November 8, 2016
Deputy Prime Minister K Peter Turnquest.
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DEPUTY Prime Minister and Minister of Finance Peter Turnquest pushed back yesterday against the claim of major public sector firings under the Minnis administration, saying 865 fewer people were employed in the public sector between June and December
The Bahamas was yesterday urged to “bail like hell to rescue the ship” after it was revealed that the Christie government’s $570 million spending spree dwarfed the VAT-led revenue rise.K P Turnquest, the Deputy Prime Minister, told Parliament there w
DEPUTY Prime Minister and Minister of Finance Peter Turnquest said some recent criticisms of the Bahamas from Tim Rider, Royal Bank of Canada’s senior vice president for sales, were “unfortunate” and “uninformed”.
DEPUTY Prime Minister Peter Turnquest said while Value Added Tax revenue is behind this quarter, the government fully expects the economy to pick up resulting in better VAT results.
DESPITE the Minnis administration’s ambitions to open the Grand Lucayan Resort by winter this year, Finance Minister K Peter Turnquest said the deal is still being negotiated. “Unfortunately, it’s not gone as fast as we’d like,” the deputy prime min
FINANCE Minister K Peter Turnquest yesterday defended the Minnis administration’s securing of a $750m US bond, insisting there was nothing “devious” or “surreptitious” about the way in which the transaction was handled, adding it would have a “neutral” impact on the country’s debt levels.
DEPUTY Prime Minister K Peter Turnquest has suggested the government is considering ways to modernise several of the country’s registry operations, with a view to simplify and streamline critical government services.Mr Turnquest, who was the guest sp
The Deputy Prime Minister has not ruled out new or increased taxes for web shops, saying the Government had to consider sector integrity as well as revenues.
THE Minnis Administration suspects the Christie Administration spent more than $40 million of hurricane relief funds in a failed bid to buy the election, Deputy Prime Minister Peter Turnquest said yesterday.
THE former Christie administration was “fiscally incompetent” and placed the Bahamas in a “financial ditch,” Minister of Finance K Peter Turnquest (pictured) said yesterday while revealing the country’s deficit for the 2016-2017 fiscal year has risen to $695m.
FINANCE Minister K Peter Turnquest defended the Minnis administration’s decision to pay “a lot of money” for policy coverage under the Caribbean Catastrophic Risk Insurance Facility even though it did not meet the deductible, affecting the payout received for Hurricane Irma related damage.
The Deputy Prime Minister yesterday said he “takes no comfort” in the $9.1 million Budget surplus achieved by the Government for the 2017-2018 fiscal year’s first month.
The Government has not ruled out implementing an income tax, the Deputy Prime Minister revealing yesterday: “We have to consider all options.”
DEPUTY Prime Minister K Peter Turnquest yesterday denied claims that the Minnis administration is seeking to inflict “pain” with its conservative fiscal measures, insisting the government will not participate in “any action that is going to further cause the Bahamian people to suffer”.
WITHIN two days before the May 10 general election, the former Christie administration signed off on “millions of dollars” in contracts, Deputy Prime Minister K Peter Turnquest revealed yesterday, as he underscored the “egregious fiscal mismanagement” of the Progressive Liberal Party.
POLICE officers are expected to begin receiving the first instalment of their long-sought overtime pay today.
THE Minnis administration isn’t changing its tune on value added tax and still intends to repeal the fee on a variety of items and services, Deputy Prime Minister and Minister of Finance Peter Turnquest said yesterday.
THE government has not been able to finalise the scope or overall price tag of the round of audits it ordered on several government run agencies, corporations, and offices last week, this confirmed by Deputy Prime Minister and Minister of Finance K Peter Turnquest yesterday.
A DAY after former Prime Minister Perry Christie revealed his administration had signed off on agreements with a company to make electricity more affordable and reliable while at the same time generating significant revenue for the government days ahead of the general election, Deputy Prime Minister K Peter Turnquest and a top union official have expressed uncertainty over whether this deal is concrete.
THE Minnis administration has given no directives for people to be fired from government programmes that were started under the previous administration, Deputy Prime Minister K Peter Turnquest said yesterday.
THE country is facing a new era of conservative fiscal measures, according to Deputy Prime Minister K Peter Turnquest, who yesterday forecast a swift departure from the established culture of government overspending in his remit as the new minister for finance.
FREE National Movement Deputy Leader Peter Turnquest on Thursday called the Progressive Liberal Party's (PLP) free electricity pledge a "desperate and disastrous plan" by a desperate and visionless government.
FREE National Movement (FNM) Deputy Leader Peter Turnquest said the party has “serious concerns” at the number of discrepancies on the voter register and will be doing its own checks to ensure the upcoming general election is fair.
FREE National Movement Deputy Leader Peter Turnquest said yesterday that Prime Minister Perry Christie’s explanation of “where the VAT money gone” was nothing more than “smoke and mirrors and word play”.
AS the government continues its search for resolutions at the New Providence dump site, Free National Movement (FNM) Deputy Leader Peter Turnquest yesterday dismissed indications that the administration was now exploring a request for proposal (RFP) process, blasting the move as “empty rhetoric” presented as means to “inspire false hope” to those that have suffered through the “calamity” of fires.
FREE National Movement Deputy Leader Peter Turnquest yesterday moved to clear the air over claims by DNA Deputy Leader Chris Mortimer that members of the FNM were more concerned about Baha Mar than governance, calling the assertion a “desperation for relevance”.
BY the end of the year, the Christie administration will have driven the country’s deficit up to a number that exceeds what was left by the previous administration, Free National Movement Deputy Leader Peter Turnquest said yesterday.
FREE National Movement (FNM) Deputy Leader K Peter Turnquest yesterday branded the legal action filed by two Official Opposition members over the recently tabled draft boundaries report as a “pointless exercise” that will not be supported by the FNM, insisting that the party was focused on fighting the government on the campaign trail.
FREE National Movement Deputy Leader Peter Turnquest yesterday accused the government of “shameless gerrymandering” over recently tabled boundary changes that he claims affect the “deliberate elimination of middle class areas” from the former Montagu constituency.
FREE National Movement Deputy Leader Peter Turnquest said yesterday that it is “laughable” that Prime Minister Perry Christie is bragging about assisting hundreds of homeowners through the government’s mortgage relief plan when thousands of Bahamians are still losing their homes.
AFTER running short of inspection stickers and decals in Freeport, Acting Deputy Controller of the Road Traffic Department Ken Ferguson revealed that a new digital system will soon be implemented in Grand Bahama to prevent such issues.
FREE National Movement (FNM) Deputy Leader Peter Turnquest said Prime Minister Perry Christie’s recent remarks on opposition parties shows “he’s concerned” about the challenge the FNM poses.
FREE National Movement Deputy Leader Peter Turnquest said yesterday he isn’t surprised by Labour Minister Shane Gibson’s attempt to shift blame for the termination of more than 60 One&Only Ocean Club employees to the Bahamas Hotel Catering and Allied Workers Union, calling the move the latest in a trend of demonstrating hostility towards Bahamian workers.
THE Progressive Liberal Party has “disappointed” and “let down” the people of Grand Bahama once again with the news of layoffs from Treasure Bay Casino, Free National Movement Deputy Leader Peter Turnquest said in a statement yesterday.
FREE National Movement Deputy Leader Peter Turnquest yesterday said it is “very unusual” and “curiously strange” that the attorney general would discontinue prosecuting the two men who were accused of robbing Deputy Prime Minister Phillip Brave Davis at a time when he was acting prime minister.
AS concerns grow over low voter registration numbers, Free National Movement Deputy Leader K Peter Turnquest has suggested a list of changes he thinks the Parliamentary Registration Department should adopt as it aims to increase registration numbers ahead of the upcoming general election.
SENIOR Free National Movement members yesterday insisted that they were not concerned or moved by Prime Minister Perry Christie’s threat to reveal documents detailing the previous FNM administration’s efforts to partner with the Chinese for agriculture and fisheries developments, saying this was a mere deflection away from the failures of the Progressive Liberal Party government.
FREE National Movement Deputy Leader Peter Turnquest yesterday said Grand Bahamians continued to be exposed to the elements, as he accused the government of taking too long to bring relief to those who suffered severe loss as a result of Hurricane Matthew.