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February 23, 2024
Prime Minister Davis joins in Fox Hill community meeting and walkabout
Prime Minister and Minister of Finance the Hon. Philip Davis and Minister of National Security the Hon. Wayne Munroe joined Minister of Foreign Affairs the Hon. Fred Mitchell and officers of the Royal Bahamas Police Force at a Fox Hill community meeting, held at the Fox Hill Community Centre, on February 22, 2024.
February 23, 2024
PM 'conversation' if police manslaughter findings go on
OFFICE of the Prime Minister director of communications Latrae Rahming said Prime Minister Philip "Brave" Davis would "have a conversation with the commissioner of police" if the pattern of adverse inquest findings against officers in police-involved killing cases continues.
'DODGING JURY DUTY IS SLOWING JUSTICE': Davis encourages people to carry out their civic duties
February 23, 2024
'DODGING JURY DUTY IS SLOWING JUSTICE': Davis encourages people to carry out their civic duties
PRIME Minister Philip "Brave" Davis said a significant challenge to swift justice is the avoidance of jury duty.
February 23, 2024
Government targeting $25-$50 million from the sale of delinquent properties
NASSAU, BAHAMAS — Financial Secretary Simon Wilson revealed on Thursday that the government aims to generate $25 to $50 million from the sale of delinquent properties. Legislative changes were made in 2022, enabling the Department of Inland Revenue to sell not only vacant land owned by foreigners who have not paid their real property tax [...]
February 22, 2024
Pintard criticises Davis for nearly doubling deficit projection
FREE National Movement leader Michael Pintard criticised Prime Minster Philip "Brave" Davis yesterday for a $258 million fiscal deficit that is larger than what government had projected.
February 22, 2024
Consultation for contributory pension for public sector employees to start this month
PRIME Minister Philip "Brave" Davis said public consultation on draft legislation to create a contributory pension plan for all public sector employees will begin before the end of this month as the government looks to tackle an issue the International Monetary Fund has long called unsustainable.
Announcement of Qualified Domestic Minimum Top-Up Tax (QDMTT) - Office of the Prime Minister
February 22, 2024
Announcement of Qualified Domestic Minimum Top-Up Tax (QDMTT) - Office of the Prime Minister
Today, the Prime Minister and Minister of Finance Hon. Philip Edward Davis KC, MP announced the introduction of the Qualified Domestic Minimum Top-Up Tax (QDMTT), a significant measure under the OECD’s Pillar Two tax framework aimed at ensuring multinational enterprises (MNEs) operating within The Bahamas pay their fair share of taxes. This initiative specifically targets MNEs with annual turnov...
February 22, 2024
$18m increase in public sector worker compensation sparks increase in govt spending
AN $18m increase in compensation for public sector workers helped spark a year-over-year increase in government spending, Prime Minister Philip "Brave" Davis indicated during his mid-term budget communication yesterday.
February 22, 2024
Pintard criticised Davis for nearly doubling deficit projection
FREE National Movement leader Michael Pintard criticised Prime Minster Philip "Brave" Davis yesterday for a $258 million fiscal deficit that is larger than what government had projected.
February 22, 2024
'Country loses nearly $100m yearly to alcohol and tobacco smuggling'
PRIME Minister Philip "Brave" Davis said officials believe the country loses nearly $100m yearly through alcohol and tobacco smuggling.
February 22, 2024
Prime Minister Davis: The Bahamas experienced a ‘robust’ economic rebound in 2023
While giving his mid-year 2023/24 Budget Statement to Parliament, on February 21, 2024, Prime Minister and Minister of Finance the Hon. Philip Davis stated that, in 2023, The Bahamas experienced a “robust” economic rebound, primarily fueled by significant tourism inflows, leading to an estimated real GDP growth of 4.3 percent.
Tax avoidance causing $200m annual revenue loss
February 22, 2024
Tax avoidance causing $200m annual revenue loss
PM announces data-driven response to stop revenue slipping through the cracks NASSAU, BAHAMAS — Prime Minister Philip Davis revealed on Wednesday that the government is employing a data-driven approach to aggressively tackle numerous tax avoidance schemes, which are causing the government an annual loss of approximately $200 million in revenue. During his delivery of the [...]
Dorsett says former govt shamed Bahamas
January 15, 2015
Dorsett says former govt shamed Bahamas
Environment Minister Kenred Dorsett yesterday accused the Ingraham administration of "embarrassing" the country.
Dorsett was referring to the allegation that a Bahamian official accepted a $325,000 bribe from a French Company between 1999 and 2003.
"The former administration has embarrassed and shamed our beloved Bahamaland," said Dorsett as he contributed to the Electricity Amendment Bill in the ...
Tax revenue collections improve by nearly $73 million during first six months of the fiscal year
February 22, 2024
Tax revenue collections improve by nearly $73 million during first six months of the fiscal year
The deficit exceeded the budget forecast by $127.6 million at the halfway mark. NASSAU, BAHAMAS – Prime Minister Philip Davis announced a $72.9 million improvement in tax revenue collections during the first six months of the fiscal year, reaching $1.2 billion, which accounted for 40.1 percent of the budget target. In his mid-year budget statement, [...]
February 22, 2024
PM: Government not supporting privatization or shutdown of state-owned enterprises
NASSAU, BAHAMAS — Prime Minister Philip Davis stated on Wednesday that despite the continued need for significant government subsidies, the government does not advocate for the shutdown or privatization of state-owned enterprises, citing their significant social benefits across the country. During his mid-year budget statement in Parliament on Wednesday, the Prime Minister emphasized: "State-own...
February 21, 2024
PM: Government Losing Hundreds of Millions of Dollars
NASSAU, BAHAMAS - Prime Minister Philip Davis told Parliament hundreds of millions of dollars have been lost yearly through alcohol and tobacco smuggling.
The Governor General and the Prime Minister celebrate with Rev. Dr. William Thompson his 80th birthday
February 21, 2024
The Governor General and the Prime Minister celebrate with Rev. Dr. William Thompson his 80th birthday
Rev. Dr. William Thompson celebrated his 80th birthday at a Gala Ball in his honour, February 16, 2024 in the Grand Ballroom, Atlantis Resort, Paradise Island.
Prime Minister Davis Meets with Clergy on Crime
February 21, 2024
Prime Minister Davis Meets with Clergy on Crime
Prime Minister and Minister of Finance the Hon. Philip Davis met with members of the clergy to discuss crime in The Bahamas, on February 12, 2024, at the National Training Agency. Also present were members of his Cabinet and representative heads of Uniformed Branches.
February 21, 2024
DPM Cooper refocuses on Tourism product in wake of advisories on crime
While not downplaying the impact of the recent crime spike, and subsequent US advisory, in his contribution to the debate on the Amendment to the Bail Act in the house of Assembly on Wednesday, January 31, 2024, Deputy Prime Minister and Minister of Tourism, Investments and Aviation the Hon. Chester Cooper noted its minimal effect in tourist areas.
Bahamas Consulate General in Los Angeles opens
February 20, 2024
Bahamas Consulate General in Los Angeles opens
NASSAU, BAHAMAS — Prime Minister Philip Davis officially opened the Consulate General in Los Angeles yesterday. The Los Angeles Consulate General will be headed by Consul General Joy A. Newbold and will eventually house The Bahamas Tourism and Investment Offices. Photo/video credit: Calvin Brown
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