September 14, 2017
IMF Headquarters 1 in Washington, DC.
Stories this photo appears in:
IMF calls for ‘tax spending budget’
The International Monetary Fund (IMF) has urged The Bahamas to develop an annual “tax expenditure budget” to better identify revenue leakages and assess the economic impact of its spending.
Insurer challenge to IMF’s proposal
A top insurer yesterday challenged how The Bahamas could enforce the IMF’s “mandatory property insurance” proposal when it is currently failing to do this with existing laws.
Govt ‘discussing’ income tax reform
The government has already started discussing potential income tax reforms, the IMF revealed yesterday, although it has admitted any changes will take “years” for The Bahamas to implement.
IMF calls for austerity in the ‘hundreds of millions’
The International Monetary Fund (IMF) yesterday exposed the harsh austerity Bahamians face post-COVID by urging the government to increase its “net income” by more than $300m over four years.
IMF calls for harsher Bahamian austerity
The International Monetary Fund (IMF) yesterday warned that the Government must impose harsher austerity measures on the Bahamian people to hit its 50 percent debt-to-GDP target by 2030.
IMF: Four-year haul on COVID recovery
THE Bahamas faces “anything but a V-shaped recovery” from COVID-19 with the International Monetary Fund (IMF) yesterday warning a four-year haul to regain economic output lost in 2020 lies ahead.
IMF’s bitter pill - find extra $240m
The Bahamas needs a further $240m “adjustment” to hit its Fiscal Responsibility targets, the IMF warned yesterday, as it called for more “trimming” of the civil service wage bill.
IMF – Your economy has turned the corner
The IMF yesterday gave the Government a much-needed boost by declaring the economy has “turned the corner”, despite warning over continued fiscal and current account imbalances.
‘Cut civil service wage bill by $70M‘
The IMF has urged the Government to slash the civil service wage bill by almost $70 million, as it slammed the Christie administration’s “lax spending controls” pre-general election.
Bahamas must have income tax, says IMF
THE International Monetary Fund (IMF) last night demanded that the Government take “decisive fiscal consolidation” measures, including the introduction of a low-rate income tax.
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