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$5bn investment approvals target
The Government is aiming to approve $5bn in investments by year-end, the deputy prime minister said yesterday, with half that sum having already been given the go-ahead.
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Opposition: ‘Shore up’ investors’ confidence
The Bahamas is “not doing anything to shore up” the confidence of investors who are “rightly concerned” about the country’s economic and fiscal prospects, the Opposition’s finance spokesman asserted yesterday.
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Capital backs Bahamas: ‘Get past’ 7.2m record
The Bahamas was yesterday urged to quickly “get past” pre-COVID’s record 7.2m visitor arrivals after this nation ranked among the top Caribbean destinations which tourism investment capital is most bullish on.
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IDB’s taxpayer boost for $385m Gov’t bond issue
The Bahamas will this week seek to limit the debt servicing burden for taxpayers via an Inter-American Development Bank (IDB) guarantee that will underwrite most of its $385m foreign currency bond issue.
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Aviation relief as ‘really ugly’ outcome averted
Bahamas Customs has apologised for its now-aborted efforts to introduce a new border control system for private aviation that could have produced “a really ugly” outcome if implemented.
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Cut $11.8bn debt ‘absolutely’ amid growing distress fears
The Bahamas must slash its $11.843bn national debt in “absolute” terms, a top banker urged yesterday, after this nation was named among ten countries whose bonds are now trading at “distressed” levels.
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