Pintard says PM misled on budget taxes claim
FREE National Movement Leader Michael Pintard accused Prime Minister Philip “Brave” Davis of misleading Parliament, saying bills tabled last week show that the government is raising taxes.
Minister says PM will address NIB concerns next week
PRIME Minister Philip “Brave” Davis will address concerns relating to the National Insurance Board (NIB) next Wednesday, Economic Affairs Minister Michael Halkitis said on Thursday.
Pintard says budget fails to address significant issues, including NIB
FREE National Movement (FNM) leader Michael Pintard said the budget Prime Minister Philip “Brave” Davis discussed yesterday failed to live up to the hype.
PM says $22m allocated to invest in and expand renewable energy in Bahamas
PRIME Minister Philip “Brave” Davis outlined his administration’s efforts to expand the use of renewable energy.
Funds for a women’s shelter for domestic violence victims will be allocated in new budget, PM says
THE government will build a shelter for women to strengthen support for domestic violence victims, according to Prime Minister Phillip “Brave” Davis.
Davis announces organ transplant and food assistance programmes during budget debate
A National Organs Transplant programme and new food assistance programmes for students and adults will be funded in the upcoming fiscal year, Prime Minister Philip “Brave” Davis announced yesterday.
Davis says it’s time for ‘decisive action’ on GBPA and the Hawksbill Creek Agreement
PRIME Minister Phillip “Brave” Davis said his administration would take decisive action on the Grand Bahama Port Authority, declaring that the Hawksbill Creek Agreement, once key to Grand Bahama’s prosperity, no longer works.
Despite no new taxes, several new and adjusted fees announced
ALTHOUGH no new taxes will be introduced in the upcoming fiscal year, the Davis administration tabled bills in the House of Assembly yesterday that would increase fees for some services.
Constituency capital grants for MPs increases to $150k in new budget
ANNUAL constituency capital grants will increase by $50k per constituency in the government’s next fiscal year, totalling $150k.
PM reveals 2023 budget with no new taxes, pledges to improve collections
PRIME Minister Philip “Brave” Davis said the government is arresting the national debt and reducing the deficit, unveiling a budget yesterday that aims to improve the country’s fiscal performance through better tax collection rather than introducing new taxes.
The Budget Communication – as it happened
Prime Minister Davis says the Budget aims to strengthen national security, economic security and the lives of people of The Bahamas. He says the global economy is showing signs of improvement although there is still much work to be done to recover from recent challenges. He adds that average consumer prices rose in the US by eight percent, while policy rate of interest has been raised ten times, driven primarily by rising inflation. He highlights the effects on The Bahamas in terms of higher borrowing costs.
GOVT SILENT ON NIB INCREASE IN BUDGET – Sands: Administration ‘is dodging the issue’ over state of fund
PRIME Minister Philip “Brave” Davis is expected to discuss fiscal stability measures when he delivers his budget communication today – but officials have been mum on whether he will announce an increase in National Insurance Board contribution rates.
Pintard calls for greater urgency in revamping Downtown
FREE National Movement Leader Michael Pintard said the government needs to show greater urgency in revamping Downtown.
Halkitis: Not considering fuel retailers margin fix
ECONOMIC Affairs Minister Michael Halkitis confirmed yesterday that the Davis administration is not considering adjusting price margins in favour of petroleum retailers despite some refusing to sell diesel amid complaints about high operating costs.
Campbell decries banks’ poor ATM service especially for Family Islanders
LEGAL Affairs State Minister Jomo Campbell said many banks are offering “shamefully inadequate” services in the country, especially in the Family Islands.
