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CATEGORY

Economics

Bahamian economy sees 8.6 percent real GDP growth during the first half of the year

The Bahamian economy saw an 8.6 percent real gross domestic product growth during the first half of 2023 compared to the corresponding period last...

IMF recommends The Bahamas implement corporate income tax and personal income tax

The International Monetary Fund (IMF) is recommending that The Bahamas consider implementing a corporate income tax, coupled with a personal income tax targeting high...

The Bahamas backs historic UN resolution towards shift in global tax policy

The Bahamas has thrown its support behind a United Nations resolution that seeks to establish a more inclusive tax governance framework and transfer decision-making...

ECCB approves replacement of Britain’s Queen Elizabeth on EC currency

The St. Kitts-based Eastern Caribbean Central Bank(ECCB) says its Monetary Council has approved the replacement of the Queen’s image on the Eastern Caribbean (EC)...

Bank of The Bahamas records $4.1 million net income in Q1 of its new fiscal year

The Bank of The Bahamas saw a $4.1 million net income for the first quarter of its new fiscal year, a $1.6 million increase...

Bahamas | $38 Million mobile wallet payments drop tied to government and pandemic payments

Mobile wallet payments from January to August of this year declined nearly $38 million compared to the same period last year, as the Central...

Saudi Fund signs framework MoUs with two CARICOM countries

The Saudi Fund for Development (SFD) Chief Executive Officer, H.E. Sultan Al-Marshad has signed two developmental Framework Memorandum of Understandings (MoUs) with the governments of...

Talks Held Between Barbados & USA

Minister of Foreign Affairs and Foreign Trade, Kerrie Symmonds (second from right) and U.S. Deputy Assistant Secretary for Caribbean Affairs and Haiti, Bureau of...

Jamaica and Dominican Republic Sign Bilateral Cooperation Framework Agreement

Jamaica and the Dominican Republic have signed a Framework Agreement to expand cooperation in various sectors between the countries. The Agreement was signed by Minister...

IMF delegation confident Barbados could be removed from FAFT Grey list

An International Monetary Fund (IMF) delegation has found that Barbados has made significant progress in strengthening its anti-money laundering and counter-terrorist financing (AML/CFT) framework and...

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