Bahamas News
Bahamas DPM says, ‘The country is moving in the right direction’
#Bahamas, February 23, 2018 – Nassau – Deputy Prime Minister and Minister of Finance, the Hon. Peter Turnquest said based on the performance in the first half of fiscal year 2017/18, the country is moving in the right direction.
“Compared with the first six months of Fiscal Year 2016/17, the fiscal performance has turned in a $92.3 million or 61.4 per cent reduction in the overall deficit—to $198.0 million, from $290.3 million in Fiscal Year 2016/17,” the DPM said in a ‘State of the Economy Report,’ hosted by the Bahamas Chamber of Commerce and Employers Confederation at Atlantis, Paradise Island, February 21, 2018.
He said gains in revenues of $24.8 million are supported by a $67.5 million or 43.6 per cent reduction in spending; comparisons with the budget show revenues running at some 41 per cent of the target and adjusted recurrent and capital spending, at 44.7 per cent and 33 per cent, of their respective targets.
“We believe that the measures taken, and those in the pipeline, have the ability to help restore fiscal discipline and place the finances on a sustainable path for the benefit of all Bahamians. However, we would acknowledge that these measures alone will not get us to where we want and need to be.
“Most importantly, we must grow our economy and do so in a sustained way; additionally, if our fiscal plans are to be sustainable, they need to be reinforced by other administrative and legislative initiatives designed to bolster credibility, in a transparent and accountable manner.”
The DPM explained that last year, he introduced to the public, the public financial management reform measures underway to deliver more efficient and effective allocation and use of public funds, by addressing cumbersome processes and inconsistent and outdated practices in our public financial management activities.
“An important element of the Public Financial Management reform agenda focuses on bringing greater transparency, fairness and efficiency to bear on public procurement activities.”
He said public procurement is big business for governments, and equally as big are the temptations and opportunities for corruption, collusion, fraud and manipulation.
“For The Bahamas, more than $1.475 billion or an estimated 13 per cent of Gross Domestic Product was spent in FY2016/17 to acquire goods and services —underscoring the imperative for the Government to obtain value for monies spent.”
The DPM said the first stage in these reform efforts was marked by the recently launched pilot phase of the Government eProcurement portal—a single access point—where all announcements, documents and information about tender participants, summary of bid evaluation reports, and notice of procurement awards will be published.
“All suppliers interested in doing business with the Government have been invited to register their businesses by uploading all of the requisite documents via the portal.”
He said work is also well advanced on finalizing the draft public procurement legislation that will bring the regulatory framework closer in line with international standards and best practices. Some of the areas covered in the legislation are the establishment of a public procurement department; a public procurement board, and a public review tribunal to provide persons with an avenue for recourse.
“The most critical element of this procurement reform will be the requirement that all tenders and bid offers be published publicly online and that all successful bid offers accepted by government also be awarded. This, ladies and gentlemen, changes the game for all stakeholders.”
The DPM explained that these same principles of transparency and competition are behind the Government’s recent decision to engage the services of the Caribbean Development Bank to formulate a Public, Private Partnership. Having clear and transparent policy guidance for all stakeholders will ensure that the Government is identifying the right private sector partner and carrying out the required analysis of all risks, while easing the burden on public resources.
DPM Turnquest said, “These reforms are long overdue, but once completed will increase the ease of doing business with the Government, make procurement processes more transparent and competitive, and are generally supportive of the Government’s overall goal of restoring the public’s trust in its management of public funds.
By: Llonella Gilbert (BIS)
Photo Caption: Deputy Prime Minister and Minister of Finance, the Hon. Peter Turnquest brings remarks at the ‘State of the Economy Report’ hosted by the Bahamas Chamber of Commerce and Employers Confederation (BCCEC) at Atlantis, February 21, 2018. Looking on from left are CEO, BCCEC, Edison Sumner and Chairman, BCCEC, Mike Maura, Jr.
(BIS Photo/Patrick Hanna)
Bahamas News
EducationUSA Bahamas Advising Center Officially Opens to Help Students Wishing to Study in the US
By LLONELLA GILBERT
Bahamas Information Services
NASSAU, The Bahamas — The EducationUSA Bahamas Advising Center was officially opened at The Bahamas Technical and Vocational Institute (BTVI) on Thursday, September 5, 2024, to help students throughout the country have personalized access to free, accurate, current and comprehensive information about US tertiary institutions.
Minister of Education & Technical and Vocational Training the Hon. Glenys Hanna-Martin thanked the US government for opening
up the Center to help residents achieve the goal of going to a tertiary institution in the US.
The Education Minister said during a recent trip to Cuba, she learned that high school is called “pre-university”.
She noted that many students in The Bahamas believe that after high school, they should go out and work.
She said, “While there is nothing wrong with that, the secondary school experience should be seen as a launching pad for something more, further and greater. We want our young people to see themselves in that way.
“We want to encourage our young people, all of them going through high school, that they are in pre-university. It is just the launching pad for more that is out there for them.”
The Minister added that students should not only see their individual potential, but also come back home after going to a tertiary
institution abroad to help build national capacity.
President, BTVI, Dr. Linda Davis; US Chargé d’Affaires, Kimberly Furnish; EducationUSA Regional Manager for North America, Central America and the Caribbean, Giselle Dubinsky; Public Affairs Officer/US Embassy, Suemayah Abu-Douleh also attended the opening.
Dr. Davis said the use of the Center is not limited to BTVI students. “Bahamians and residents throughout The Bahamas wishing to study in the US should consider EducationUSA at BTVI as their official source of information.”
She explained that in 2019, BTVI and the US Embassy signed a Memorandum of Understanding, agreeing to establish the Center on BTVI’s main campus.
“The Center was operationalized in 2023 and today we celebrate its inauguration. BTVI is pleased to finally reach this milestone and join the global network of over 400 EducationUSA Advising Centers, tasked with facilitating much needed guidance and support for students wishing to matriculate to a US institution.”
The US Chargé d’Affaires said EducationUSA aims to make opportunities to study at US tertiary institutions more accessible to students by providing them with the guidance and resources they need to pursue their academic dreams in the US.
She also explained that part of the mission of the Center is to ensure that students choose tertiary institutions that are accredited.
“The Center will serve as a hub for students, parents and educators seeking information about US higher education. Our advisor Breann Marshall is here to assist every step of the way from selecting the right institution to understanding the VISA requirements.”
PHOTO CAPTION
BIS Photos/Patrick Hanna
Header : Ribbon Cutting
The EducationUSA Bahamas Advising Center was officially opened at The Bahamas Technical and Vocational Institute (BTVI) on Thursday, September 5, 2024, to help students throughout the country obtain personalized access to free, accurate, current and comprehensive information about US tertiary institutions. US Chargé d’Affaires, Kimberly Furnish and Minister of Education & Technical and Vocational Training the Hon. Glenys Hanna-Martin performed the ceremonial ribbon-cutting.
Showcase
Advisor, The EducationUSA Bahamas Advising Center, Breann Marshall (centre) shows Minister of Education & Technical and Vocational Training the Hon. Glenys Hanna-Martin and US Chargé d’Affaires, Kimberly Furnish around the Center.
Jael Joseph’s Digital Platform Embarks on a New Chapter of Empowerment and Creativity
Jael Joseph has officially relaunched BlackIslandGirl.com, transforming her passion project into a dynamic multimedia platform that caters to a wide array of interests and communities. Originally created in 2021 as Joseph’s capstone project at Toronto Metropolitan University (formerly Ryerson University), Black Island Girl has now evolved into a comprehensive digital space that reflects her creative vision and commitment to representation, storytelling, and empowerment.
The newly revamped site features a broad range of content sections, including Beauty, Business, Culture, Entertainment, Health and Wellness, Politics, and “The BIG Feature,” a spotlight segment focusing on in-depth stories and profiles. In addition to articles and features, the site’s new “What’s New” section provides event promoters with the opportunity to list their events, making Black Island Girl a go-to source for cultural and community engagement.
One of the most significant changes in this relaunch is the platform’s shift towards multimedia offerings. Businesses can now request
custom commercials and podcasts, giving them new avenues to promote their products and services. This expanded functionality opens the door for Black Island Girl to tap into every corner of modern media, creating a space that engages audiences through multiple forms of content.
Advertisers can now leverage the platform’s growing reach, promoting their brands and services within a diverse and inclusive community. Jael Joseph’s vision for the site goes beyond traditional media, offering opportunities for men and women alike to find inspiration, learn, and connect.
The relaunch of Black Island Girl comes at a time when Joseph is dedicating more time and energy to the project, following the registration of Black Island Girl Multimedia. This business venture further underscores her intent to build a creative and empowering space. Under the same multimedia banner, she also released her debut film Territory, a powerful short documentary that has been recognized internationally. Territory was nominated at several film festivals and took home the award for Best Short Documentary at the 2023 Caribbean Tales International Film Festival, marking another major achievement in Joseph’s creative career.
This relaunch highlights the multifaceted talent of Jael Joseph and her dedication to creating a platform that not only showcases her work but also serves as a source of inspiration for others. With its enhanced offerings, Black Island Girl is now positioned as a go-to multimedia hub for those interested in culture, wellness, business, and more.
As Joseph continues to focus her energy on Black Island Girl, the platform is poised to become an essential digital space that empowers and uplifts. Whether through its rich content, multimedia offerings, or community-focused event listings, Black Island Girl is set to carve out a unique niche in the media landscape, fueled by Jael Joseph’s passion and creativity.
Finance the Hon. Philip Davis said, on September 10, 2024, that it marked the start of an “extraordinary” new chapter for Cat Island.
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