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290m spent to respond to COVID
290m spent to respond to COVID
PRIME Minister Dr Hubert Minnis said the government has spent about $290m in direct spending to respond to challenges people and businesses have faced during the COVID-19 pandemic, a figure that amounts to 2.5 percent of the country's GDP.
75 college graduates to be hired in public sector
75 college graduates to be hired in public sector
PRIME Minister Dr Hubert Minnis said $1.5m has been budgeted for the next fiscal year to hire up to 75 new college graduates aged between 18 and 30 in the public sector.
PM: Small businesses eligible for duty free concessions
Prime Minister Dr. Hubert Minnis announced today that Bahamian small business owners will be able to apply for and obtain duty free concessions on all the items needed to start or expand their business.
2021/2022 BUDGET: PM announces employment incentive programme
PRIME Minister Dr Hubert Minnis has announced the upcoming launch of an employment incentive programme that will allow businesses to apply for a VAT tax credit to cover the salaries of up to ten new employees brought onto their payroll as of July 1.
Bowe: Unions, govt have to do better job at analyzing financial positions
Gowon Bowe.Both unions and the government have to do a better job at analyzing their financial positions when it comes to their negotiations and how annual budgets will factor in their wage and benefit requests, former President of the Bahamas Institute of Chartered Accountants (BICA) Gowon [...]
Picewell Forbes deserved better
Picewell Forbes deserved better
I am saddened by the seemingly shoddy manner in which the Mangrove Cay, Central and South Andros MP Picewell Forbes has been treated by the Progressive Liberal Party (PLP) top brass.
Like Mr. Forbes, I was under the impression that his renomination for his South Andros constituency would’ve been automatic, as was assured in 2020, amid rumors that Monique Pindling, daughter of Sir Lynden Pindl...
MINISTER: ‘Expect COVID-19 to weigh heavily on revenue and expenditure estimates’
As the Government prepares for the presentation of the upcoming Budget Communication, the Ministry of Finance advises the public to follow its social media pages and subscribe to its mailing list to receive the latest information about the 2020/21 Annual Budget...
Nygard probe 'Will follow the rules'
Nygard probe 'Will follow the rules'
NATIONAL Security Minister Marvin Dames said he is not concerned that the Royal Bahamas Police Force's investigation into allegations of sexual misconduct by Peter Nygard...
2020 Fiscal Strategy Report Press Briefing Remarks by Sen. Kwasi Thompson, Minister of State for Finance -Monday December 21, 2020
Last week, the Government tabled the 2020 Fiscal Strategy Report (2020 FSR) in the House of Assembly. Our press conference today is an opportunity to create a deeper understanding of the Government’s plan...
Minister of State for Finance Breaks Down the Government’s Comprehensive COVID-19 Response
Minister of State for Finance Breaks Down the Government’s Comprehensive COVID-19 Response
Minister of State in the Ministry of Finance Sen. the Hon. J. Kwasi Thompson explained that the COVID-19 pandemic wiped out the savings of many Bahamians who had big dreams for their families and businesses that are now on hold...