were canvassing the area.
Halkitis defends comments on VAT spending despite previous loans
MINISTER of State for Finance Michael Halkitis yesterday denied that he was being “disingenuous” when he stated, during a speech at the Progressive Liberal Party’s (PLP) national convention last week, that millions of dollars generated from Value Added Tax (VAT) was being spent on projects for which the government already borrowed money.
Final CLICO payments expected in january
THE Christie administration has already paid $11m to CLICO (Bahamas) policyholders and intends to hand out an additional $38m in bonds, State Finance Minister Michael Halkitis told Parliament yesterday.
Mortgage Relief: 16%of targeted borrowers qualify
Some 16 per cent of troubled borrowers targeted by the Government’s revised Mortgage Relief Plan have been enrolled in the scheme, a Cabinet Minister yesterday saying it had already been “more successful” than the first version.
Govt to borrow $28.3 million to improve water quality
THE government is seeking to borrow $28.3 million from the Caribbean Development Bank to improve the access and quality of water in the Bahamas.
Govt optimistic despite downgrade by Moody’s
STATE Finance Minister Michael Halkitis yesterday insisted that the government remains optimistic about the Bahamas’ economic future, despite Moody’s Investor Service downgrading this country’s sovereign credit rating one notch, from Baa2 to Baa3.
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