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PM seeks to cut debt to 50% of GDP this term
PRIME Minister Philip “Brave” Davis says his goal is to reduce the country’s debt to gross domestic product ratio from 82 percent to at least 50 percent by the end of this term.
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‘Sooner the better’ for end to mask mandate
A top hotelier yesterday asserted that the Government will “secure tourism’s continued upward momentum” if it eliminates the remaining COVID travel restrictions, adding: “The sooner we do it the better off we will be.”
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No overnight flight crews in Freeport for 7-8 years
A Grand Bahama hotelier yesterday exposed the depths of the island’s tourism decline by revealing that no regular commercial airline flight crew has stayed overnight at his resort for around seven to eight years.
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You could save a life - be on watch for suicide risk
AFTER two suspected suicides in two days, health officials are calling for the public to be on the look out for the signs of suicidal behaviour in an effort to prevent future incidents.
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PM: NOT THE TIME FOR REPUBLIC DEBATE – Discussion can be had after official mourning period ends
PRIME Minister Phillip “Brave” Davis said he does not believe now is the time to start having conversations about the country’s future with the monarchy following Queen Elizabeth II’s death, adding that discussions over the issue can be had after the official mourning period ends.
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Shark encounters ‘our safest dive’
A prominent Bahamian dive operator yesterday predicted Tuesday’s fatality will not have a long-lasting impact on tourism, adding that over four decades shark encounters have proven to be his company’s “safest dive”
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Govt: Domes had to be demolished
THE OFFICE of the Prime Minister has vigorously defended the demolition of domes on Abaco in the wake of criticisms over the move, stressing the operation was necessary due to serious mismanagement of the housing structures and the “squalid” and unsafe state of the dome site.
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Key City Markets pension asset faces decade tie-up
A trustee for City Markets employee pension fund yesterday warned that the dispute over its main asset “must be resolved out-of-court” otherwise it will be tied up in litigation for another decade or more.
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‘TAKE ACTION ON SHARK ATTACKS’: FNM chairman calls for more safety measures
FREE National Movement chairman Dr Duane Sands has called on government to implement certain safety protocols for tourism water operators in the aftermath of a fatal shark attack earlier this week.
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WORLD VIEW: OAS plays significant role for democracy in elections
THERE are intermittent squabbles in the Permanent Council of the Organization of American States (OAS), concerning the controversial general elections of October 20, 2019, in Bolivia.
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Gov’t: Inflation did not drive VAT revenue rise
Record inflation generated less than $10m of the VAT revenue increase in the first six months after the rate cut, the Ministry of Finance asserted last night, with the 2021-2022 deficit slashed by 48.4 percent year-over-year.
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FRONT PORCH: Passing of Queen Elizabeth II – Continuity and change
WHEN Elizabeth II ascended the British throne in 1952, Joseph Stalin was Premier of the Soviet Union. When she passed away a week ago, there was no longer a Soviet Union and Vladimir Putin was President of Russia.
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‘IT’S LIKE DORIAN ALL OVER AGAIN’: Residents distressed over ‘short notice’ of dome demolition
ABACO residents expressed distress over the sudden and “short notice” demolition of the domes that had been home to them and their families for more than two years.
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Road Traffic change ignites political battle
The Government and Opposition yesterday traded blows over assertions that a Cabinet minister’s brother has been replaced as acting Road Traffic controller due to the ongoing controversy over too many taxi plates being issued.
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Gov’t told: ‘Come clean’ on Grand Lucayan sale
A former Grand Lucayan chairman has urged the Davis administration to “come clean” with the Bahamian people over its efforts to sell the resort after it last week granted a third extension to the buyer’s due diligence time.
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Minister and ex-PM voice concern on $63m project
A sitting Cabinet minister and former prime minister have both voiced concerns surrounding “problems, problems, problems” with the proposed $63m Adelaide Pines project in which Albany’s developer is a minority shareholder.
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PM ‘not telling full story’ on BPL subsidy millions
The Opposition’s leader yesterday accused the Prime Minister of “not telling the full story” after the latter confirmed the Government is “spending millions each month” to minimise electricity costs for households and businesses.
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‘Endless battle with criminals’ of the sea
Bahamian fishermen are facing “an endless battle with criminals” poaching and stealing with impunity amid fears crawfish prices have plunged by up to 50 percent compared to 2021’s “amazing” highs.
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IT’S NOT OUR FAULT, MR WATSON: Food retailers hit back after press secretary blames them for prices
Food retailers yesterday hit back over assertions that some merchants have not passed the Budget’s tariff cuts on to consumers via reduced prices, adding: “You can’t point the finger of blame at us.”
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HUBERT EDWARDS: Governance of SOEs critical to ‘end game’
I have consistently argued that Bahamian policymakers must move urgently to implement structural reforms so as to influence the country’s economic fortunes.