Search results for : receipts
Gibson blasts We March
January 30, 2017
Gibson blasts We March
Minister of Labour Shane Gibson said yesterday he is 100 percent convinced that the We March group and the Trade Union Congress (TUC), which called for industrial action last week, are driven purely by politics, and he called on We March to show the Bahamian people where it is getting its funding from.
Gibson said the group's and the union's call for an occupation of Bay Street last week was desig...
Miller defends PLP over VAT
January 26, 2017
Miller defends PLP over VAT
TALL Pines MP Leslie Miller yesterday defended the Progressive Liberal Party against criticism over how it had handled receipt and expenditure of value added tax (VAT) revenue, suggesting that public demands for transparency and accountability over the tax are "pointless".
NHI could add 500M to economy
January 23, 2017
NHI could add 500M to economy
A new report penned by accounting firm KPMG Bahamas revealed that the primary care phase of National Health Insurance (NHI) could contribute nearly $500 million per year to The Bahamas' gross domestic product (GDP) by 2040, while generating $110 million in additional tax receipts as early 2035, based on current rates of taxation.
KPMG, in a collaboration with Cambridge Econometrics, published the ...
Ministry of Health National Immunization Protocol
January 12, 2017
Ministry of Health National Immunization Protocol
The Ministry of Health wishes to advise the general public that through an article in the daily Tribune dated 4th January 2017 entitled ?From a picture of health to death?s door for baby Aidan? an infant experienced what appeared to have been a severe illness after receipt of routine immunizations...
Bahamas Maritime Authority's revenue up 6.26 percent
January 11, 2017
Bahamas Maritime Authority's revenue up 6.26 percent
The Bahamas Maritime Authority's (BMA) revenue rose by 6.26 percent in the financial year 2015/2016 due to an increase in receipts of annual fees, new registrations, seaman's licenses and wreck removal certifications.
According to the BMA's financial statement, a total of 29 port state control detentions were recorded as of June 2016, representing a decrease from 48 detentions as of June 2015.
The...
January 04, 2017
Christie and PLP responsible for looming economic disaster
Perry Christie has been a supreme disaster as prime minister, a job he covets with all his being, but for which he has conclusively proven he is woefully out of his depth.
He is the worst head of government since the advent of internal self-rule, a man with little depth of understanding of finance and economics, bereft of an economic vision, given instead to platitudes.
The political, economic and...
December 29, 2016
Ministry of Foreign Affairs dispels devaluation rumors
In the wake of the downgrade of The Bahamas' sovereign credit rating by Standard and Poor's (S&P), the Ministry of Foreign Affairs has been forced to dispel rumors that this country's currency has been devalued, after a purported receipt from a currency exchange operation in Florida showed the local currency exchanged at almost $0.75 on the dollar.
The ministry released a statement yesterday to en...
Public debt-to-GDP ratio increases to 85.3 percent
December 22, 2016
Public debt-to-GDP ratio increases to 85.3 percent
The public debt-to-GDP ratio increased to 85.3 percent, according to The Central Bank of The Bahamas' (CBOB) September 2016 Quarterly Economic Report (QER) published yesterday.
Other gross domestic product (GDP) estimates recorded were direct charge and national debt ratios for September 2016, which stood at 67.6 percent and 75.8 percent, respectively.
The bank, in collaboration with the Departmen...
May 27, 2016
DNA: PLP budget 'trend' to ignore previous year promises
The Democratic National Alliance (DNA) lambasted the Christie Administration for what the upstart party dubbed a "slap-dash budget" which they say "exemplifies confusion and mismanagement" and underlines the administration's "lack of leadership."
May 27, 2016
RISE Cards to Offer 'Greater Flexibility for Cardholder
Officials from the Ministry of Social Services and Community Development and the Department of Social Services Thursday issued the first batch of the RISE Pre-paid Cards to clients of the Wulff Road Outreach Centre...
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