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Debate Begins on the Central Bank Bill
April 24, 2023
Debate Begins on the Central Bank Bill
NASSAU, BAHAMAS - Debate on the Central Bank Bill is underway in the House of Assembly on Monday; leading off debate was Prime Minister Philip Davis.
April 18, 2023
A SEVERE THUNDERSTORM WARNING IS IN EFFECT FOR NORTH AND CENTRAL ABACO AND NEW PROVIDENCE AND ADJACENT WATERS. A SEVERE THUNDERSTORM WATCH IS IN EFFECT FOR SOUTH ABACO AND NORTH ELEUTHERA
AT 7:15PM, LIGHTNING DETECTION, RADAR AND SATELLITE IMAGERY DEPICTED A LINE OF SHOWERS WITH EMBEDDED THUNDERSTORMS STRETCHING FROM JUST NORTH OF NORTH ELEUTHERA TO JUST NORTH OF NEW PROVIDENCE TO ACROSS CENTRAL ANDROS AND TO CENTRAL CUBA.
April 14, 2023
Central Bank scraps new HQ project at Victoria Gardens
NASSAU, BAHAMAS — The Central Bank has announced that it has canceled its new headquarters project at Victoria Gardens and will explore alternative accommodations to meet its long-term accommodation needs. The regulator said yesterday that it has started the process to transfer ownership of the property back to the Government, so that alternative use can [...]
Central Bank cancels project for new headquarters
April 14, 2023
Central Bank cancels project for new headquarters
The Central Bank of The Bahamas (CBOB) yesterday announced that it has begun the process of transferring ownership of property it acquired to build its new headquarters back to the government, as it seeks alternative means for its accommodation needs.
March 22, 2023
Bank-financed private construction activity remains constrained, states Central Bank
Although bank approvals for new construction homes increased in the fourth quarter of 2022, the growth was still lower than the previous year, according to Central Bank data.
Inflation rose 5.6% in 2022, reveals Central Bank
March 01, 2023
Inflation rose 5.6% in 2022, reveals Central Bank
On average, consumer prices rose 5.6 percent in 2022, up from the 2.9 percent seen the previous year, according to the most recent data released by The Central Bank of The Bahamas (CBOB).
February 28, 2023
Sweeting: We Are Focusing on Central and South Eleuthera
NASSAU, BAHAMAS - Agriculture Minister Clay Sweeting clarifies the water disruption that happened last week in Tarpum Bay, Eleuthera.
February 28, 2023
Central Bank reports $30 million January decline in external reserves
NASSAU, BAHAMAS- The country's external reserves declined by $30 million in January according to the Central Bank, with outflows increasing by just over 21 percent. The regulator in its monthly economic and financial developments report for January noted that during the review month external reserves reduced by $30 million to $2,564.7 million, although this was [...]
February 24, 2023
Central Bank Act change will 'clean up' govt's use of SDR
Minister of Economic Affairs Michael Halkitis explained yesterday that the Central Bank of The Bahamas could not "technically" remit $232 million of the International Monetary Fund (IMF) Special Drawing Rights (SDR) to government because the Central Bank Act prohibited it, leading the government to issue an amendment to the act to "clean up" the transaction and make ...
The post Central ...
Central Bank Releases $50 Coin
February 08, 2023
Central Bank Releases $50 Coin
NASSAU, BAHAMAS - To commemorate the 50th Independence Anniversary, the Central Bank has released one of two of their limited edition coins.
The post Central Bank Releases $50 Coin appeared first on Our News.
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