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BAHAMAS: DPM Turnquest: A Strong Effective Government Partner is Important for Sustainable Growth

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#Nassau, July 9, 2019 – Bahamas – Deputy Prime Minister and Minister of Finance the Hon. K. Peter Turnquest explained that this Government Administration believes that having a strong and effective partner in government is an important ingredient to sustainable growth and development.

DPM Turnquest was the keynote speaker at the inaugural CFAL BudgetPass 2019/20 Conference held at Baha Mar, Monday, July 8, 2019, under the theme “Striking the Right Balance.”

He said the 2019/20 Budget is unlike any budget before in three major ways:

·      This is the first budget to adhere to legally mandated fiscal targets set by the Fiscal Responsibility Act, 2018

·      This is the first budget to fully adopt the new Chart of Accounts (COA) and to be compliant with internationally recognised Government Finance Statistics (GFS) Standards

·      This is the first budget that required ministries to take a new approach to budget planning, highlighting our transition to programme budgeting in the public sector

“This represents a deliberate move towards a more modern form of budgeting and public sector accountancy that sets the right foundation for sustainability in all of our endeavours.

“As we continue to usher these changes in, they will have a profound impact on the management of taxpayer money now and in the future, and therefore increase the likelihood of long-term fiscal stability, a stronger economy and socio- economic transformation.”

He noted that the the business community will play an important role in keeping the government on track, particularly through its representation on the Fiscal Responsibility Council.

The DPM explained that this independent civil society body is established by the Fiscal Responsibility Act (FRA) to foster budgetary discipline, and to promote the government’s adherence to sound fiscal decisions that take into account the economic impact they will have on the economy. “We expect the Council to be vibrant and active in playing its role.

“As it relates to fiscal targets, the FRA binds the government to a strategic plan to meet core fiscal goals. These include: Achieving a sustainable level of debt of no more than 50 percent of Gross Domestic Product (GDP) over the medium term, and a target fiscal balance that does not exceed 0.5 per cent of GDP by 2020/21 and beyond.” 

DPM Turnquest said that he does not think the full weight of this law has fully registered with the Bahamian people, but it should be known, it has the power to ensure the government strikes the right balance with its priorities and policies, while handling taxpayers’ hard-earned money in a responsible and transparent way.

“In keeping with our obligations, the deficit projected for this budget year will in fact end up being the lowest deficit this country has seen in 10 years, with its corresponding ratio marking the lowest deficit to GDP ratio this country has seen in almost two decades.”

He said, “Our deficit has been on a downward trajectory since this Administration took office, and as we continue to meet our fiscal goals we will undoubtedly have more resources to devote to other areas of economic and social reform that will have an indelible impact on the lives of our people.”

By Llonella Gilbert

Release: 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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