Search results for : receipts
Debt to GDP alarm
Debt to GDP alarm
The Central Bank of The Bahamas has reported that the public debt at end of June 2016 was estimated at 90.4 percent of GDP, while the ratio for the direct charge and the national debt stood at 70.8 percent and 79.6 percent, respectively.
Reform at Road Traffic
Reform at Road Traffic
Bahamians were deeply concerned when the auditor general's report tabled in Parliament in May revealed that motor vehicle license revenue was under-recorded by a minimum of $10 million, and license plate revenue was under-recorded by nearly $250,000.
Modern road traffic system expected to cut down on fraud
Within a few days, the Road Traffic Department is expected to remove its manual system, which has been linked to malfeasance and fraud at the department, and replace it with a new modernized system.
Taxes 90.1 of government revenue to June 2016
Taxes 90.1 of government revenue to June 2016
Tax collections for the first 11 months of the 2015/2016 fiscal year constituted for 90.1 percent of government's total revenue and experienced an increase of $207.9 million (15.3 percent), to $1.57 billion for the period, according to the Central Bank of The Bahamas (CBOB) Quarterly Economic Review (QER) June 2016.
IDB considers Brexit impact on Bahamas
IDB considers Brexit impact on Bahamas
Post-Brexit effects on The Bahamas could result in lower tourism receipts and private foreign direct investment (FDI) in the medium term, according to the Inter-American Development Bank (IDB) September 2016 Quarterly Bulletin.
Baha Mar staff 'should not have been told to be grateful'
FNM Leader Dr. Hubert Minnis yesterday criticised the Christie administration for the "take it or leave it" nature of the Baha Mar claims payout process, saying that former employees "should not be told to be grateful that they are being paid for their completed work."
Prime Minister Perry Christie's remarks at the official contract signing ceremony
ON MONDAY OF THIS WEEK, I WAS PRIVILEGED TO BE AT THE RAND MEMORIAL HOSPITAL IN FREEPORT, GRAND BAHAMA, AS WE PUBLICALLY ANNOUNCED THE EXECUTION OF AGREEMENTS THAT WOULD FACILITATE A MAJOR EXPANSION AND RENOVATION OF THAT HOSPITAL.
Some former Baha Mar employees feel 'tricked' by payout amount
Chairman of the claims committee responsible for Baha Mar payouts James Smith yesterday suggested that Baha Mar workers complaining about not receiving enough money in their settlement packages may be acting ungrateful.
Staff left short in Baha Mar pay
Staff left short in Baha Mar pay
WHILE some former employees of Baha Mar yesterday expressed no disappointment in receiving their settlement sums from the beleaguered resort, others complained of the low amount offered as part of the resort's Claims Committee payout process.
PM Christie highlights vibrant public sector activity on Abaco
Dynamic public sector activity is centred on Abaco -- a rising tourism and investment centre.