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Economist backs spending cuts to end ‘major wastage’

A University of the Bahamas economist yesterday backed government spending cuts on the grounds there has been “a great deal of wastage”. Rupert Pinder, addressing a Rotary Club of West Nassau luncheon, said: “We cannot overemphasise the importance of economic growth. You can cut spending until the cows come home, but what is really going to put this economy on a strong footing is growth. I am a proponent for cuts in public spending because I think there has been a great deal of wastage.

SANDALS LAUNCHES ITS OWN UNIVERSITY

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Sandals Resorts International will today launch its fully-accredited international university, with each of its hotel properties serving as a learning institute. Adam Stewart, the r

10% APD GUARANTEE BRANDED 'FAIR RETURN'

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Arawak Port Development Company's (APD) guaranteed 10 per cent internal rate of return (IRR) could ultimately mean lower costs for consumers if shipping volumes pick up as a res

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