The Bahamas is under no obligation to adhere to the recommendations of the International Monetary Fund (IMF) and should rely more on its own capabilities as it navigates the issues impacting the economy, a leading economist has asserted.

Given that The Bahamas has managed to avoid entering into an IMF supported program – even at its most troubled position economically – and still achieve growth is indicative of the country’s strength, former Central Bank Governor and former Minister of State for Finance James Smith said.

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