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Artist rendering of the winning design for what was supposed to be the future building for the Central Bank of The Bahamas.

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Central Bank's $9m HQ hit 'wasteful and absurd'

The Opposition's finance spokesman yesterday slammed the decision to cancel the Central Bank's new headquarters project as "absurd", arguing it was "an ideal project" for providing a post-COVID economic boost.

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New Central Bank building cancelled as it would be ‘a bad look’

ECONOMIC Affairs Minister Michael Halkitis said the Davis administration cancelled the new multi-million dollar Central Bank headquarters because building it would not look good following the COVID-19 pandemic — an explanation former Prime Minister Dr Hubert Minnis called “flimsy”.

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