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Govt to probe underperformance of VAT collection on real estate transactions

The government intends to take a deep dive into the $175 million underperformance of value-added tax (VAT) on real estate transactions over $1 million, given that while the country’s balance ....

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PM Davis touts his Government's work in putting The Bahamas' 'fiscal house' in order

PM Davis touts his Government's work in putting The Bahamas' 'fiscal house' in order
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$70 million in borrowing

The government intends to borrow just over $70 million to offset the budget shortfalls for the remainder of this fiscal year and the next, according to Prime Minister and Minister ....

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