March 18, 2020
Finance Minister Peter Turnquest.
Stories this photo appears in:
PETER YOUNG: Time to stand up to the blacklisters
The recent news that The Bahamas has been included in yet another European Union anti-financial crime blacklist will have been depressingly familiar to many. The subject seems like a never-ending saga in which our nation, as an international financial centre (IFC), is under unremitting pressure from the EU and the Organization for Economic Co-operation and Development (OECD) to satisfy their forever changing demands.
Turnquest: COVID-19 may be as bad as Dorian
By EARYEL BOWLEG ebowleg@tribunemedia.net FINANCE Minister Peter Turnquest suggested that the economic loss from the COVID-19 pandemic is likely to be as great or greater than Hurricane Dorian’s impact. While a guest on a ZNS broadcast yesterday,
Govt in 'conundrum' on rental assistance
The government is facing “a real conundrum” in devising an effective rental assistance initiative because it would require the banks to “freeze” landlord loans, the deputy prime minister has admitted. K Peter Turnquest, responding to questions after
Turnquest: Recovery to be slow and anaemic
The Government has not used all the economic stimulus tools available to it, the deputy prime minister revealed last night, having kept some in reserve in case the COVID-19 pandemic is "prolonged".
$4.4bn economic blow: 'Playbook out window'
The coronavirus and Hurricane Dorian are threatening to deal The Bahamas an “unprecedented” $4.4bn blow, with the deputy prime minister revealing yesterday: “The playbook is out the window.” K Peter Turnquest, speaking to Tribune Business after reve
Economy facing $1bn bodyblow, Turnquest tells House
DESPITE a projected total economic fallout of as much as $1bn from the COVID-19 pandemic, the government has announced several relief measures for workers in the tourism industry who will be most affected by the virus’ global impact.
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