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June 20, 2023
Bahamasair projects $8 million revenue jump with new jet acquisition
Bahamasair expects to grow its revenue by $8 million as a result of the acquisition of another Boeing 737-700 and the addition of new routes, Minister of Tourism, Investments and Aviation Chester Cooper said yesterday.
June 20, 2023
Bahamasair revenue projected to increase by approximately $8 million
NASSAU, BAHAMAS – Bahamasair's revenue is projected to grow by as much as $8 million in the coming year due to strategic investments in additional aircraft to expand seat capacity and introduce new routes, according to Deputy Prime Minister Chester Cooper. Cooper, the Minister of Tourism, Aviation, and Investments, highlighted the improved financial performance of [...]
Abaco suffering an electricity crisis causing revenue loss as some tourists cut stay short
June 19, 2023
Abaco suffering an electricity crisis causing revenue loss as some tourists cut stay short
ABACO residents say they are suffering from an electricity crisis.
June 15, 2023
Immigration Department collects $80m in revenue ytd; 'largest in our history'
IMMIGRATION Minister Keith Bell said the immigration department collected nearly $80m in revenue between last July and this March -- the largest in the agency's history.
June 15, 2023
$85.3 mil. in govt revenue from cruise port next year
The government of The Bahamas is projected to rake in revenue of $85.3 million next year as a result of the redeveloped Nassau Cruise Port Ltd. (NCP), up from $72.3 million in revenue in 2019, according to numbers released yesterday by NCP.
June 08, 2023
PM: 95 percent of new revenue to come from non-Bahamians
NASSAU, BAHAMAS — Prime minister Philip Davis said yesterday that his administration made an "extraordinary" effort to protect Bahamians from any new revenue measures, adding that it was a "deliberate policy choice" that 95 percent of new government revenue in the upcoming fiscal year come from non-Bahamians. While kicking-off the budget debate in Parliament yesterday Prime [...]
June 07, 2023
PM Davis 'confident' that Revenue Outturn will near $2.9 billion
Prime Minister and Minister of àFinance the Hon. Philip Davis said in the House of Assembly, during his Communication on Budget 2023, on May 31, 2023, that public revenue receipts were strong over the nine-month period of July 2022 to March 2023, due to legislative reform, effective policy decisions, strengthened economic conditions and more efficient collection efforts.
June 01, 2023
Government revenue at $2.1 billion for first nine months
Prime Minister touts improvements in the country's financial health NASSAU, BAHAMAS — Government revenue for the first nine months of fiscal year 2022/2023 amounted to $2.1 billion, representing a 14.5 percent increase compared to the previous year and nearly 74 percent of the budget forecast. Total expenditure increased by $145.3 million to a total of [...]
May 31, 2023
PM Davis ‘confident’ that Revenue Outturn will near $2.9 billion
Prime Minister and Minister of Finance the Hon. Philip Davis said in the House of Assembly, on May 31, 2023, that public revenue receipts were strong over the nine-month period of July 2022 to March 2023, due to legislative reform, effective policy decisions, strengthened economic conditions and more efficient collection efforts.
Prime Minister Davis: Total Revenue increased by 14.5 percent over same period the previous year
May 31, 2023
Prime Minister Davis: Total Revenue increased by 14.5 percent over same period the previous year
As he gave a review of fiscal performance during the first three quarters of the 2022/23 fiscal year (July 2022 – March 2023), Prime Minister and Minister of Finance the Hon. Philip Davis noted, on May 31, 2023, that total revenue amounted to $2.1 billion for the first nine months of the fiscal year 2022/23.
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