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Passed:  $388.9 Million Budget for TCI for 2022-2023

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By Deandrea Hamilton

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#TurksandCaicos, May 12, 2022 – Government spending for the Turks and Caicos Islands is projected to swell by 20 per cent and the PNP Administration is optimistic about what the increase will mean toward national development.

According to the presentations, earnings for the TCI Government are expected outpace expenses in the Budget which was passed in Parliament on Thursday May 5, 2022 and it gives TCIG an additional $78 million as approved for spending in the new fiscal year.

“Despite, the challenges around the world, our policies and priorities are deliberately designed to position our country to continue its economic rebound through 2022 and 2023.   We are projecting that economic growth will be fueled by continued strong recoveries in the tourism, construction, and the real estate sectors.

Local authorities and the international rating agencies believe that as long as the strong performance in the tourism, construction, and real estate sectors remains, Real GDP will continue to grow.

They are forecasting a greater than 7% growth in 2022, and an average growth of around 5% for the following 3 years – i.e. 2023, 2024, and 2025.

This positive forecast comes on the heels of estimates that the TCI economy grew by more than 10% in 2021.

Notwithstanding the very strong growth last year, the GDP remains below pre-pandemic levels. Mr. Speaker, the economy is simply “catching up” after a significant decline of approximately 27% that it experienced in 2020.

Mr. Speaker, our Government will continue to use all the tools at our disposal to expand and diversify the economy, and most importantly create opportunities and prosperity for all our people,” said the Deputy Premier.

The PNP administration with its Budget presented under the banner: ‘An Economy that Works for All People, Opportunity and Prosperity’ has created a new category in the expenditure estimates, and it gives the National budget a category called Economic Affairs which due to its focus areas makes it the allocation leader.  For the first time in decades, health care will not get the lion’s share of the TCI budget, Economic Affairs will.

According to DP and Minister of Finance E. Jay Saunders this includes:  infrastructure development and land acquisition; tourism product enhancement, agriculture, catastrophic risk insurance; Environmental and Coastal resources; Energy & Utilities and Media & Communications.

“We want our people to live their best lives! We are laying the foundations to advance growth and development. We are creating a future that our people can look forward to and one that our young people can get excited about.

We made several promises in The People’s Contract on how we would create that future,” said Hon Saunders in his maiden Budget Communication.

The allocation for Economic Affairs is $103 million dollars; putting the new grouping at the top of the heap.

At No. 2 is health care.

“Mr. Speaker, the health of our people continues to be a significant priority of our Government. That is why we are allocating over $78.9M (20%) of the budgeted expenditure to health care delivery.  Our focus remains the provision of quality care, including: Public Health and Hospital Services; Mental Health; Research; Health Emergencies;  Dental; Laboratory Services; the promotion of Healthy Lifestyles, and Policy Planning.

The third largest allocation said Hon Saunders is $63.7 for public order and safety.

“Of this amount:  $32.5M will go towards Police Services; $19.2M is for the Law Courts, AG Chambers, Director Public Prosecution, Judicial Administration, and the Labour Tribunal; $8.2M for Public Order, including Disaster Management, Customs and Border Protection, Immigration, and Repatriations;      $5.4M for Prisons, Correctional, and Rehabilitation Services and $1.3M dollars for Fire and Rescue.”

In the No. 4 spot is what the minister called General Public services and including the Governor’s office, the Premier’s office and the House of assembly and Education rounds out the top 5 with an increase to $37.5 million this financial period.

“Like prior PNP administrations, we are increasing the education and training capacity of the TCI.  We are focused on creating modern schools that are accessible, equipped with the latest technical tools, and the right student/ teacher ratios.

We are creating curricula that provides the right mix of literacy, numeracy, and technology to best position our students to thrive in the global marketplace.

We are continuing our investment in early childhood, primary, secondary, tertiary, and vocational education with an investment of $37.5M.

Our priorities include:  Improving early childhood, primary, secondary, and tertiary education;  Providing scholarships to young people at the community college level; Maintaining recreational/sporting facilities;  Supporting TVET pursuits.”

These and other national spending reveals came in the Budget Communication delivered by the minister on Tuesday May 3, 2022.

As the Budget Communication rolled out the future for spending, Hon Saunders introduced the plans with comparisons, providing some context on the economic performance of the Turks and Caicos Islands for the previous period.

“Mr. Speaker, the Import Receipts tell a story of feverish activity, especially in the construction sector.  As an example, total Merchandise Imports – i.e. imports into the country – for Calendar Year 2021 were valued at $485.9M, which was a year-over-year increase of approximately $136M (39%) over 2020.

And I am happy to report that 2022 is looking equally as strong.

During the first three months of 2022 (i.e., January – March), Merchandise Imports increased by $59.7M over the same period in 2021. In the first quarter of 2021, Merchandise Imports were valued at $93.9M. This year, first quarter imports were at $153.6M. That’s a 64% improvement!  Mr. Speaker, that is performance!”

Turks and Caicos Islands in the 2021-2022 fiscal year over-earned by $90 million dollars and underspent by $20 million dollars, for what was a banner year all around.

In what may be its best performance ever the TCI economy has generated a $391 million dollar revenue.

In addition to that, the government spent a staggering $20 million dollars less than was budgeted for the year 2021-2022.

“From this surplus, we put $67.6M into the country’s Cash Reserves, which increased it from $121.7M (the balance at the start of the financial year on the 1st April 2021) to $189.4M – the closing balance at the end of the financial year (i.e. 31st March 2022).

That is a 56% increase Mr. Speaker, and that is performance!

Mr. Speaker, due to the country’s strong financial performance under our Government’s stewardship, we have not had to draw down on any of the pre-approved debt facilities at our disposal. And as a result, Mr. Speaker, I am proud to report that we retired the $80M revolving Credit Facility obtained in 2020.”

DP Saunders said $5.8 million is for new projects including a mobile police station and a totally new station to replace the rundown facility which is home to Grand Turk police.

“An additional $1.4M has been allocated to enhance border protection and security. The TCI Regiment will see an increase in its reserve force by 20 officers, with 2 full time permanent posts. A Defence Board will be established to provide oversight.

12 Marine officers will be added to the Royal Turks and Caicos Islands Police Force (RT&CIPF), plus 10 new Immigration Officers. In addition, more money will be allocated to the RT&CIPF to improve intelligence gathering and investigations as we step up crime fighting efforts.”

With all this financial buoyancy from the last fiscal period, Deputy Premier Saunders said this coming financial period is forecast to be even better.

The government’s revenue is projected to hit nearly $400 million dollars well ahead of the 2025 goal.

“That is why I am delighted to report to this honorable house and to the listening public, that:

  1. Total Revenues collected for financial year 2021/22 was $391.1M, and 2. For the entire financial year of 2021/22 (i.e. from 1st April 2021 to 31st March 2022), which was our Government’s first year in office, every month, we achieved a surplus.

Mr. Speaker, I believe this level of annual revenues to be historic, but I stand to be corrected. Mr. Speaker, $391.1M is: $145M (59%) higher than the average revenues collected over the past 10 financial years, $77.3M (25%) higher than the $315M achieved in the previous best year (i.e. FY2019/20) over the past 10 financial years for revenue collections, $27.5M (7.6%) higher than our original forecast of $363.6M, and $188.8M (93.3%) higher than the Collections for FY2020/21 of $202.3M.

That is performance Mr. Speaker, but we should not be surprised, ‘as The plans of the diligent lead to profit…’ (Proverbs Chapter 21, Verse 5). Mr. Speaker, what seemed optimistic last year, with the blessings of God, now seems pessimistic.

Mr. Speaker, our healthy Operating Surplus, coupled with prudent spending practices, have allowed our Government to maintain a resilient Cash Flow position and strong Cash Reserves,” said E. Jay Saunders, the Minister of Finance, Investment and Trade and Deputy Premier of the Turks and Caicos Islands.

The National Budget was debated over two days and passed in the House of Assembly on Thursday May 5, 2022.

News

Premier Delivers Four Key Messages  

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Housing. Healthcare. Accountability. Investment.

 

By Deandrea Hamilton

PROVIDENCIALES, Turks and Caicos Islands — In four major appearances over the past week, Premier Charles Washington Misick delivered what may amount to the clearest outline yet of his government’s vision for the future of the Turks and Caicos Islands.

Whether speaking about housing, healthcare, public sector leadership or the broader economy, a consistent theme emerged: the country must move beyond simply recording economic growth and begin building the foundations of a stronger nation.

The Premier’s message was unmistakable.

“The story of the Turks and Caicos Islands over the last decade has largely been a story of growth,” Misick said during his Business Outlook 2026 address. “The story of the next decade must be a story of nation-building.”

That nation-building agenda rests on four major pillars: expanding home ownership, strengthening public institutions, improving quality of life through healthcare, and investing aggressively in infrastructure and development.

Housing as a Pathway to Prosperity

Speaking following Parliament’s passage of the Mortgage Corporation Bill on June 3, the Premier described home ownership as a cornerstone of economic inclusion and wealth creation.

The passage of the Mortgage Corporation Bill 2026 represented one of the most significant legislative achievements highlighted by the Premier.

The new law establishes the Turks and Caicos Islands Mortgage Corporation, a statutory body designed to increase access to mortgage financing, support affordable housing development and expand opportunities for Turks and Caicos Islanders to own homes.

Misick framed the initiative as more than a housing programme.

“The Mortgage Corporation Bill 2026 is a step forward, an important step, but it is part of a larger journey,” he said. “A larger journey towards a more inclusive housing system, a stronger middle class and a more equitable economy.”

He argued that economic growth must create opportunities for Islanders to build wealth and establish roots in their own country.

“We are building an economy that works not just for some but for all,” the Premier stated. “An economy in which every Turks and Caicos Islander has a fair chance to own, to build and to belong.”

The government expects the Corporation to support first-time homebuyers, families building on inherited land and broader affordable housing initiatives throughout the islands.

A Healthcare Milestone with Regional Significance

At the national certification ceremony recognizing the elimination of mother-to-child transmission of HIV and Hepatitis B, Misick celebrated what he called a defining moment for the country.

The Premier also used a national ceremony recognizing the elimination of mother-to-child transmission of HIV and Hepatitis B to reinforce his vision of stronger institutions and better outcomes for citizens.

The Turks and Caicos Islands has achieved validation for the elimination of mother-to-child transmission of HIV and became the first country in the region to achieve the same distinction for Hepatitis B.

Misick described the accomplishment as evidence that the country can lead on issues of national importance despite its size.

“Today is a proud and defining moment for the Turks and Caicos Islands,” he said.

“This is not simply a health sector success. It is a national accomplishment. It speaks to strong governance, effective partnerships, and a shared belief that every person matters.”

The Premier said the achievement demonstrated the importance of public confidence in institutions and pledged continued investment in healthcare services.

“As a Government, we remain committed to investing in health, strengthening our systems, and ensuring that quality care is accessible to all who call these islands home.”

A Direct Challenge to the Public Service

Addressing government leaders at the Public Service Leadership Forum 2026, the Premier on June 4 delivered one of his strongest critiques yet of bureaucracy, absenteeism and delayed decision-making.

Perhaps the most candid of the four speeches came during the Public Service Leadership Forum, where Misick challenged senior government officials to embrace accountability and reject complacency.

The Premier argued that many of the obstacles facing government performance stem not from a lack of money or legislation, but from leadership failures.

“There are times when decisions that should take days take weeks,” he said.

“There are times when issues that require action become trapped in endless consultation, excessive caution, or bureaucratic delay.”

He also raised concerns about absenteeism, poor performance management and what he described as an unhealthy fear of taking risks.

“The people we serve do not expect perfection,” Misick said. “They expect leadership. They expect judgment. They expect action.”

The address repeatedly emphasized results over process and urged public servants to focus less on excuses and more on execution.

“The people of these Islands are not interested in how many meetings we attend,” he said. “They are interested in results.”

The Shift from Growth to Nation-Building

In his June 5 Business Outlook 2026 address, Misick broadened the discussion beyond economic growth and laid out what he called the foundations of nation-building. The most expansive vision came during the Business Outlook 2026 address, where Misick outlined what he called the foundations of long-term prosperity.

While celebrating record tourism arrivals, strong government revenues and a development pipeline exceeding $4 billion, the Premier argued that economic growth alone is insufficient.

“Growth alone is not success. Growth alone is not development. Growth alone does not guarantee resilience,” he said.

Among the pillars he identified were stronger public institutions, sustainable tourism, balanced development across the archipelago, infrastructure investment, housing, education, workforce development and economic diversification.

At the centre of that strategy is the government’s proposed borrowing programme of up to $350 million.

Misick defended the initiative as a necessary step to accelerate infrastructure development and address long-standing bottlenecks.

“This is not borrowing for consumption,” he said. “This is borrowing for development.”

The funds are expected to support investments in infrastructure, healthcare, housing, public utilities, climate resilience and digital transformation.

For the Premier, the goal is clear.

“The objective is not merely to create a larger economy,” he said. “It is to create a stronger country.”

Taken together, the four speeches reveal a government seeking to define its second term not simply by economic expansion, but by building institutions, communities and opportunities designed to endure long after the current growth cycle has passed.

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Bahamas News

New GPS Evidence Prompts Fresh Search for Missing American Woman in Abaco

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ABACO, BAHAMAS — Nearly two months after American sailor Lynette Hooker vanished in waters off Abaco, investigators are preparing to conduct a new search based on GPS and navigation data that reportedly challenges the account originally provided by her husband.

The case, which first drew international attention in early April, began when Brian Hooker told authorities that his wife was swept away after falling from an inflatable dinghy during rough conditions in waters near Elbow Cay.

Initial search efforts involving Bahamian and U.S. authorities covered extensive areas of the Sea of Abaco but failed to locate the missing Michigan woman.

Now, according to multiple U.S. media reports, investigators have obtained electronic navigation and GPS data that appears to place the couple’s dinghy in a different location from where searchers initially concentrated their efforts.

The new information has prompted authorities to reopen search operations and seek permission for divers to examine a more targeted area of the Sea of Abaco.

Unlike the broad search that followed Hooker’s disappearance, the renewed effort is expected to focus on a relatively shallow section of water, reportedly about 25 feet deep. Investigators believe the location may offer a better opportunity to recover evidence and potentially answer lingering questions surrounding the disappearance.

The latest development marks a significant shift in the investigation.

What began as a maritime search-and-rescue operation has evolved into a complex multinational investigation involving Bahamian authorities, the United States Coast Guard and the Federal Bureau of Investigation.

Brian Hooker was detained and questioned by Bahamian authorities following his wife’s disappearance but was later released without charges. While investigators have never publicly accused him of a crime, reports indicate he remains a person of interest as authorities continue to examine the circumstances surrounding the case.

Hooker has repeatedly denied any wrongdoing and has maintained that his wife accidentally fell overboard.

The investigation has intensified in recent weeks. U.S. authorities have reportedly seized the couple’s sailboat, Soulmate, transporting the vessel to Florida for forensic examination. Investigators are said to be reviewing onboard electronics, digital records and other potential evidence as part of the ongoing inquiry.

The case has also attracted attention from Lynette Hooker’s family, who have continued to press for answers and support efforts to locate her.

The renewed search comes after Brian Hooker returned to the United States following the disappearance. Reports indicate he cited family reasons, including concerns about his mother’s health, for leaving The Bahamas.

For investigators, however, the focus now appears fixed on the newly identified search area and the electronic evidence that led them there.

Whether the latest operation produces answers remains to be seen. But nearly eight weeks after Lynette Hooker disappeared in the waters of Abaco, authorities believe new technology and new information may finally provide a clearer picture of what happened that night.

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News

Firearms, Migration Enforcement and 61% Crime Drop Highlight Bailey’s Year in Review

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By Deandrea Hamilton

PROVIDENCIALES, Turks and Caicos Islands — The dramatic decline in murders may have captured public attention, but newly released Year in Review graphics from Police Commissioner Fitz Bailey reveal a much broader policing strategy that the Royal Turks and Caicos Islands Police Force says is producing measurable results across the territory.

Among the standout achievements highlighted in the Commissioner’s 2025-2026 review is the recovery of 22 illegal firearms and more than 500 rounds of ammunition during 2025.  The graphics also show that four additional illegal firearms were seized during the first quarter of 2026.

The Police Force credits proactive policing, intelligence-led operations and community partnerships with helping remove weapons from the streets and reducing opportunities for violence.

The review also points to what may be the most significant statistic in the package: a 61 percent reduction in overall crime.  While the graphics do not provide a detailed breakdown of offences contributing to that decline, the figure suggests improvements extended well beyond homicide investigations and into broader categories of criminal activity.

Other accomplishments cited include strengthened border security operations, the detention of more than 1,100 irregular migrants, the dismantling of illegal settlements, the launch of a Human Trafficking Unit and expanded highway patrol initiatives.

The Force also highlighted increased engagement with communities through schools, churches and outreach programmes, investments in officer training and professional development, and modernization of information technology and communications systems.

For the tourism-dependent Turks and Caicos Islands, the review sought to reassure visitors that the destination remains safe.  Police recorded 43 incidents involving tourists during the review period, including 18 offences against the person, 23 property-related offences and two offences against the state.

Using annual visitor estimates of approximately two million arrivals, the Force argues that tourists remain overwhelmingly safe while vacationing in the territory.

The review also confirms the much-publicized reduction in murders. According to the data, murders fell from 48 in 2024 to 27 in 2025, representing a 43.75 percent decline.  The graphics further indicate that no murders were recorded during the first quarter of 2026.

While the figures paint a picture of improving public safety, they also raise questions that many residents will likely want answered as the conversation turns from crime reduction to criminal accountability.

Notably absent from the review are statistics related to arrests, charge rates, case clearances, prosecutions and convictions.  The graphics demonstrate that crime is declining and that firearms are being removed from communities, but they do not indicate how many suspects were arrested in connection with major crimes, how many cases resulted in charges, or how many offenders were ultimately convicted before the courts.

Those metrics have long been viewed as important measures of police effectiveness, particularly in serious crimes such as murder, shootings, robberies and firearms offences.  While the latest review focuses heavily on outcomes and operational achievements, future reporting on arrest and conviction rates may provide a more complete picture of how successfully the criminal justice system is converting police investigations into courtroom victories.

Still, Commissioner Bailey’s review makes a clear argument: that a combination of proactive policing, strategic enforcement, border security initiatives and community engagement has contributed to a safer Turks and Caicos Islands.

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