Search results for : loan
Halkitis: No laws broken with Saudi loan agreement
Halkitis: No laws broken with Saudi loan agreement
Deputy Prime Minister and Minister of Tourism, Investments and Aviation Chester Cooper broke no laws when he a signed a $70 million loan agreement with the Saudi Fund for Development (SFD) in Saudi Arabia last week, Minister of Economic Affairs Michael Halkitis said yesterday. Halkitis said that Cooper, at times, acts as the minister of finance. "We understand ... ...
The post Halki...
FNM claims Saudi loan agreement signed contrary to law
The Free National Movement (FNM) released a statement yesterday claiming the Progressive Liberal Party (PLP) government broke the law after Deputy Prime Minister and Minister of Tourism, Investments and Aviation Chester Cooper signed a $70 million loan agreement with the Saudi Fund for Development (SFD) on Wednesday while in Saudi Arabia.
Govt gets $70 mil. Saudi loan for Exumas airport facilities
The government of The Bahamas signed a loan agreement with the Saudi Fund for Development (SFD) for $70 million, that will go toward funding airport infrastructure in the Exumas, a press statement released by the fund yesterday explained. Minister of Tourism, Investments and Aviation Chester Cooper, who is currently in Saudi Arabia, signed the loan agreement and also ...
The post Go...
IDB approves $160 million loan to The Bahamas to improve natural disaster risk governance
IDB approves $160 million loan to The Bahamas to improve natural disaster risk governance
NASSAU, BAHAMAS — The Inter-American Development Bank (IDB) has approved a US$160 million loan to The Bahamas for policy reforms to improve its natural disaster risk governance. According to the IDB, the operation seeks to create better governance conditions for implementing public policies for risk identification and reduction, disaster preparedness, recovery, and financial protection...
Govt signs $10 mil. loan facility with Saudi Arabia for tourism development
The Bahamas signed a $10 million loan facility with the Kingdom of Saudi Arabia that will help this country to enhance the economic development of the tourism industry, through the development of the Tourism Development Corporation's (TDC) business incubation centers, the Ministry of Tourism, Investments and Aviation announced in a statement yesterday. The statement explai...
$10 million loan agreement signed with the Kingdom of Saudi Arabia to fund TDC incubation centres
$10 million loan agreement signed with the Kingdom of Saudi Arabia to fund TDC incubation centres
NASSAU, BAHAMAS — The Ministry of Tourism yesterday announced that the Kingdom of Saudi Arabia and the Government of The Bahamas have executed a $10 million loan agreement to fund the Tourism Development Corporation's Business Incubation Centres. The project includes the construction and rehabilitation of two-story facilities on New Providence, Grand Bahama and Exuma including [...]
U.S. Court Strikes Down Student Loan Plan
U.S. Court Strikes Down Student Loan Plan
USA - The U.S Supreme Court has struck down US President Joe Biden's proposal to wipe out billions in student debt.
Saudi Arabia, govt agree on $10 mil. loan facility
Saudi Arabia, govt agree on $10 mil. loan facility
Deputy Prime Minister and Minister of Tourism, Investments and Aviation Chester Cooper yesterday announced that the Kingdom of Saudi Arabia has entered into a $10 million loan facility agreement with the government to fund the Tourism Development Corporation's business incubation centers.
Kingdom of Saudi Arabia provides $10 million loan to boost TDC business incubation centers
Kingdom of Saudi Arabia provides $10 million loan to boost TDC business incubation centers
NASSAU, BAHAMAS — The government has agreed to a $10 million loan facility from the Kingdom of Saudi Arabia to fund the Tourism Development Corporation's Business Incubation Centres Deputy Prime Minister Chester Cooper revealed yesterday. Cooper during his budget communication in Parliament said: "I am pleased to announce that the Kingdom of Saudi Arabia and [...]
Thompson say that Davis administration's budget doesn't account for $110m BPL loan
KWASI Thompson, former State Minister for Finance, said the Davis administration presented an incomplete budget that does not include all estimates as required by law.