The government, the Central Bank of The Bahamas (CBOB) and the Clearing Banks Association are accelerating the country’s move to digital payment systems by advancing the use of credit cards, debit cards and Sand Dollar transactions, and reducing the use of cash and checks over the next five
The Minnis administration will seek parliamentary approval to borrow $1.3 billion in the 2020/2021 fiscal year, which starts July 1.
In his budget communication today, Deputy Prime Minister and Minister of Finance Peter Turnquest said the fiscal deficit is budgeted at some $1.3 billion, or 11.6
The government will introduce a back-to-school value-added tax (VAT) holiday ahead of the new school year, Deputy Prime Minister and Minister of Finance Peter Turnquest announced on Wednesday.
“We are pleased to announce that for the first time, the government will provide for a back-to-school VAT
The deficit is projected to rise to $1.3 billion in fiscal year 2020/2021, Deputy Prime Minister and Minister of Finance Peter Turnquest said in his budget communication in Parliament today.
“This is the largest deficit to be incurred by any government in the history of The Bahamas,”
As of yesterday, the 2020 CARIFTA Swimming and Water Polo Championships have officially been canceled.
With the COVID-19 pandemic still lingering, officials thought it would be necessary to put off the meet, making this the first edition to be canceled. The championships got started in 1985.
The meet was set to be held
One of the longest-standing summer basketball events in the country is tentatively set for July, but with the country still under strict measures due to the COVID-19 pandemic, that event might have to be pushed back for later in the year.
The “Peace on Da Streets”
A trio of Bahamians were among six Oral Roberts University (ORU) track and field athletes to be named to the 2020 Outdoor Track and Field Academic All-Summit League Teams last week.
The six were the most that the Oral Roberts Golden Eagles has ever had receiving that honor. The
With the government expected to bring to Parliament today a resolution to extend the state of public emergency put in place in response to the COVID-19 pandemic, Progressive Liberal Party (PLP) Leader Philip Brave Davis yesterday called on the Minnis administration to end lockdowns, and gave
Today’s budget communication will come against a backdrop of an unprecedented economic crisis triggered by the COVID-19 pandemic.
While the finance minister will spend time outlining the government’s response, many Bahamians who wake up every day without any job — and without any prospect of employment
The Office of the Attorney General plans to appeal a Supreme Court ruling, which found that anyone born in The Bahamas to either a Bahamian mother or father is entitled to citizenship at birth, regardless of the parents’ marital status.
This contradicts the longstanding requirement that children born in The Bahamas out