#TheBahamas, October 9, 2023 – During her Speech from the Throne on October 4, 2023, Governor General Her Excellency the Most Hon.
Cynthia Pratt said that survey results from 2020 confirm that The Bahamas remains one of the top 10 most expensive countries in the world.
“The high cost of living is a major cause of financial stress and psychological distress in the country,” Her Excellency said during the Opening of the New Session of Parliament in Parliament Square.
Her Excellency said her Government does not wish to overburden any section of the community, but does seek to make the economy fairer.
She explained that to provide a better framework for businesses and consumers, her Government will
introduce the following measures:
• A new Registrar General Bill to re-organize the operations of the Registrar General’s Office. This will help to ease the burden of doing business in The Bahamas.
• A new online company registry portal which will help to make the process of registration more efficient.
• A new online civil platform, to provide efficient and transparent services to Bahamians.
Her Excellency said her Government is also mindful of the need to provide for greater protection of consumers, and will therefore introduce Consumer Protection legislation.
“As the cost of energy is a significant driver of high costs in the country, My Government will undertake a ‘root and branch’ review of the energy sector, and has recently established a Ministry of Energy to implement effective, long-lasting solutions.
“My Government has already launched programmes to install 100 megawatts of solar energy in Nassau, and new blended power facilities incorporating a minimum of 50 per cent solar generation in 16 locations throughout the Family Islands.
“The introduction of renewable energy is a fundamental component of our promise to drive down the cost of electricity.”
Her Excellency said her Government remains especially committed to implementing clean energy in New Providence, by moving to sources of renewable energy, and becoming less dependent on fossil fuels.
“Building on these efforts, my Government will therefore introduce the following legislation:
• A new Renewable Energy Bill that will provide a legislative and regulatory framework for the expansion of renewable energy generation.
• A new Liquid Natural Gas Bill that will provide a legislative and regulatory framework for development of
LNG generation – which will produce lower carbon emissions than the current system – along with the
regulation of bunkering and blending LNG facilities in The Bahamas.”
(BIS Photos/Eric Rose)
Bahamas as Caribbean top 2024 Spring Destination
#Bahamas#Tourism, February 23rd, 2024 – The Bahamas has been categorized as the most popular Caribbean destination for travel in the upcoming spring season by travel insurance company Squaremouth, in a new report. It was the only Caribbean nation to make the list for the top 10 destinations. The report is derived from travel insurance purchases made through Squaremouth.
Regional Soldiers head to Jamaica to train for pending Haiti mission
#Haiti#KenyaMultinationalForce#CARICOM, February 22nd, 2024 – About 150 Bahamian soldiers are heading to Jamaica within the next one or two weeks for a joint training with Jamaican soldiers, in preparation for the pending Kenya led multinational force mission to Haiti according to Bahamian Defense Chief Commodore, Raymond King, in reports. Soldiers and security forces from Chile and Argentina will also travel to Jamaica for the training.
King informs that Kenya and Haiti are in the process of signing off on an agreement to allow Kenya to lead the force into Haiti, following advice from Kenya’s High Court which recently deemed Kenya’s decision to deploy police officers to the gang run nation as unconstitutional. This agreement includes a formal request for assistance from Haiti, allowing Kenya to legally intervene on the ground.
Major plans for The Bahamas announced Davis
#Bahamas#Development,February 22nd, 2024 – “Things are changing in The Bahamas,” were the words of Prime Minister Philip Davis as he outlined some of the Government’s plans to improve the nation through a decrease in the cost of living, enhanced security for Bahamians and the expansion of access to opportunities. Davis, who was presenting on February 21st, the Bahamas Mid-Year Review of the fiscal performance for the fiscal year 2023/2024, highlighted a long list of plans for the archipelago.
Here’s the full list stated in Davis’ address :
- A new energy policy and an expansion of renewable energy, including microgrids, and an emphasis on engaging local Bahamian firms and building local professional capacity;
- An expansion of Bahamian ownership in our economy, including support for entrepreneurs, small and medium sized enterprises, and an expansion of affordable housing –with hundreds of families moving into new homes by this summer;
- A modern and award-winning specialized tourism product, with new investments across our archipelago, and major visibility and branding campaigns in New York, Florida, and the UK;
- Progress on redeveloping downtown Nassau, long overdue;
- New commitments to education, including a Parental Engagement Unit; more teacher training, modernizing the curriculum, classroom enhancements, improving school attendance, and using the Renaissance testing results to design individualized support for students;
- An expansion of technical and vocational training, including certification at the high school level;
- An Empower Grand Bahama micro-grant programme for entrepreneurs; $1.5 billion in investments for Grand Bahama in the pipeline; the Beautiful Grand Bahama programme, in which collaboration has led to safer communities; and Collab Grand Bahama, which fosters partnerships between the government and the private sector to bring change and progress to Grand Bahama;
- Major upgrades to our health infrastructure;
- More support for our athletes and sports programmes;
- We’re on track to pave 65 miles of road in New Providence alone this year;
- Investments in NIB to improve fairness and efficiency;
- A National School Breakfast pilot programme, which is already giving thousands of our children breakfast in their primary schools, and is ready to expand;
- New classes, camps, lessons, and programmes at our Urban Renewal Centres;
- A Youth Guard to strengthen our capacity during national emergencies, and give more young Bahamians a path forward;
- A Task Force addressing unregulated shantytowns in New Providence and Abaco, with other islands to follow;
- The selection and training of new immigration officers;
- Saturation patrols and new investments and collaboration in crime prevention;
- A juvenile detention facility;
- A cadre of officers trained to recognize and manage psychiatric issues;
- Stronger partnerships and new patrol vessels to secure our nation’s borders;
- Major new investments across our Family Islands, including new airports, and road paving in Andros, Bimini, Cat Island, Abaco, Long Island; Great Harbour Cay, and Crooked Island;
- The development of our nation’s blue carbon credits strategy; and
- A major investment in agriculture and national food security.
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