Search results for : Central
October 31, 2023
Central Bank Governor: Economy Undergoing Healthy Recovery
NASSAU, BAHAMAS - The third quarter of 2023 showing a healthy recovery of the Bahamian economy. The data according to Central Bank Governor, John Rolle.
November 01, 2023
Savings bond iniative still to be launched by year's end says Central Bank Governor
NASSAU, BAHAMAS — The Central Bank said that it still expects to launch a savings bond scheme by the end of the year. This initiative aims to cultivate a stronger culture of savings among Bahamians. Governor John Rolle, speaking at a press conference on the Monthly Economic and Financial Developments report, stated: "Regarding the savings [...]
October 31, 2023
Central Bank Governor projects economic growth in three to four percent range
NASSAU, BAHAMAS — The Bahamian economy is still expected to grow at an above-average pace this year in the three to four percent range, according to Central Bank Governor John Rolle, who noted that there are downside risks that justify caution regarding this nation's economic outlook. Governor Rolle, while speaking at a press briefing to [...]
October 24, 2023
PM: Human Rights and Defending Democracy Are Central Commitments
NASSAU, BAHAMAS - Prime Minister Philip Davis insisting his administration is on a mission to "Realize human rights and defending democracy". Davis made the comments as he was addressing the opening ceremony of Diplomatic Week.
Grand Bahama Needs Central Government Leadership
October 15, 2023
Grand Bahama Needs Central Government Leadership
NASSAU, BAHAMAS - FNM Party Leader Michael Pintard refusing to discuss the upcoming by-election until after the burial of former West Grand Bahama and Bimini MP Obie Wilchcombe.
October 13, 2023
Central Bank to engage with commercial banks to boost Sand Dollar adoption
NASSAU, BAHAMAS- The Central Bank plans to collaborate with local commercial banks as part of its 2024 engagement strategy and leverage their existing customer base to boost the adoption of the Sand Dollar in the country executives said yesterday. They also noted that in the past several, there have been discussions with the government on [...]
October 08, 2023
Central and South Abaco MP: Marine Navigation Aides Need to be Enhanced
NASSAU, BAHAMAS - In the wake of the tragic accident, Central and South Abaco Member of Parliament John Pinder says there's a need for better navigational aides around the island to prevent incidents like these.
UPDATED: Minister says Central Eleuthera High School student who died was never tested for Dengue fever
October 03, 2023
UPDATED: Minister says Central Eleuthera High School student who died was never tested for Dengue fever
TUESDAY MORNING UPDATE: Health Minister Dr Michael Darville said the Central Eleuthera High School student who died on Sunday was never tested for Dengue fever and was not prescribed Motrin, contradicting the mother's claims.
Central Bank: Tourism arrivals up 46.9%
October 04, 2023
Central Bank: Tourism arrivals up 46.9%
Total visitor arrivals year-to-date have increased by 46.9 percent compared to 2022 numbers, with sea arrivals dominating visitor numbers, according to the Central Bank of The Bahamas' (CBOB) latest Monthly Economic and Financial Developments (MEFD) for August 2023. In August, the Bahamian economy continued on its growth momentum as "the recovery from the COVID-19 pandemic neared ...
The post Cent...
Central Bank projects Bahamian economy to sustain growth momentum for remainder of the year
October 04, 2023
Central Bank projects Bahamian economy to sustain growth momentum for remainder of the year
NASSAU, BAHAMAS — The Central Bank is projecting that the Bahamian economy will sustain its growth momentum throughout 2023, largely bolstered by substantial increases in tourism output. Nevertheless, it is foreseen that the expansion rate will decelerate as various indicators gradually revert to their pre-pandemic levels. The Central Bank's projections were outlined in its August [......
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