Connect with us

Bahamas News

Bahamas Prime Minister: Govt planning for economic impact of COVID-19

Published

on

#BLACK POINT, Exuma – March 12, 2020 — The Government is planning for the potential impact that the international outbreak of COVID-19 will have on the economy of The Bahamas, Prime Minister the Most Hon. Dr. Hubert Minnis said during a community meeting with residents on Tuesday evening.

The Central Bank has indicated that The Bahamas should expect some negative economic fallout as a result of the spread of COVID-19, which has resulted in a global scale back in travel. However, officials are unsure exactly how the local economy will be impacted.

“I’ve asked the Minister of Finance to come up with various financial models to determine how best to respond to a decrease in revenue stream,” Prime Minister Minnis told the standing-room only audience. “We are being proactive and planning for what may come. We are taking the necessary precautions.”

Included in the Government’s COVID-19 plan will be contingencies to assist the poor and marginalized of the society, said the Prime Minister.

The Prime Minister strongly encouraged residents not to panic and to follow the prevention steps to minimize the risk of COVID-19 being circulated by the Ministry of Health, including frequently and thoroughly washing hands, covering your mouth and nose when coughing or sneezing with your elbow or sleeve, and avoiding close contact with anyone showing symptoms.

As of Tuesday 10 March, there were no suspected, recorded or confirmed cases of COVID-19 in The Bahamas.

The Ministry of Health has put in place concrete steps to prepare and respond to the rapidly evolving COVID-19, including the establishment of a high level multi-sectoral task force, in-country testing for COVID-19, the enhancement of public health surveillance efforts and facilities, and training for healthcare providers.

Prime Minister Minnis told residents that health officials are expected to hold town meetings in various Family Islands as part of a public education campaign on COVID-19.

Tuesday’s community meeting is part of the Prime Minister’s continuing effort to maintain regular communication with Family Island communities on national issues.

This latest round of Family Island meetings will also focus on getting residents’ suggestions on community projects that they would like considered by the Central Government.

Advertisement

Prime Minister Minnis invited residents to identify and put forward their top five priorities for their community for consideration in the 2020/2021 national budget planning process.

“If you have any ideas please pass them on to the Local Administrator as soon as possible and no later than 30 March,” said the Prime Minister.

Because there are obviously limited funds and resources in the Budget, the Government will have to review ideas and proposals and decide which ones are priorities and can be funded at this time, especially given the financial constraints following Hurricane Dorian and the potential impact of COVID-19, Prime Minister Minnis explained.

“I think it’s important for me, as prime minister to hear from you and to speak to you directly about the needs in your community,” he said. “It is in keeping with the promise I made to you while on the campaign trail.”

During the question and answer period, the Prime Minister answered residents’ questions about the coronavirus, education and infrastructure projects, among other topics.

Magnetic Media is a Telly Award winning multi-media company specializing in creating compelling and socially uplifting TV and Radio broadcast programming as a means for advertising and public relations exposure for its clients.

Bahamas News

Bahamas Warns Travellers as UN says Middle East Conflict May No Longer Be Contained

Published

on

The Bahamas, March 18, 2026 – Twenty days into the latest Middle East escalation, the United Nations is warning the conflict is spreading beyond its original battlefield, as the death toll rises and governments around the world issue urgent travel advisories — including The Bahamas.

In a March 17 statement, the UN Secretary-General’s office said the war must stop and called for all Security Council resolutions to be respected, noting with concern that countries in the Gulf continue to be targeted, raising fears of a wider regional confrontation.

The current round of fighting began February 28 with strikes involving the United States, Israel and Iranian-linked forces, followed by missile and drone attacks across Iraq, Lebanon and parts of the Gulf.

International monitors report more than 1,300 people killed in Iran alone, with additional casualties reported in Lebanon, Israel and Gulf states. U.S. officials confirm at least 13 American service members have died since the escalation began, while reports indicate additional senior Iranian military leaders were killed in recent strikes.

Despite the growing violence, several NATO countries including the United Kingdom, France and Germany have not joined offensive operations, instead calling for diplomacy to prevent the conflict from widening.

The Bahamas Ministry of Foreign Affairs has also issued a travel advisory, warning Bahamian nationals to avoid travel to Israel, Palestine, Iran and Lebanon and to reconsider travel across much of the Gulf region due to the risk of sudden escalation, flight disruptions and security threats.

Officials say Bahamians already in the region should remain vigilant and be prepared for rapidly changing conditions.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

Continue Reading

Bahamas News

The Bahamas Celebrates Andrew Young at 94 – A Legend Honoured with Love at Baha Mar Gala

Published

on

The Bahamas, March 18, 2026 – The Bahamas showed its deep affection for one of the world’s most respected civil rights leaders as Ambassador Andrew Jackson Young Jr. celebrated his 94th birthday in grand style at a gala held at the Eccho Art Gallery, Grand Hyatt Baha Mar on March 12, 2026.

The evening was filled with tributes, laughter and cultural pride, reflecting what many guests described as a genuine bond between Young and The Bahamas — a country he has long admired and visited often. Those in attendance said the celebration felt less like a formal event and more like a heartfelt tribute to a man whose life has helped shape modern history.

Prime Minister Philip Davis, Foreign Affairs Minister Fred Mitchell, Bahamas Ambassador to the United States Wendall Jones, and U.S. Ambassador to The Bahamas Herschel Walker were among the dignitaries offering remarks, along with Andrew Young Foundation President Gaurav Kumar and other international guests.

The event was co-hosted by veteran broadcaster Karyn Greer of WSB-TV Channel 2 Action News and Bahamian journalist Dr. Deborah Bartlett, who both reflected on Young’s lifelong commitment to justice, diplomacy and public service.

Born in 1932, Andrew Young is widely regarded as one of the most influential figures of the American civil rights movement. He worked closely with Dr. Martin Luther King Jr., served as a key leader in the Southern Christian Leadership Conference, and later became a U.S. Congressman, U.S. Ambassador to the United Nations under President Jimmy Carter, and Mayor of Atlanta.

Over the decades, Young has been honoured by multiple U.S. presidents, including receiving the Presidential Medal of Freedom, the nation’s highest civilian award, from President Bill Clinton. His diplomatic work, civil rights leadership and global humanitarian efforts have earned him recognition across the world.

Guests noted that even at 94, Young remains active, engaged and passionate about international cooperation and human rights, continuing to inspire new generations.

His wife, Carolyn McClain Young, delivered the vote of thanks, expressing gratitude for what she called the warmth and love shown by the Bahamian people.

The celebration ended in true island fashion with a Junkanoo rush-out, bringing guests to their feet in a joyful close to an evening that blended history, culture and admiration.

For many in attendance, the message of the night was simple — Andrew Young loves The Bahamas, and The Bahamas loves him right back.

Developed by Deandrea Hamilton • with ChatGPT (AI) • edited by Magnetic Media.

Continue Reading

Bahamas News

Experts Analyze Economic Landscape; Opportunities and Challenges

Published

on

Nassau, THE BAHAMAS – From pressures on the independence of the US Federal Reserve and relations with China to the instability facing the global economic landscape and how it all impacts The Bahamas’ economy and prospects, Tuesday’s Central Banking Series hosted by University of The Bahamas (UB) in partnership with the Global Interdependence Center (GIC) peeled back the layers of the most critical factors impacting the world’s economic landscape.

At the one-day summit, top economic strategists, policymakers, academics, and economists gave frank and considered insights on the range of opportunities and challenges. In facilitating the high-level talks, UB’s Government and Public Policy Institute (GPPI) continues to provide the platform for evidence-based dialogue on public policy and reform.

“By convening world-class thinkers, policymakers, and practitioners here in Nassau, we affirm that The Bahamas is not solely a subject of global economic forces, but also a participant in the conversations that shape them,” said UB President Dr. Robert Blaine, III.

In his remarks, Minister of Economic Affairs Senator the Honourable Michael Halkitis acknowledged the ripple effects of financial shifts which put pressure on the Bahamian economy, yet he acknowledged that the economy is on the rise. He expressed confidence in the country’s readiness to adapt, citing a deep talent pool and expanding foreign and domestic investments.

“What makes this period particularly significant is the breadth of investment activity across sectors,” said Minister Halkitis, a UB alumnus. “Tourism development remains strong, but it is not the sole driver of growth. Investments are expanding into renewable energy, maritime services, digital infrastructure, agriculture, logistics and the blue and green economies.”

Economist and Former President and CEO of the Federal Reserve of Richmond, Dr. Jeffrey Lacker offered a sobering view on the independence of the US Federal Reserve, a topic that has attracted much national and international in the face of blistering pronouncements by US President Donald Trump.

Dr. Lacker said the Federal Reserve’s choice of monetary policy instrument and setting of the overnight interest rate that it controls should be “free of executive branch and congressional meddling.”

“And by meddling, what I mean is overtly expressed policy direction, opinions about where policies should go, expressed in a way that carries with it the implied threat of adverse consequences to either the individual or the institution, either in the form of legislative changes or some sort of political harassment,” he said.

“The value of insulating day-to-day, meeting-to-meeting monetary policy from pressure from elected officials with an eye on their next election is widely recognized. Neglecting that pressure, caving into that pressure is a road to short-termism, or short-term stimulus at the cost of inflation later on.”

Other pertinent conversations at the summit focused on digital initiatives for financial inclusion, monetary and fiscal policies and strategies in The Bahamas, and the impact of AI on macroeconomic conditions. There was also a special presentation on the history and value of gold. Students from Government High School were among the audience members gaining knowledge from experts.

“When we determined the theme for this year, being Challenges and Opportunities in a Dynamic Global Environment, we did not know what was going to evolve in recent times,” said GPPI Executive Director Zhivargo Laing, referring to the war that the US and Israel initiated against Iran. “So I would like to think that maybe there was a little bit of insight that was taking place during the course of our discussions. But we are here again for the third time with our partners at the GIC to entertain a deep discussion on just what are those challenges and opportunities in this very dynamic environment in which we find ourselves.”

Continue Reading

FIND US ON FACEBOOK

TRENDING