Finance

June 07, 2018

The government’s overriding immediate priority must be to bring the public finances to a responsible and sustainable state by: paying off and getting behind it the mountain of arrears and unpaid bills that it has discovered since coming to office, said Deputy Prime Minister and Minister of Finance the Hon. K. Peter Turnquest.

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Government taking deliberate steps to cushion impact of fiscal measures on the poorest households

June 07, 2018

Deputy Prime Minister and Minister of Finance, the Hon. K. Peter Turnquest said in light of the fiscal measures, which call for a shared sacrifice from all, the government is taking deliberate steps to cushion the impact on the poorest households.

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June 06, 2018

Any potential sale of the government-owned and operated Nassau Flight Services Limited (NSF) will be open to Bahamian investors only, Minister of Tourism and Aviation the Hon. Dionisio D’Aguilar said.

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Draft Estimates of Revenue and Expenditure 2018-19

May 31, 2018

Attached please find the Draft Estimates of Revenue and Expenditure 2018/2019. This is to supplement the budget communication from this afternoon.

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Minister of Finance Presents "Landmark Budget" in the House of Assembly

May 30, 2018

Deputy Prime Minister and Minister of Finance the Hon. K. Peter Turnquest presented the 2018/2019 Budget Communication in the House of Assembly this morning, centred upon 'Implementing the Government's Policy Agenda and Securing Core Fiscal Objectives.'

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Industry Leaders Tapped for Bahamas Cryptocurrency Conference

May 30, 2018

The government of The Bahamas has tapped leading industry names to provide a wealth of knowledge and insight at The Bahamas Blockchain & Cryptocurrency conference.

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2018/19 Budget Communication

May 30, 2018

"Most substantially Mr. Speaker, the Government is proposing an increase in the rate of Value Added Tax from the current 7.5 percent to 12 percent effective July 1st."

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Scotiabank Donates To The Disabled

May 30, 2018

The Training Centre for the Disabled received a donation from Scotiabank to assist with student needs, following a robbery at the Centre.

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May 28, 2018

“Words like accountability and transparency must be more than just political buzz words. We must back that up,” said Deputy Prime Minister and Minister of Finance, the Hon. Peter Turnquest, at ‘IIA Week-Bahamas Chapter’ (Institute of Internal Auditors) luncheon held at Luciano’s of Chicago, May 25, 2018.

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Bahamas First Holdings Limited Announces New Board Chair

May 28, 2018

Ian Fair Retires After 19 Years

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The Bahamas is officially off the EU List

May 25, 2018

The Bahamas was removed from the European Union’s (EU) list of Non-Cooperative Jurisdictions for Tax Purposes following a positive technical recommendation from the EU Code of Conduct Group (CoCG), which was formally adopted by the Council of European Union Finance Ministers (ECOFIN) this morning.

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Government unveils plans for Cryptocurrency Conference on GB

May 25, 2018

The age of the internet has given rise to increased access to information, shifting the way that we all interact. Technology has, and continues to connect us in ways previously unseen; and in doing so, has paved the way for even more advanced methods of conducting business, managing resources and plotting global economic development.

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CIBC FirstCaribbean MD Applauds Instrumental Move by TSL

May 23, 2018

At the launch of Tug Services Limited (TSL)’s two new tugs, CIBC FirstCaribbean’s Managing Director (Bahamas & TCI) applauded the company for making an “instrumental” move to help build the Bahamian economy.

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May 23, 2018

A generous donation of $150,000 to sponsor 15-20 students per annum for three years, was announced at BTVI’s recent graduation. It is the single largest private donation in the institution’s history via the establishment of the Vincent D’Aguilar Memorial Scholarship.

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Bahamas First Announces RUSH Scholarship with BTVI

May 18, 2018

Insurance and community leader Bahamas First is continuing its legacy of
pioneering opportunities for Bahamians by establishing the Bahamas First RUSH Scholarship at Bahamas Technical and Vocational Institute (BTVI). The company will offer two full scholarships, inclusive of tuition and fees, to one candidate seeking to study Auto Collision Repair (4 semesters) and to another to study Auto Mechanics (5 semesters). The application deadline for both scholarships is Saturday, June 30th.

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PwC advisory team facilitates Bahamas forensics workshop for public bodies

May 10, 2018

PwC Bahamas in collaboration with the Office of the Attorney General (OAG) brought together several top leaders of its regional and global Advisory units to facilitate the first ever Bahamas forensics training workshop...

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SureTrader CEO Predicts Another Major Sell-off, This Time in the Stock Market
SureTrader CEO Predicts Another Major Sell-off, This Time in the Stock Market

May 03, 2018

Guy Gentile, CEO of SureTrader, who called the top on Bitcoin back in December 2017, is now betting almost $20 million on a major market sell-off...

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Signed and sealed - Freeport jobs boost
Signed and sealed - Freeport jobs boost

May 03, 2018

The Government's mission to establish a Grand Bahama "technology hub" yesterday received a major boost from an investor pledging an annual $50m economic impact by 2020.

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Central Bank of the Bahamas launches Financial Literacy Campaign
Central Bank of the Bahamas launches Financial Literacy Campaign

May 02, 2018

The Central Bank of The Bahamas (The Central Bank) has noted that many Bahamian individuals and families continue to face increased difficulties in meeting their everyday financial responsibilities.
In addition, data from a recent survey reveals that too many Bahamians have an insufficient understanding of how to best manage their finances...

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