Search results for : payroll
10m more in govt salaries
10m more in govt salaries
THE government's payroll increased by $10m as new employees were hired in the final five months of the former Christie administration, State Minister for Public Service and National Insurance Brensil Rolle said during his contribution to the budget debate in the House of Assembly yesterday.
Govt borrowing could reach 'point of no return', says BCCEC chairman
On the heels of the new Free National Movement (FNM) government announcing it would have to borrow $722 million, outgoing Chairman of the Bahamas Chamber of Commerce and Employers' Confederation (BCCEC) Gowon Bowe said borrowing could come to a point of "no return".
Speaking at a press conference, Bowe asserted the need for clarification on expenditure commitments made under the previous Christie ...
The PLP hired security officer to watch police station GTHOH
Dear Editor,
The Minister of State for Public Service and National Insurance Brensil Rolle revealed to the House during the budget debate that the PLP added 6,500 persons to the already bloated civil service between 2012-2017. In the waning months of its tenure in office the Christie regime increased the government payroll by $10 million. Forty-one persons on Acklins, which is a part of MICAL, wer...
Workers the country can't afford
Workers the country can't afford
The Bahamas has been in a no-growth/contraction phase the past few years. In that time government debt has gone up. The government debt-to-GDP went from 48 percent in the 2011/12 fiscal year to a projected 71.5 percent this fiscal year.
The new Free National Movement (FNM) administration is borrowing $722 million it thinks necessary to stabilize the mess left by the Progressive Liberal Party (PLP)...
Public service grew by 6,500 under PLP
Public service grew by 6,500 under PLP
Minister of State for Public Service and National Insurance Brensil Rolle revealed yesterday that the public service grew by 6,500 people over the last five years, and the government's payroll ballooned by $10 million in the last five months of the Christie administration's term.
Rolle, who made those revelations during his contribution to the budget debate in the House of Assembly, said Oppositio...
Demanding better from a new government
Demanding better from a new government
Dear Editor,
Allow me to congratulate Prime Minister Dr. Hubert Minnis and the Free National Movement on their tremendous, overwhelming victory at the polls on May 10! To God be the glory!
Although I am a lifelong FNM, I never supported Dr. Minnis for FNM leader. I was always skeptical of his ability to lead the party to victory. I am happy to have been wrong, especially since, as I wrote in a le...
DPM: Ingraham's presence exposes Minnis' weakness
DPM: Ingraham's presence exposes Minnis' weakness
Deputy Prime Minister Philip Brave Davis said yesterday former Prime Minister Hubert Ingraham's injection into the 2017 election campaign exposes the weakness of Free National Movement (FNM) Leader Dr. Hubert Minnis.
Ingraham has been addressing FNM rallies over the last week, taking the government to task on a number of critical issues and accusing the prime minister of protecting compromised min...
Cove Eleuthera: Sales boost and aggressive promotion attract bidders
An aggressive television advertising campaign, backed up with a strong product offering, has buoyed The Cove Eleuthera Spa and Resort to international prominence and encouraged projections that the resort will more than double its gross sales this year, its owner has stated.
Denying speculation that he may be imminently set to sell out, the owner of The Cove Eleuthera Spa and Resort admitted that ...
The bill for the healthcare dream
The bill for the healthcare dream
Value-added tax (VAT) is on the way. It is scheduled for January 1, 2015. National Health Insurance (NHI) is also supposed to be coming in January 2016. That will be funded by a tax too. The last version of NHI under Perry Christie's first government was to be paid for by a payroll tax.
The government has engaged a Costa Rican firm to look again at NHI. The last estimate of its cost was $235 milli...
Money trail
Money trail
The publication of information showing that Minister of Labour and National Insurance Shane Gibson was receiving a monthly payment of $5,000 into his U.S. bank account from controversial permanent resident Peter Nygard has again underscored the need for clear laws and rules to govern campaign financing, and Cabinet ministers' financial dealings with investors doing business with the government or ...