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Deputy Prime Minister Peter Turnquest.
Photo: Terrel W. Carey/Tribune Staff

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DPM: ‘No more runaway trains’

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”.

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New roles fail to halt jobless rise

THE country’s unemployment rate has increased since November 2018 despite the addition of just over 2,300 jobs to the labour force.

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Mitchell: Cut the attacks - and not the economy

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.

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Turnquest defends VAT hike

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.

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'Hundreds' of jobs available in Grand Bahama with training

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

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Technology at centre 'to benefit Grand Bahama'

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.

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‘IMF won’t force us to axe more jobs’

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).

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Government 'will not sacrifice Grand Bahama environment for money'

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

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Govt 'attacking unhealthy lifestyles, not corned beef'

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.

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Ministers vow poll won’t alter agenda

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.

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No answer yet on forensic audit cost for taxpayers

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

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Turnquest: Davis making 'unfounded' allegations

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

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Euro blacklisting to end this week?

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.

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Govt 'will have to break a few eggs' for balanced budget

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

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Turnquest defends Oban deal

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.

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DPM slams 'unfounded' corporate taxation fears

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

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EU blacklist over end May ‘at latest’

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".

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Don’t panic - EU’s ban won’t last long

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.

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Last-ditch bid to halt EU blacklist

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’.

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UPDATED: Govt 'disappointed' by European Union blacklisting

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.

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VAT cash ‘fuelled immoral spending’

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.

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Turnquest points to growth despite debt handicap

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.

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