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Gov’t hit over VAT assistance delays
The Government should “naturally expect the criticism” over its failure to introduce a key social support initiative in time to protect “persons on the margins” from a broad-based VAT, a banker argued yesterday.
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Egg-static: Price hikes phased in
Super Value’s principal yesterday gave struggling consumers some relief by revealing there will be no “sudden” rise in egg prices as the projected 60 percent increase will instead be phased-in between now and Christmas.
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Food cost ‘plateau’ looms despite 60% egg increase
Super Value’s president yesterday voiced optimism that food price inflation could start to “plateau” by end-September despite warning Bahamians that egg prices could suffer an imminent 60 percent increase.
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Revisit National Lottery, ex-DNA leader demands
A former Democratic National Alliance (DNA) leader is urging the Government to revisit the creation of a National Lottery as a means to assist vulnerable Bahamians struggling with the cost of living crisis.
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Bowe cautious over ‘political posturing’ on inflation
A TOP financial expert has called for caution in political posturing over ways to ease the burden of inflation, explaining it is easy to “simply throw mud at a wall hoping something will stick”.
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Pintard: PM can do more to help with inflation
THE Free National Movement says Prime Minister Philip “Brave” Davis can do much more to help Bahamians deal with inflation.
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EDITORIAL: Get ready to pay extra in fees
THE devil’s in the detail, so they say.
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Davis: We’ll make the necessary decisions
THE Davis administration will make the decisions it considers necessary, this nation’s leader insisted yesterday, as he dismissed former Prime Minister Hubert Ingraham’s assertions about how the government has conducted business since taking office last year.
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EDITORIAL: Ingraham stirs up the political plot
DESPITE his absence from the front-line for many years, there is no one who can quite stir up the political scene quite like former Prime Minister Hubert Ingraham. Like him or not, he gets people talking.
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Mitchell: PLP not just public relations
PROGRESSIVE Liberal Party Chairman Fred Mitchell says the Davis administration has done much more than public relations in nearly one year, adding there were “big deal” decisions made since the party took office.
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Ingraham: PLP avoids tough decisions
FORMER prime minister Hubert Ingraham has described the Davis administration as being reluctant to make decisions on controversial issues since being elected, adding that “not long from now” the government will be held accountable for its actions or perceived inaction.
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Opposition leader warns of taxes, inflation ‘double whammy’
THE Leader of the Opposition has criticized government on its late fiscal snapshot report and warned of a “double whammy” of high taxes and higher priced goods.
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‘Inflation - need to get real on what can be done’
A TOP financial expert believes a candid conversation needs to be had between the government and Bahamians about the country’s finances, noting there appears to be an unrealistic expectation of what the state can do about inflation.
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FNM warning: We need action - now
THE Free National Movement yesterday expressed concern about the Bahamian economy and the management of the country’s fiscal affairs.
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Pintard criticises ‘disconnected’ govt
FREE National Movement Leader Michael Pintard was critical yesterday of the government’s response to several social and economic issues plaguing the country.
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Super Value transport budget up 47% as gas prices strike
Super Value’s principal yesterday said shoppers have “cut back drastically” on luxury items to make every dollar count, while revealing the supermarket chain’s own transportation budget has soared 47 percent.
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Bahamians take ‘partial’ medicine on VAT return
THE Democratic National Alliance’s (DNA) former leader says Bahamians have increasingly been obtaining “partial” as opposed to full prescriptions after VAT was reimposed on medicines with effect from January 1.
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EDITORIAL: Tax for bread but not for yachts?
THIS one is going to be a little hard to justify for the administration.
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PETER YOUNG: Like a cat with nine lives Boris survives again – but the road ahead looks bumpy
AFTER all the superlatives about The Queen’s Platinum Jubilee last week and the lifting of people’s spirits throughout the country, the politicians and the trade unionists in Britain have managed to bring the nation back to earth with a bump.
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Gov’t hails 69% VAT rise: Rate cut works
The Government is hailing its VAT rate cut for producing a 62.8 percent year-over-year increase in revenues to $299m for the three month period that closed at end-March 2022.