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After listening to Finance Minister Colm Imbert’s 2023 budget presentation last September, I felt a certain disquiet that I have not been able to deal with satisfactorily. Something did not feel rig ....
On average, consumer prices rose 5.6 percent in 2022, up from the 2.9 percent seen the previous year, according to the most recent data released by The Central Bank of The Bahamas (CBOB). The most expensive category of consumables for Bahamians in 2022 was food and non-alcoholic beverages, which saw a yearly average increase of ....
The government has increased the allocation to social assistance benefits this fiscal year by $4.1 million. The revised figure is part of the government’s revised figures in its 2022/2023 Supplementary Budget of Draft Estimates of Revenue and Expenditure. In total, social assistance benefits increased from $29.9 million to $34 million. Under the total, foster care ....
The government decreased the allocation for wages and salaries in the 2022/2023 fiscal year by $19.8 million. The revised figure is included in the 2022/2023 Supplementary Budget and Draft Estimates of Revenue and Expenditure, which was tabled by Prime Minister Philip Davis in the House of Assembly on Wednesday. The government approved $732.7 million in ....