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Unemployment decreased from record highs to pre-pandemic levels

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By LLONELLA GILBERT

Bahamas Information Services

#NASSAU, Bahamas, March 12, 2023 – Minister of State for the Public Service, the Hon. Pia Glover-Rolle said unemployment has decreased from record highs to pre-pandemic levels.
 “In fact, since last year, it has already decreased by an additional two per cent,” the Minister of State said during her Contribution to the Mid-Year Budget Debate in the House of Assembly, March 1, 2023.
“Tourist arrivals are exceeding pre-pandemic levels. We are on track for a record-breaking year – kudos to the Member for The Exumas and Ragged Island.”
She said last year, the country experienced eight percent economic growth and the Central Bank is predicting an additional six to seven per cent in economic growth for this year.
 The Minister of State said the government has hired hundreds of new officers in the Royal Bahamas Defence Force, Royal Bahamas Police Force, and Department of Immigration.
 She also noted that within the Public Service, the government paid out double increments across the board and made payments reflecting the increase in minimum wage.
The Minister of State said after years of union leaders crying about poor engagement from government, this government administration has successfully signed over 15 new agreements.
 “Remember when they said the MOU we signed with the unions before the election was just a political ploy? What they fail to understand, that we understand, is that good governance is the best politics. It was in our best interest to keep our word because it was in the country’s best interest.
 “In total, $20 million dollars was budgeted for new union agreements, and we were able to keep expenditures below this amount at $18 million.”
She said this is the first time ever that new agreements did not lead to huge overspending in the budget, because this is the first time that the agreements were actually completely budgeted for.
 Fiscal Management in the Public Service
The Minister of State explained that the Ministry of the Public Service has taken its commitment to fiscal management very seriously.
 “We are largely on target despite a number of items implemented during this fiscal year that were not initially budgeted for. But for the sake of our public servants, we embarked upon an ambitious agenda with a full understanding that some reallocation would be necessary to facilitate high priority items.”
She said, “So far, for the year, we have spent roughly 55 per cent of the allotted budget. We are requesting an additional 8 per cent increase to cover necessary expenses.”
The Minister of State noted that among the major expenses are amounts related to salaries.
 She said compensation of employees widened due to accelerated staff promotions, salary adjustments, hiring for new and existing agencies and units, the payment of arrears, confirmations and reclassifications.
The Minister of State said for Permanent and Pensionable employees, the Ministry is requesting an additional $1.2 million in funding.
 “We have prioritized these items and are working as quickly as possible to get our public servants the money they have earned. My constant refrain has been: behind each delay in payment and each stagnant promotional exercise is a Bahamian with hopes, dreams, and ambitions. For this reason, we will not stop working until every matter is resolved.”
She said the government also funded the return of increments for all permanent and pensionable public servants after they were halted by the previous administration.
The Minister of State said, “Within the first half of this budget cycle, we funded the public service minimum wage increase to cushion the impact of global inflationary forces and improve the standard of living for government employees at the lowest levels of the pay scale.”

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Bahamas News

Fuel Pain at The Pump: Global Tensions Drive Prices Up as Bahamians Feel the Squeeze

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NASSAU, Bahamas — What should be a simple five-minute drive is fast becoming an expensive, hour-long ordeal, as rising fuel prices collide with worsening traffic congestion across New Providence.

As of early April 2026, gasoline prices across The Bahamas have climbed sharply, with motorists now paying an estimated $5.50 to over $6.50 per gallon, depending on the station and grade. The increases, seen at major retailers including Esso, Rubis and Shell, reflect a volatile global oil market driven by escalating geopolitical tensions.

The latest spike — in some cases jumping more than 50 cents per gallon within days — is being driven by uncertainty surrounding escalating tensions involving Iran. U.S. President Donald Trump has issued a direct ultimatum, warning that the United States could launch aggressive strikes on Iranian infrastructure, including power plants and key facilities, if demands are not met. While he has also expressed hope for a swift resolution, the threat of rapid escalation is already rattling global oil markets — and The Bahamas, heavily dependent on imported fuel, is feeling the impact almost immediately.

At the pumps, the frustration is real.

Drivers are now paying significantly more just to sit in traffic. Commutes that once took minutes are stretching into hour-long crawls, burning fuel with little movement and compounding the financial strain. For many residents, the issue isn’t just the price per gallon — it’s how quickly that gallon disappears.

Industry players are also bracing for impact. Higher diesel prices are expected to ripple across key sectors, including trucking, construction, and shipping — all of which ultimately feed into the cost of goods and services. In short, this is not just a fuel story; it’s an inflation story in the making.

Despite the surge, the Bahamas Petroleum Retailers Association has moved to calm fears, confirming that there is no fuel shortage. Supply remains stable, but consumers are being urged to adjust behavior — from maintaining proper tyre pressure to considering carpooling — small measures that could stretch every dollar a bit further.

Retailers, however, are not offering much comfort on price relief. While fluctuations are expected, insiders say the days of sudden price drops are unlikely in the immediate term. The “shock” increases may level off, but a meaningful decline hinges on global stability — something that currently feels out of reach.

For Bahamians, the reality is tightening: higher fuel costs, longer commutes, and a growing sense that relief isn’t coming anytime soon.

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

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FNM’S $200 CHILD SUPPORT PLAN SPARKS DEBATE AS PLP QUESTIONS FUNDING AND SCOPE

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NASSAU, Bahamas — The Free National Movement has rolled out details of its proposed $200 monthly Working Parent Child Support Initiative, but the announcement has already ignited political debate and prompted clarification from the party.

Leader Michael Pintard said the initiative would provide $200 per month to qualifying caregivers during the first two years of a child’s life, as part of a broader push to ease the cost of living for Bahamian families.

The party estimates the programme would cost between $12 million and $14 million annually, with funding to come from reducing what it describes as excessive government spending — particularly consultancy contracts.

However, the proposal quickly drew scrutiny.

The governing Progressive Liberal Party has challenged the feasibility of the plan, questioning how the payments would be sustained without increasing the deficit or introducing new taxes. The response forced the FNM to further outline its funding strategy, emphasizing that a 21 percent reduction in consultancy spending could fully finance the initiative.

The exchange has highlighted a familiar election-season tension — bold proposals versus practical execution.

Beyond the child support plan, Pintard outlined a wide-ranging policy agenda, including:

  • Removing VAT on select essential goods
  • Constructing 5,000 affordable homes within five years
  • Cutting the country’s food import bill by half
  • Strengthening enforcement against illegal immigration
  • Reforming the nation’s healthcare system

Pintard also took aim at the current administration, accusing it of mismanaging public funds and awarding more than $400 million in contracts without competitive bidding — claims which have further fueled political back-and-forth.

“The best way to pay for high-quality public services in the long run is to have a strong, efficient economy,” Pintard said, arguing that government spending must be redirected toward ordinary Bahamians.

While supporters have welcomed the proposals as timely relief for struggling families, critics remain cautious, pointing to unanswered questions around implementation, eligibility, and long-term sustainability.

With election momentum building, the debate surrounding the FNM’s plan underscores a broader reality — Bahamians are being presented with big promises, but increasingly demanding clear answers on how those promises will be delivered.

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

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COI UNVEILS FIRST 100 DAYS PLAN, PROMISING SWEEPING CHANGE AND BREAK FROM MAINSTREAM POLITICS

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NASSAU, Bahamas — The Coalition of Independents has rolled out its First 100 Days Plan, positioning it as a roadmap for rapid national transformation and a clear break from what it describes as the failures of the country’s two dominant political parties.

Leader Lincoln Bain introduced the plan during a recent public presentation, outlining a series of early actions his party says would be implemented immediately upon taking office.

At the heart of the proposal is a push to redistribute access to Crown land, a signature policy of the Coalition, which argues that Bahamians should have greater direct benefit from national resources. The plan also prioritizes the full implementation of Freedom of Information legislation, with Bain framing transparency as a cornerstone of restoring trust in government.

Additional focus areas include proposed reforms to the healthcare system, including improved compensation for nurses and medical professionals, and broader governance changes aimed at increasing accountability and reducing political control over national decision-making.

The Coalition has branded the plan as a historic first, describing itself as the only political group to present a structured 100-day agenda ahead of a general election.

But beyond the policy points, the messaging was unmistakable.

Bain and his team continue to urge Bahamians to move away from the traditional two-party system, arguing that both the Progressive Liberal Party and the Free National Movement have failed to deliver meaningful change despite decades of governance.

“The system is not working for the people,” has been a consistent refrain from the Coalition, which is campaigning on the idea of resetting how the country is governed.

While supporters view the 100-day plan as a bold and necessary shift, questions remain about the level of detail provided, particularly around costing, timelines, and how proposed changes would be executed within the existing structure of government.

Still, the rollout signals that the Coalition of Independents is seeking to position itself not just as an alternative voice, but as a ready governing option — one promising immediate action and systemic reform.

With election momentum building, the emergence of a defined 100-day agenda adds a new dimension to the political landscape, as Bahamians weigh competing visions for the country’s future.

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

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