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BAHAMAS: Government taking deliberate steps to cushion impact of fiscal measures on the poorest households

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#Nassau, June 8, 2018 – Bahamas – Deputy Prime Minister and Minister of Finance, the Hon. K. Peter Turnquest said in light of the fiscal measures, which call for a shared sacrifice from all, the government is taking deliberate steps to cushion the impact on the poorest households.  The 7.5 per cent cost savings on breadbasket items will directly impact the most vulnerable Bahamians in a tangible way, DPM Turnquest said during his Contribution to open the 2018/19 Budget Debate in the House of Assembly, Wednesday, June 6, 2018.

“Unfortunately, there has been a lot of sarcasm around the breadbasket with the inclusion of items like corned beef. This is somewhat understandable in the context of our healthy lifestyle push.

“But this exercise is not about corned beef. The breadbasket contains substantive items that many Bahamians want to consume and are financially constrained to consume. So let us not scorn those Bahamians whose lifestyles are based on the breadbasket.

“This government did not invent or create the longstanding breadbasket list. Rice, soup, cheese, evaporated milk, and yes, corned beef, are the basics that Bahamians, particularly poorer families, rely on for their survival.”

He said the 7.5 per cent savings that the government is implementing by removing VAT from the breadbasket, as promised will make a difference.

“Just think of the relief for a family when it comes to the cost of buying baby food; these targeted measures will make a difference for those families trying to sustain themselves with the basics.”

The DPM said importantly, the Consumer Protection Commission and the Price Control Commission have an important role to play in ensuring the various tax exemptions are passed on to the consumers, particularly with these price-controlled items.   The Finance Minister said he could appreciate that for some Bahamians, these savings might seem meager and unimportant, but this government has committed to prioritising the vulnerable and the neglected.

“Yes, we will re-shape the breadbasket over time, in concert with a public education exercise, but our immediate actions are designed to provide some cushion as the country goes through this period of shared sacrifice.  We will not continue the past practice of neglect and we will not allow vulnerable Bahamians to be left behind or run over by the substantive changes that are now taking place.”

He said the same principle applies with the VAT savings on utilities.

DPM Turnquest said social progress goes hand in hand with increased economic freedom; and this requires that Bahamians have more opportunities to create their own jobs and to be more competitive in the private sector.  He said although the government is the primary employer today, it is laying the groundwork to flip this around. “In a healthy, vibrant economy, it is the private sector – entrepreneurs, small businesses and mature industries – that drive innovation and job creation.

“So, we have included in the Budget $2.6 million worth of investment in scholarships at BTVI so that the cost of skills training and certification is not a barrier for Bahamians seeking to increase their competitiveness.”

The DPM said the government has included in the Budget $5 million to launch a Small Business Development Initiative that will support small and medium-sized businesses, providing them with the incentives and assistance needed to survive and thrive.

“Under this programme, Bahamian entrepreneurs will have access to direct financing; we will also provide support for market research and financial management, and other business support.

“In other words, the government is investing the people’s money to foster a culture of entrepreneurship and innovation, and to increase the competitiveness of the Bahamian labour force.  We want Bahamians to have access to more fulfilling jobs, better paying jobs, and opportunities that will create social progress.”

He said, “To tie it all together, this Budget is a transformational budget because it establishes a new era of fiscal responsibility.  We are drawing a line under the mountain of payment arrears and unpaid bills left to accumulate shamelessly by previous governments.”

DPM Turnquest said, “We are implementing proper and right budgeting for all known spending commitments so that no further arrears build up in the future.”

 

By: Llonella Gilbert (BIS)

 

 

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Bahama Brass Band Invitation Sparks Heritage Debate Ahead of TCI Constitutional Holiday

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Turks and Caicos, August 20, 2026 – The planned participation of the Bahama Brass Band in the Turks and Caicos Islands’ inaugural Constitutional Holiday celebrations on August 30 has sparked public debate over culture, heritage and the historical contributions of Turks and Caicos Islanders abroad.

Organizers defended the invitation, saying the band’s inclusion is intended to highlight the deep historical ties between the two countries and honor Turks and Caicos men who helped establish and develop the institution in Grand Bahama.

According to the organizers, the Bahama Brass Band began in 1955 in Pine Ridge, Freeport, with Turks and Caicos Islanders, including the late Deacon Reuben Hall Sr. of Middle Caicos and Jenkins Williams and Mervin Hendfield of North Caicos, among those who helped build its foundation. The band eventually grew to more than 50 men.

The organizers also pointed to the participation of Turks and Caicos men in The Bahamas’ Independence celebrations on July 10, 1973, arguing that their contributions became part of Bahamian history while maintaining strong connections to their homeland.

Supporters say bringing the band home represents an opportunity to honor those pioneers, showcase their regional influence and expose younger generations to an important part of Turks and Caicos history.

However, concerns raised publicly described the invitation as potentially disrespectful to local culture and heritage. Organizers acknowledged those concerns, apologizing to anyone who felt overlooked or offended, while maintaining that no disrespect was intended.

The committee said the event should ultimately unite rather than divide, presenting the band’s history as evidence of the reach and resilience of Turks and Caicos heritage.

PHOTO CREDIT: Bahamas Brass Band

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CBC Supports Opportunities for Young Bahamian Basketball Players

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NASSAU, Bahamas — Caribbean Bottling Company (CBC), local producers of Dasani products, proudly sponsored the fifth annual, Caribbean Hoopfest.

The tournament brings together Bahamian high school basketball teams and visiting teams from the United States for a competitive showcase at the Kendal G. L. Isaacs Gymnasium.  Following its inaugural year at the Kendal G. L. Isaacs gym and last year’s event at Loyola Hall, the tournament returned to the Kendal G. L. Isaacs gym this year.

During the weekend tournament, CBC kept athletes well hydrated with in-kind donations of Dasani Water, Powerade and Minute Maid Juices.

During the tournament’s final day, CBC provided additional support by offering Sprite No Sugar samples and inviting attendees to participate in its Spin the Wheel for a chance to win exciting prizes.

CBC was proud to support this incredible event, which provides young Bahamian athletes with valuable exposure to U.S. basketball scouts and coaches. This opportunity gives them the chance to earn scholarships, continue their education, and pursue their basketball careers in the United States.

Event organizer, Donald Francois shared his appreciation for CBC’s support.

“I want to express our sincere appreciation for Caribbean Bottling Company, who has been a tremendous supporter and an important part of the success of our program. Without CBC’s support, Caribbean Hoop Fest would not be able to function at the level it does today. And without Caribbean Hoop Fest, we would not have been able to provide the opportunities that have helped young Bahamian athletes gain exposure and pursue educational opportunities in the United States,” he expressed.

Since the program’s inception, several Bahamian student-athletes have been selected for scholarship opportunities, highlighting the tournament’s growing impact on the development and advancement of young basketball talent in The Bahamas.

They are: Kelvin McDowells – Guard, Wodson Antoine – Power Forward, Justin Lafleur – Guard and Sean John – Guard.

After another successful edition of the tournament, Francois shared what he hopes he and Caribbean Bottling Company can achieve in the future.

“Our vision is bigger than basketball. We want to use the platform of Caribbean Hoop Fest to educate, develop, and create opportunities for young people and their families throughout the Bahamas. With individuals and organizations committed to our mission, we believe we can continue to grow the program and make an even greater impact,” Francois said.

For more details on community support, events and new products visit Caribbean Bottling Company at www.cbcbahamas.com today.

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More Bahamians Accessing HIV, STI Care Through NHI

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NASSAU, Bahamas — More Bahamians are accessing HIV and sexually transmitted infection-related healthcare through National Health Insurance, a trend the NHI Authority says should be viewed positively.

NHIA stressed in an August 6 statement that its 2025 figures measure healthcare utilisation, not newly diagnosed infections. They include beneficiaries screened, treated, monitored or receiving follow-up care, including people diagnosed previously.

“Increased utilisation of these services should be viewed as a positive development,” NHIA said.

The Authority pointed to “greater enrolment and use of NHI, improved access to screening and testing, continued treatment and monitoring of existing conditions, and increased willingness to seek medical care.”

The development comes amid a mixed three-year HIV picture. New diagnoses rose from 130 in 2023 to 156 in 2024, before declining to 142 in 2025.

NHIA said increased utilisation demonstrates that more beneficiaries are accessing needed healthcare and actively managing their health, reinforcing the importance of screening, early diagnosis and continued treatment.

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