Business
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Govt to improve flexibility of Public Finance Management Act
Financial Secretary Simon Wilson explained yesterday that the Public Finance Management (PFM) Act has kept the government from expeditiously utilizing…
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Selling carbon credits could be impetus for sovereign wealth fund
The country will have to continue to wait for some sort of sovereign wealth or rainy-day fund, Minister of Economic…
Read More » Govt’s move to support local poultry sector lauded
Abaco Big Bird Operation Manager Lance Pinder said yesterday the government’s commitment to support the local poultry industry shows it…
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Electric vehicles vendor pleased by duty reduction
Easy Car Sales owner Pia Farmer yesterday welcomed the reduction in customs duty to 10 percent for electric vehicles up…
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PM announces tax breaks to help lower cost of living
Prime Minister Philip Davis announced yesterday a number of tax breaks for certain foods, building supplies and electric vehicles, among…
Read More » Govt announces new fees to bolster revenue
Prime Minister Philip Davis announced broad tax reform measures yesterday as he delivered the 2022/2023 budget communication, which he said…
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Concessions expanded for prospective property buyers
Government’s 2022/2023 budget lays out a plan to help Bahamians acquire property and build and renovate homes by relaxing certain…
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Govt still committed to 30 percent renewable energy target by 2030
Government remains committed to meeting the target of 30 percent renewable energy penetration by 2030, Prime Minister and Minister of…
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Halkitis: Budget will bring some economic relief, no tax increases
The government’s 2022/2023 budget will include measures that should bring some economic relief to the public and will not feature…
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Gas prices hit record high on New Providence
The price of gas per gallon reached an all-time high on New Providence yesterday, with Vice President of the Bahamas…
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