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News Article
August 14, 2019
CHBL reports 8 percent revenue increase

Colina Holdings Bahamas Limited (CHBL) has released its second quarter financial results for 2019, reporting an eight percent increase in its total revenues to $91 million, owing to an increase in investment income...

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News Article
July 11, 2019
Dept. of Inland Revenue now has full responsibility for all real estate tax matters

The Ministry of Finance confirmed yesterday in a press statement that the Department of Inland Revenue (DIR) now has full responsibility for all tax matters that apply to real estate transactions, following government's changes to the Stamp Act and Value Added Tax (VAT) Act that [...]

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News Article
July 03, 2019
Department of Inland Revenue participates in Financial Modeling Workshop

The Department of Inland Revenue will participate in a 3-day intensive training workshop to reinforce Excel functions through financial modeling to enhance data interpretation within the unit...

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News Article
June 21, 2019
Bowe: Proper analysis of the revenue target shortfall needed

A deeper explanation is needed from the government on why it won't hit its revenue target for the 2018/2019 fiscal year, Chairman of the Clearing Banks Association (CBA) Gowon Bowe asserted. Since the government has only collected 63.7 percent of its $2.6 billion revenue projection [...]

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News Article
October 03, 2018
Sands: Driving revenue key to solving crisis

THE lack of available funding at the Princess Margaret Hospital has sparked an ongoing crisis in its Dialysis Unit and officials think the solution to satisfying...

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News Article
September 04, 2018
Minister Rolle Tours National Sports Authority Venues at Sport Centre

Minister of Youth, Sports and Culture the Hon. Lanisha Rolle (front row) and Director of Sports Timothy Munnings (left of Minister Rolle) are pictured with board and managerial team members of the National Sports Authority...

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News Article
May 30, 2018
Government proposing a number of measures to generate additional revenue

Deputy Prime Minister and Minister of Finance the Hon. K. Peter Turnquest said to facilitate revenue generating measures this Government Administration is proposing a number of procedures that are designed to generate additional revenue to the government.

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News Article
May 31, 2018
Draft Estimates of Revenue and Expenditure 2018-19

Attached please find the Draft Estimates of Revenue and Expenditure 2018/2019. This is to supplement the budget communication from this afternoon.

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News Article
May 02, 2018
This Evening's Over the Hill Town Hall Meeting has a New Venue

PSA on Over the Hill Town Hall Meeting this evening at 7 p.m. to be attended by the Prime Minister will now take place at Bethel Baptist Church, Meeting Street because of inclement weather...

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News Article
March 22, 2018
Government to Redress Imbalanced between Spending and Revenue

The Government of The Bahamas will redress the imbalance between spending and revenue by giving ?immediate and urgent priority? to a fundamental and durable restructuring of

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