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Central Bank advancing financial crisis playbook

Central Bank advancing financial crisis playbook
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How the Bahamas possible tax hikes will impact cruise passengers

Davis administration denies Minnis charge UB tax exemptions are being reduced

THE Davis administration has denied Dr Hubert Minnis’ claim it is reducing the taxes the University of The Bahamas is exempt from paying.

Central Bank Act change will clean up govt s use of SDR

Minister of Economic Affairs Michael Halkitis explained yesterday that the Central Bank of The Bahamas could not “technically” remit $232 million of the International Monetary Fund (IMF) Special Drawing Rights (SDR) to government because the Central Bank Act prohibited it, leading the government to issue an amendment to the act to “clean up” the transaction and make

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