Connect with us

Bahamas News

BAHAMAS: Ministry of Finance Recognizes Need to Modernize Mechanisms in Collection of Data

Published

on

#Nassau, February 21, 2019 – Bahamas – The Ministry of Finance has recognized the need to modernize the mechanisms by which the Bahamas Government collects, stores and disseminates data, Deputy Financial Secretary, Ministry of Finance, Athena Marche said at the Diagnosis of the National Statistical System (NSS) Workshop.

“This workshop is a key step in this effort and we hope that from it, we will be that much closer to the National Strategy for the Development of Statistics that establishes the National Statistical System that will in turn, provide timely, reliable data to decision makers across the country,” Ms. Marche said at the workshop held at SuperClubs Breezes, February 20, 2019.

“Doing so will ensure that we are using quantifiable evidence to select projects, develop human resource capacity and ultimately meet developmental goals. National Statistical Reform is a key step towards the modernization of the information infrastructure in The Commonwealth of The Bahamas.”

The Deputy Financial Secretary explained that the modernization agenda of the Ministry of Finance is driven by a host of factors both domestically and internationally.

She said it must be recognized that no modern government can function without reliable, relevant timely statistical information. Such data is needed to design and monitor development policies and strategies at a national level.

Ms. Marche noted that without such statistics, the government would essentially be operating without feedback into the effectiveness of its decision making or spending.

“Not only will the NSS change the way that government operates, it will provide a vehicle for the public to hold the government to greater accountability. National Statistics are an objective measure of government’s performance and as the democracy in The Bahamas matures, the government welcomes increased participation from all sectors of the public.”

She noted that it is difficult, if not impossible to overstate the role of statistics in national financial and developmental planning. Statistics describes the facets of the lives of every day Bahamians.

“Statistical information should be used to make decisions on a wide range of issues, including housing and land use planning; health care planning; the provision of educational facilities, national strategies for investment.

“By providing insight into these and other areas, the NSS will improve the Ministry of Finance’s ability to estimate expected revenue and expenditure across the public service and assist in identifying areas where spending should be increased or decreased.”

Ms. Marche added that consequentially, a comprehensive National Statistical System will improve the government’s ability to make evidence-based decisions about the allocation and management of scarce financial resources, which is the objective of the PFM/PMR Project.

She explained that the benefits of the development of a comprehensive and integrated NSS are not limited to government.  The Ministry of Finance recognizes that there is a demand for greater accessibility to quality data about The Bahamas from every sector in the country.

“Quality national statistics will improve the ease of doing business by making it easier to conduct market research for example and by providing companies with the information resources that they need in order to make decisions about the future.”

The Deputy Financial Secretary said, “We intend to develop world class learning institutions, which will require national statistics for academia and research.”

By Llonella Gilbert

Release: BIS

Photo Captions:

Header: Deputy Financial Secretary, Ministry of Finance, Athena Marche (right) speaks with participants at the Diagnosis of the National Statistical System Workshop held at SuperClubs Breezes, February 20, 2019.  

Insert: Participants listen attentively at the Diagnosis of the National Statistical System Workshop held at SuperClubs Breezes, February 20, 2019. 

(BIS Photo/Patrick Hanna)

Continue Reading

Bahamas News

Royal Caribbean Club in The Bahamas started after delays

Published

on

Rashaed Esson

Staff Writer

#TheBahamas#RoyalCaribbean, April 23, 2024- After being delayed following its announcement in 2020, Royal Caribbean’s new 17 acre Royal Beach Club on Paradise Island in Nassau, Bahamas, is now in the works and is scheduled to be ready for 2025, according to reports. A groundbreaking ceremony was held on Monday April 22, signifying the start of construction in the next few months. This project is huge for The Bahamas as it’s a first of kind for the nation, with a unique public private partnership allowing Bahamians to hold up to 49 percent in equity.

 

Continue Reading

Bahamas News

Nassau Cruise Port Donates Nearly $2 Million Towards Food Security

Published

on

Nassau, Bahamas: The Nassau Cruise Port has donated $1.95 million towards
projects that will assist the Ministry of Agriculture and Marine Resources in its aim
to increase food security for The Bahamas.

The donation officially occurred at the Ministry’s offices recently, where Minister
of Agriculture and Marine Resources Hon. Jomo Campbell, Minister of Labour
Hon. Pia Glover-Rolle, Permanent Secretary Neil Campbell and Nassau Cruise
Port CEO Mike Maura listened to a number of presentations including one for a
poultry programme for schools, a chicken broiler production programme, the
redevelopment of the Blue Hill Road Farmers Market and an Authentic
Bahamian Cultural Concept Store,

Mr. Maura said he was impressed by the presentations.

“I had the privilege to listen the presentations and review presentations that
touched on food security and the need for us to be self-sufficient, which as a
Bahamian I support completely. At the Nassau Cruise Port, we get excited
about the prospects of offering more authentic food to the millions of visitors
that we have each year,” he said.

“And then, in addition to that, we had presentations around the further
development of our artisans, which is so important to us as well. The guests
visiting our shores are looking for something that really touches The Bahamas
and can’t be found somewhere else. The Nassau Cruise Port has made a pledge to BAIC and its affiliates. We will be supporting the projects that were presented and we can’t wait to get started.”

Minister Glover-Rolle, who is also the Member of Parliament for Golden Gates,
hailed Nassau Cruise Port as a “great community partner.”

“Thank you for the opportunity to not only present but agreeing to participate.
Our Minister of Agriculture has a goal of reducing food imports by 25 percent by
the year 2025 and our project in the Golden Gates Community speaks to that,”
she said.

“We have a number of backyard farmers, farmers and fishers in our community
in Golden Gates. Being able to use the Blue Hill Road Farmers Market, which is
going to be dubbed the ‘Fish Fry of the South,’ as a hub for food security but
also a hub where artisans and handicraft persons can come and sell their wares
is wonderful. So, we are happy that you have agreed to partner with us and we
look forward to a partnership and we hope to welcome some of your visitors
when this amazing renovation is done.”

Minister Campbell also lauded the Nassau Cruise Port for its efforts.

“I would like to say thank you to the presenters for the presentations that are
several steps in the right direction for our country, to Mr. Maura and his board at
the Nassau Cruise Port and I would like to say thanks to God for this partnership
and bringing us all together as we move forward, upward, together in building a
better, brighter, future for The Bahamas,” he said.

Continue Reading

Bahamas News

Career Symposium 2024 Connects University Students with Successful Professionals

Published

on

Nassau, THE BAHAMAS — Some of the most successful and accomplished professionals and business leaders in the country recently shared their experiences and nuggets of wisdom with students at University of The Bahamas (UB) about thriving in a wide range of careers.

The University Centre for Counselling and Career Services and the Career and Job Placement Advisory Unit collaborated to host the 2024 Career Symposium which brought students face to face with leaders in the careers to which they aspire.

Vice President of Academic Affairs, Dr. Maria Oriakhi, said the symposium was key to developing potential as university students strive to leave their mark on the world.

Ms. Rickell Curry

“In the spirit of collaboration and growth, let us engage in meaningful dialogue, cultivate relationships, and harness the power of collective wisdom to shape our futures,” said Dr. Oriakhi. “Together, let us embark on this journey of exploration and discovery, united in our commitment to realizing our fullest potential and making meaningful contributions to our communities and beyond.”

Promoting careers in psychology, Ms. Curry noted that psychologists are equipped with the ability to help others, troubleshoot areas of weakness within themselves, and become better people and professionals in the process.

“The floor is yours to be able to explore. There’s no job where you don’t have to deal with people, so learning, even if you get a bachelor’s in psychology, is a great grounding,” she said.

Dr. Darville, one of few interventional radiologists in The Bahamas, offered another nugget of advice on choosing an area of study.

Dr. Elizabeth Darville

“It is important to know enough about yourself in order to make the decisions you want to make,” said Dr. Darville. “You have to work on yourself first and know what you want to do. Radiology gives you a chance to have fun. It gives you a chance to mold your career closer to your personal life than other medical specialties might.”

Another growing field is project management which Mr. Hepburn called a life skill. He also urged a commitment to lifelong learning.

“Individuals that continue to learn become unstoppable, period,” said Mr. Hepburn. “It is so true. When you learn, you become unstoppable because nothing can stop you in your process of development.

Mr. Wellington Hepburn

“The more you know, the more valuable you are. We need individuals who are cross functional—that can operate in different capacities. So please understand that your learning should never stop.”

With small and medium-sized businesses helping to drive the economy at an incredible rate, Ms. Rolle affirmed the importance of entrepreneurship in any economy.

“When we talk about entrepreneurship, we usually look at it from a myopic standpoint,” she said. Ms. Rolle. “What do I mean by that? Small, but usually about self: ‘how do I make more money?’ And in some cases, some look at entrepreneurship as a way of survival. ‘I need to make a couple extra dollars, I have this bill to pay’. Those types of things.

Ms. Samantha Rolle

“But entrepreneurship really, in its truest form, is about innovation, whether it’s a new concept or any existing concept that you innovate new ways, or help expand the economy.”

The career symposium was held at the Harry C. Moore Library and Information Centre and is held every academic year.

 

PHOTO CAPTIONS

 

  • Career Symposium 1: UB Vice President of Academic Affairs, Dr. Maria Oriakhi, delivers the opening address at the 2024 Career Symposium.
  • Career Symposium 2: Students and guest speakers enjoy a lighthearted moment during the 2024 Career Symposium.
  • Career Symposium 3: Ms. Rickell Curry speaks to students during the 2024 Career Symposium.
  • Career Symposium 4: Dr. Elizabeth Darville delivers remarks during the 2024 Career Symposium.
  • Career Symposium 5: Mr. Wellington Hepburn educates students on the importance of project management during the 2024 Career Symposium.
  • Career Symposium 6: Ms. Samantha Rolle talks about the role and importance of entrepreneurs and entrepreneurship in any economy.

 

Office of University Relations

University of The Bahamas

2nd Floor, Michael H. Eldon Complex

Oakes Field Campus

P.O. Box N-4912

Nassau, The Bahamas

Tel: (242) 302-4355/4354/4365

Continue Reading

FIND US ON FACEBOOK

TRENDING