More than $1bn borrowed in a year
WHILE the FNM has been criticised for allegedly spending too much money, they yesterday hit out at the PLP government for borrowing in excess of $1 billion since they took office more than one year ago.
Halkitis aims for 50% debt by 2016/17
ALTHOUGH the country is “moving in the direction where we are borrowing less,” the government is planning on borrowing $465 million this fiscal year, according to Minister of State for Finance Michael Halkitis.
2013/2014 budget communication
Excerpts from the 2013/2014 budget communication, delivered by Prime Minister Perry Christie in the House of Assembly yesterday.
Budget allocates $2m for new police vehicles
THE Royal Bahamas Police Force is set to receive $2 million in new vehicles according to Prime Minister Perry Christie.
Excise duties on vehicles to be based on value, not engine size
EXCISE duties on vehicles will be based on value rather than engine size as part a wave of new measures aimed at regenerating the Bahamian economy.
Neymour: Blame for pipe leaks shows desperation of PLP
FORMER Minister of State for the Environment Phenton Neymour said attempts by Deputy Prime Minister Philip Davis to blame the former government for leaks found in Water and Sewerage Corporation service lines show how “desperate” the PLP has become.
Rolle defends NEMA response to flooding
POINTING to the unpredictability of weather systems, Pinewood MP Khaalis Rolle defended the National Emergency Management Agency’s response to last week’s flooding in the capital.
Minnis disappointed with PM's lack of leadership
FOLLOWING last week’s “devastating” storm that saw overwhelming flooding in parts of New Providence, opposition leader Dr Hubert Minnis said he is disappointed the Prime Minister has not “taken a leadership role” in speaking out about the storm.
‘Come clean’ over problems with diplomatic appointments
ST ANNE’S MP Hubert Chipman said the government must “come clean” and explain to the public why exactly some of the country’s diplomatic appointments to the United States have not yet been confirmed.
Govt said to be in talks on money repatriation
THE government is reportedly in talks with banks regarding the manner and the amount of money that is repatriated from the Bahamas, according to well-placed sources.
Minnis: Unite to fight crime
FOLLOWING a crime-filled holiday weekend that brought the murder count to 44 in five months, opposition leader Hubert Minnis is calling on the government to form a non-partisan committee dedicated to fighting the country’s persistent crime level.
Bill could top $1m - more than five times the cost of full audit
FNM chairman Darron Cash believes the controversial forensic audit into allegations of misconduct at NIB will cost more than $1m when legal fees and other items are factored in.
ROBERTS: audit exposed another FNM mess
PLP CHAIRMAN Bradley Roberts said yesterday that the NIB Forensic Audit exposed another “FNM mess” the PLP is now forced to has to clean up.
'Why no closer to an answer?'
FNM chairman Darron Cash has questioned why NIB is no closer to determining whether Mr Cargill should be re-instated or terminated from his post.
