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DEPUTY Prime Minister Peter Turnquest.

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DPM: Just 50% of registry firms deemed 'active'

Just 50 percent of companies listed on the registry are thought to be “active”, the deputy prime minister said yesterday, as thousands of entities were informed of their removal.KP Turnquest told Tribune Business that the “gazzetting” of their remova

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Minimum wage rise ‘not anytime soon’

FINANCE Minister K Peter Turnquest yesterday said the government has not given any detailed consideration to increasing the minimum wage.

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Outages have not led to increase in generator sales

FREQUENT power cuts in New Providence have not sparked an uptick in generator sales, according to one supplier of generators. Nor have the power cuts led to an increase in requests to the government to import solar panel systems. While solar systems

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McAlpine row 'will not hurt FNM party'

DEPUTY Prime Peter Turnquest said public pushback regarding the representation of Pineridge MP Frederick McAlpine would not hurt the Free National Movement, but show it is a “democratic” party.As he expressed confidence in the FNM’s internal procedur

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Looking back doesn't help, says Deputy PM on issue of reparations

“LOOKING backwards doesn’t help you win a race,” Deputy Prime Minister K Peter Turnquest said yesterday when asked his thoughts on calls for reparations for black Bahamians. In an interview with The Tribune, Mr Turnquest said reparations are not at

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DPM: Tax 'confusion' resolved by Monday

The deputy prime minister yesterday pledged that any “confusion” and “run around” stemming from the switch to VAT on real estate transactions will be “sorted out by Monday”. KP Turnquest told Tribune Business that the government was moving to ensure

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GG’s rental expenses ‘money we must spend’

DEPUTY Prime Minister Peter Turnquest yesterday stressed the importance of “comfort and security” in the wake of reports the government will spend $9,000 a month to rent a home for new Governor General CA Smith.

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DPM brands Opposition as 'the junk bond crew'

The deputy prime minister yesterday renewed his attack on the former Christie administration’s fiscal management, branding it the “junk bond crew” for overseeing four consecutive rating downgrades.

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Wealthy Bahamians greatest tax cheats

“High-end” Bahamians and companies are the biggest tax dodgers, the deputy prime minister revealed yesterday, adding: “Poor people pay their taxes.”

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DPM: Deficit target in reach with $400m cut

The deputy prime minister has signalled that the government remains on track to hit its main 2018-2019 fiscal target by touting a $400m reduction in the annual deficit since it took office.

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'Runaway train' SOEs: Govt must take control

THE Bahamas must get its state-owned enterprises (SOEs) “under control”, the Deputy Prime Minister is demanding, saying: “They have been running like a runaway train.”

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DPM: ‘Not reached’ business licence reform stage yet

The deputy prime minister says the government has “not reached the point” of finalising business licence reform despite being “very sensitive” to the burden it imposes on the private sector.

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Set free illegals? No chance

THE suggestion that this country should “fling” open its doors to undocumented migrants is dangerous and reckless, Deputy Prime Minister K Peter Turnquest said yesterday, insisting limited resources among other things would not allow it.

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GDP grows by 1.6% but it's below IMF's 2.3% prediction

THE country’s real gross domestic product grew by 1.6 percent last year compared to 2017, new data from the Department of Statistics reveals.

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Web bosses told: Pay what you owe

FINANCE Minister K Peter Turnquest yesterday urged web shop operators to pay their taxes out of an obligation to the government regardless of beliefs or legal arguments they intend to mount.

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