February 21, 2018
Deputy Prime Minister Peter Turnquest.
Photo: Terrel W. Carey/Tribune Staff
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DEPUTY Prime Minister and Minister of Finance K Peter Turnquest yesterday underscored the need for all sectors of society to closely collaborate on efforts to close the gender gap.
The government will “scale back” spending for the 2018-2019 fiscal year if revenue further underperforms, it was revealed yesterday, amid a $21.7m year-over-year fall in trade taxes.
The deputy prime minister yesterday pledged that the government’s finances will be placed “in check”, with “no more runaway trains” leading The Bahamas to the “fiscal brink”.
THE country’s unemployment rate has increased since November 2018 despite the addition of just over 2,300 jobs to the labour force.
PROGRESSIVE Liberal Party Chairman Fred Mitchell criticised Finance Minister Peter Turnquest yesterday for what he called “ad hominem attacks” against PLP Deputy Leader Chester Cooper.
DEPUTY Prime Minister and Minister of Finance Peter Turnquest defended the government’s Value Added Tax (VAT) hike plan during a press conference on Thursday.
Deputy Prime Minister Peter Turnquest believes hundreds of jobs Bahamians can perform with required training are being unfilled in the industrial sector in Grand Bahama, particularly in the maritime industry. “I am not knocking anybody, I appreciate
THE smart technology and services available at the newly renovated YMTA in Hunters will provide “real tangible benefits” for persons living in the various outlying settlements in the Central Grand Bahama constituency.
DEPUTY Prime Minister K Peter Turnquest yesterday said the government has no intention to downsize the public sector in response to concerns levelled by the International Monetary Fund (IMF).
WHILE in Grand Bahama over the weekend, Acting Prime Minister Peter Turnquest took the opportunity to again allay fears residents might have regarding the Minnis administration’s decision to approve the Oban Energies oil refinery and storage facility
The government is not attacking corned beef, but rather unhealthy lifestyles, said Acting Prime Minister Peter K Turnquest at the opening of the 2018 Agri-Business Expo on Friday.
ACTING Prime Minister Peter Turnquest admitted yesterday the government’s communications with the public have sometimes missed the mark and said it plans to ramp up its public relations efforts soon.
THE Minnis administration is still not ready to say how much taxpayers paid for forensic audits into government corporations.Asked yesterday, Acting Prime Minister and Minister of Finance Peter Turnquest said Bahamians will learn how much audits into
DEPUTY Prime Minister Peter Turnquest yesterday accused Progressive Liberal Party Leader Philip “Brave” Davis of calling into question the integrity and reputations of key institutions in the country by making what he called “unfounded” and “unfortu
The Bahamas could be removed from the European Union’s (EU) ‘blacklist’ as early as this Thursday, with the Government hoping to at least get “an indication” of delisting progress.
MINISTER of Finance Peter Turnquest said the government will have to make some “unpopular” decisions and “break a few eggs” to achieve its target of a balanced budget by 2020. However he said yesterday he did not think there is a need to increase ta
DEPUTY Prime Minister and Minister of Finance Peter Turnquest yesterday urged Bahamians not to be fooled by the “noise” surrounding the proposed $5.5 billion Oban Energies oil refinery and storage facility, stressing the government would not allow any project that is not environmentally sound.
The Deputy Prime Minister has slammed as “very much unfounded” fears that the Government will be able to introduce corporate taxation with little to no warning.K P Turnquest, responding to growing concerns over the proposed legislative response to th
The Deputy Prime Minister yesterday said the Government "trusts" the European Union (EU) will remove the Bahamas from its 'blacklist' by May 2018 at "the latest".
The Government was last night “optimistic” The Bahamas’ blacklisting will be “quickly reversed”, suggesting the European Union (EU) had ignored top-level pledges to meet its demands.
The Deputy Prime Minister and minister of financial services were yesterday travelling to Europe in a last-ditch bid to plead the Bahamas’ case against being ‘backlisted’.
FINANCE Minister K Peter Turnquest suggested the government was blindsided by the European Union’s decision to blacklist the country for being a tax haven, adding it was “disappointed” to learn of the move in light of having been engaged with the European Union on listing criteria as late as last week.
AS the former Christie administration committed an “immoral” fiscal travesty while in office between 2012 to 2017, the government’s direct debt mushroomed from $3.9bn to over $6.5bn, Finance Minister K Peter Turnquest revealed in Parliament yesterday.
DESPITE increased revenue and a real economic growth of 1.8 per cent, Deputy Prime Minister K Peter Turnquest said there are still tens of millions of dollars in remaining commitments left behind by the previous Christie administration that need to be satisfied.