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Turnquest notes better communication needed on financial bills

Minister of Finance Peter Turnquest yesterday admitted the government should have had better communication about the financial bills recently passed in the House of Assembly, particularly in light of the Senate’s move to delay the passage of the Non-Profit Organizations Bill.

Although encouraged by the positive review of the International Monetary Fund (IMF) following the passage of the legislation, Turnquest said the government has to “work on” communication.

“We recognize that there’s still a lot of work to be done, there’s a lot of education that needs to be done because unfortunately sometimes we are not very good at communicating where we are and why we are taking the steps that we’re taking,” he said outside the Churchill Building Tuesday.

“So, that’s something that we have to work on so that we can bring everybody along with us as we try to turn around our fiscal situation.”

On Monday the Senate agreed that further consultation with civil society was needed before it would pass the Non-Profit Organisations Bill.

Attorney General Carl Bethel announced the move following criticisms and calls from civil society organizations for the government to amend it.

The bill was a part of a compendium of legislation the government passed to keep in good standing with international financial watchdogs including the International Monetary Fund (IMF), which on Monday predicted positive growth of the Bahamas economy in a report.

“More than anything the report says to us, ‘You’re on the right track, you need to continue with the disciplined measures that we have in place’. We need to keep our expenditures in line and continue with the growth initiatives that we’ve put forth, and again just being very communicative with the Bahamian people and ensuring that we do the best we can to meet our commitments with respect to the Fiscal Responsibility Act,” Turnquest said.

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Paige McCartney

Paige joined The Nassau Guardian in 2010 as a television news reporter and anchor. She has covered countless political and social events that have impacted the lives of Bahamians and changed the trajectory of The Bahamas. Paige started working as a business reporter in August 2016. Education: Palm Beach Atlantic University in 2006 with a BA in Radio and Television News

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