There is a lot of interaction between The Central Bank of The Bahamas (CBOB) and the Ministry of Finance on the government’s borrowing strategy to help mitigate the economic downfall caused by the COVID-19 pandemic, CBOB Governor John Rolle said yesterday.

When the prime minister closed the economy following the first case of COVID-19 in March, Deputy Prime Minister and Minister of Finance Peter Turnquest said the government had no intention of seeking additional financing to float the country through the economic crisis associated with the pandemic.

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