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International Monetary Fund

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IMF: Energy reform may give 0.5% GDP boost

THE Davis administration’s proposed energy sector reforms could boost GDP growth by 0.5 percentage points by 2035 if successfully implemented, while also cutting emissions and lowering electricity costs for low-income households, according to a new International Monetary Fund report.

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IMF: Property and rental rates outpaced wages growth

Property prices and rental rates outpaced growth in Bahamian wages seven-fold during the decade to 2022 to deepen the housing affordability crisis, the International Monetary Fund (IMF) has revealed.

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