Search results for : finance
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.
Bahamas Development Bank Launches Partnership that Will Help Creatives Receive Financing
June 28, 2023
Bahamas Development Bank Launches Partnership that Will Help Creatives Receive Financing
Nicholas Higgs, Managing Director, Bahamas Development Bank (BDB), said one of the hardest sectors to finance or one of the most stubborn areas to finance in the country is the Orange (creative) Economy.
June 14, 2023
Ministry of Finance advances renewable energy objective through contract signed with Rocky Mountain Institute towards solar project geared for MICAL
The Ministry of Finance, in proceeding with the Government’s priority of 30%Renewable Energy penetration in the country by 2030, today signed a contract with the Rocky Mountain Institute for the engineering design of a utility scale solar photovoltaic and hybrid (storage) project to be implemented in MICAL.
June 08, 2023
Salient Points made by Prime Minister and Minister of Finance Philip Davis in his Budget 2023 Communication to Parliament, May 31, 2023
Projected Outturn for FY2022-2023: Public spending has remained on track, and is well within the budgeted amount.
May 01, 2023
CFAL Successfully Completes $145M Nassau Cruise Port Bond Refinancing
Colina Financial Advisors Ltd. (CFAL) successfully completed refinancing of the $134.4 million Nassau Cruise Port Ltd. (NCP) bond on Friday,April 28th.
January 30, 2023
Ministry of Finance’s Response to the Bahamas Insurance Association’s Statement on the VAT Treatment of Health Insurance Claims
The Ministry of Finance has sight of a press release by the Bahamas Insurance Association (BIA) with respect to the VAT treatment on health insurance claims.
PM calls for fairer international financing criteria
January 25, 2023
PM calls for fairer international financing criteria
Prime Minister Philip Davis yesterday urged regional heads of state to advocate for fairer criteria for international financing for developing countries.
Ministry of Finance Statement on the Mandatory Electronic Submission of Customs Documents
January 12, 2023
Ministry of Finance Statement on the Mandatory Electronic Submission of Customs Documents
Recent reports in the media have repeated false assertions about the Ministry of Finance’s proposal to require electronic submissions of all customs documents. In addition, individuals have raised questions surrounding the legality of this mandate.
January 12, 2023
CIBC FirstCaribbean Announces The Expansion Of The Role Of Executive Director Gillian Charles-Gollop As It Is Increasing Focus On Sustainable Financing
CIBC FirstCaribbean has announced the expansion of the role of Executive Director, Gillian Charles-Gollop now responsible for the bank’s Corporate Banking portfolio across its regional footprint to include Sustainable Financing.
AOSIS on COP27 Loss and Damage Finance Inaction
November 16, 2022
AOSIS on COP27 Loss and Damage Finance Inaction
In the final few days of negotiations at the UN climate summit, COP27, the Alliance of Small Island States (AOSIS) and other developing countries are gravely concerned with the lack of progress made on the fundamental agenda item of funding arrangements for loss and damage.
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