By: Staff Writer April 16, 2024 The Africa Import/Export Bank will hold its 31st annual meetings on June 12 to 14 in The Bahamas, a first for both regions where…
Category: BAHAMAS
The Bahamas Partners With SpaceX
March 1, 2024 The Ministry of Tourism, Investments & Aviation of The Bahamas has made a historic move by partnering with SpaceX, the renowned space exploration company by billionaire Elon…
Bahamas, Belize and TCI removed from EU blacklist
By: Staff Writer February 23, 2024 The European Union removed The Bahamas, Belize, Seychelles and Turks and Caicos Islands from the list of non-cooperative jurisdictions for tax purposes. The countries…
The Bahamas: 2023 Article IV Consultation-Press Release; and Staff Report
February 5, 2024 The Bahamas economy is in the midst of a solid expansion. A strong recovery of tourism has helped regain the ground that was lost after hurricane Dorian…
IMF Executive Board Concludes 2023 Article IV Consultation with The Bahamas
February 5, 2024 On January 19, 2024, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with The Bahamas and endorsed the staff appraisal…
Bahamas: Staff Concluding Statement of the 2023 Article IV Mission
November 28, 2023 The Bahamas’ economy continued to rebound vigorously in 2022. Real GDP growth reached 14.4 percent and unemployment fell to 8.8 percent with a broad-based expansion that was especially…
Caribbean Investment Forum Invites Foreign-Direct Investors and Regional Businesses to build ‘A Bold New Caribbean’
October 27, 2023 Transforming the Caribbean into a region that leverages the talents of its people and attracts investment into innovative business projects is the aim of the Caribbean Investment…
CEO says jobs are booming in The Bahamas; urges jobseekers not to ‘miss the boat’
September 8, 2023 With the Inter-American Development Bank reporting a boom in tourism in the country, and a corresponding uptick in economic growth and decrease in unemployment, the CEO of…
A refreshing taste of the tropics: The story of ‘Limeade Bahamas’
September 5, 2023 When he was about six years old, Bahamian entrepreneur Joshua Miller started selling natural limeade at his father’s food stall in Nassau. Joshua’s dad Rudolph gave him…
Bahamas DPM calls for “Bold New Caribbean” ahead of Investment forum
By: Staff Writer August 22, 2023 The Deputy Prime Minister of The Bahamas said the country is looking forward to hosting the Caribbean Investment Forum this year. Chester Cooper, also…
The Bahamas: Technical Assistance Report-Operationalizing the New Bank Resolution Framework and Amended Deposit Insurance Legislation—Second Mission
August 22, 2023 The CBOB has made good progress in implementing recovery plans for the domestic systemically important banks (DSIBs). Building on this progress, the mission recommends that the CBOB…
The Bahamas: Technical Assistance Report-Operationalizing the New Bank Resolution Framework and Amended Deposit Insurance Legislation—First Mission
August 22, 2023 The Bahamas has made considerable progress in developing the infrastructure needed for an effective bank recovery and resolution regime. Following recommendations of the 2019 FSAP, the new…