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Halkitis: IMF report the best on Bahamas in years

According to Minister of Economic Affairs Michael Halkitis, the International Monetary Fund’s (IMF) most recent “Concluding Statement of the 2023 Article IV Mission” for The Bahamas was the best concluding

Opposition questions govt s fiscal position following IMF assessment  | Business

East Grand Bahama Member of Parliament Kwasi Thompson, the opposition’s shadow minister of finance, yesterday criticized the opaqueness of the Davis administration’s fiscal position, as he questioned if the outcome

Halkitis on ICB advisory: It is about information gathering, not a directive

Minister of Economic Affairs Michael Halkitis said yesterday that the intent behind an Insurance Commission of The Bahamas advisory was to gather information, as the government considers whether to take the advice of the International Monetary Fund (IMF) regarding a minimum holding of government securities. The advisory, which was published on May 19, stated that

Opposition raises alarm over announced $1 billion facility

The Free National Movement (FNM) is raising alarm over what it called the “flippant manner” in which the Davis administration has “haphazardly” announced multimillion-dollar projects and a billion-dollar facility. East Grand Bahama Member of Parliament Kwasi Thompson said Prime Minister Philip Davis’ announcement last week that the government intended to draw down $400 million from

Thompson blasts govt on high consumer prices - The Nassau Guardian

Chiding that the recently expired price control measures were nothing but a public relations gimmick, East Grand Bahama Member of Parliament Kwasi Thompson, who is the opposition shadow minister of finance, said the Free National Movement (FNM) remains distressed that more than a year into historically high inflation, the Davis administration has yet to put

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