Search results for : finance
PM announces $500 million climate finance initiative
September 19, 2023
PM announces $500 million climate finance initiative
NASSAU, BAHAMAS — During his address at the Clinton Global Initiative meeting in New York, Prime Minister Philip Davis announced a climate finance initiative that aims to raise $500 million US to address climate change and its far-reaching impacts on The Bahamas. Prime Minister Davis emphasized the urgent need for innovative financial solutions to tackle [...]
August 28, 2023
Forestry initiative could open door to increased climate financing
An initiative between the Food and Agriculture Organization of the United Nations (FAO), and the Forestry Unit within the Ministry of Environment and Natural Resources, could increase access to climate financing opportunities, according to a statement from the FAO.
April 07, 2010
FirstCaribbean wins Project Finance Deal of the Year for 2009
FirstCaribbean has been awarded the Project Finance Latin America Project Bond Deal of the Year, for its role as joint lead arranging bank and local placement agent in the US$265 million financing for the redevelopment of the Lynden Pindling International Airport in Nassau, The Bahamas.
May 03, 2010
COBUS Installation Ceremony Remarks - State Finance Minister Zhivargo Laing
Tonight I can say with absolute certainty that one of the great privileges and benefits of my life was attending the College of The Bahamas from 1984 to 1986, and serving as president of the College of The Bahamas Union of Students (COBUS) in the last half of that period. I benefitted immensely from lessons, experiences and encounters with various personalities then that still carry me today. On...
PM: Limited financing creating water woes
May 14, 2010
PM: Limited financing creating water woes
The government is currently unable to finance the necessary projects to provide potable water to some communities in the Family Islands, according to Prime Minister Hubert Ingraham, who said the government's finances are stretched beyond its limits.
May 25, 2010
Minister of State for Finance Laing concluded CDB held productive meeting
Minister of State for Finance the Hon Zhivargo Laing concluded that the 40th Annual Meeting of the Board of Governors of the Caribbean Development Bank was very productive.
Mr Laing served as Chairman of the Board and presided over the sessions held the Sheraton Nassau Beach Resort on Cable Beach, from May 19 - 20, 2010.
June 17, 2010
Attorney General opens sub-regional workshop on counter-terrorism financing
Senator the Hon. John Delaney, Attorney General and Minister of Legal Affairs officially opened the second sub-regional workshop for Caribbean countries on Wednesday, June 16 at Wyndham Nassau Resort.
July 01, 2010
Legal system keeps Bahamas finance sector lagging behind
The Bahamas is "failing to successfully launch" its new international financial services products, a senior attorney and QC has warned, adding that this nation needs to "compress" the product development/legislative reform cycle to remain competitive.
Brian Moree, senior partner at McKinney, Bancroft & Hughes, told a Bahamas Association of Compliance Officers (BACO) luncheon that this nation wa...
Gaps shown in public school finance records
July 19, 2010
Gaps shown in public school finance records
There has been a "consistent lack of documentation and appropriate record keeping" in the public school system, according to officials at the Ministry of Education.
Annual financial statements audited by the office of the Auditor General show major gaps "in the area of providing the evidence of expenditure".
July 19, 2010
OECD Representatives paid a courtesy on Minister of State for Finance
OECD Representatives paid a courtesy on Minister of State for Finance, the Hon. Zhivargo Laing on Monday, July 19, 2010. The Group is in The Bahamas for the Third Global Forum Meeting, being held at Wyndham Nassau Resort and Crystal Palace Casino July 20 - 22. Pictured from left are Pascal Saint-Amans, head of the Global Forum Secretariat OECD Centre for Tax Policy and Administration; Minister Lai...
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