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Blacklisting and regional political unrest concerns, as Bahamas goes to 30th CARICOM Inter-Sessional

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#Nassau, February 25, 2019 – Bahamas – Prime Minister the Most Hon. Dr. Hubert A. Minnis will lead a delegation to the 30th Inter-Sessional Meeting of the Conference of Heads of Government of the Caribbean Community (CARICOM), in St Kitts, February 26-27, 2019.

Heads are expected to engage in several side meetings to advance diplomacy and bilateral agreements among Member States.  High on the agenda for The Bahamas are the recent Blacklisting by the European Union and the political unrests in Haiti and Venezuela.  Senior Policy Advisor to the Prime Minister, Joshua Sears discussed the importance of the Meeting, which takes place just months before Regular Meeting of the Conference of Heads of Government of the Caribbean Community.

Inter-Sessional meetings came about after Heads discovered that many items on the Agenda for the Regular Meeting could not be adequately dealt with. Hence, a meeting in between is held to address any issues which might require urgent attention.

“But there are also special meetings by Heads which are called to deal with specific matters. For example, most recently Heads met to deal with the situation in Venezuela, and after 9/11 Heads met in special session to deal with that specific issue and the economic implications for Caribbean countries,” Mr. Sears said.

“So Inter-Sessional will give the Prime Minister and other Heads of Government a chance to assess some critical issues.”

According to Mr. Sears, the Intersessional Meeting covers a full slate of issues over a two-day period.

“Quite a lot can be done in two days. The Agenda has been set and streamlined to have focused discussions. There will be some long hours but that’s the tradition and we have no concerns about our ability to complete the Agenda,” he said.

Among the Agenda items are: the CARICOM Single Market and Economy, Security issues, Blacklisting and Border Issues.

Just recently The Bahamas, and several other Caribbean countries, was placed on a European Union Blacklist, which requires additional scrutiny regarding financial transactions.

“For many years CARICOM has been advocating for a fair process and we will see now that that voice has resonated with developed countries,” Mr. Sears said.

The United States also made its statement on the EU’s process and it is anticipated that CARICOM Heads of Government will also renew their commitment to working together as a group to call for a fairer process.  “The entire CARICOM region is adversely impacted by these regulations,” Mr. Sears said, adding that, “The good thing about it is through the Financial Action Task Force countries agreed to recommendations to improve their financial sectors and by each country taking the necessary steps… we follow each other and adopt the best practices, Heads share their views, Central Banks Governors meet and they share views and they all work towards making these recommendations more relevant to address the financial concerns of the international financial community.”

Acknowledging that these are “vexing problems” for The Bahamas and CARICOM as a whole, Mr. Sears said that the developing countries within the EU feel that these centres are causing them to lose tax revenues.  “Personally, I don’t think that’s a justified conclusion, for them to take the steps they are taking particularly when countries have demonstrated their commitments to improving legislative framework and policy framework. I think they are misguided in that respect,” he said.

Heads are to also view updates on applications for Associate Membership from Aruba, Curacao and Saint Maarten.

“Heads agreed some time ago for these countries to be considered for membership as these countries already have relations with CARICOM so its basically, in essence, a formality,” Mr Sears said.

Regarding the CARICOM Single Market and Economy, although The Bahamas joined the Caribbean Commiunity (CARICOM) on July 4, 1983, it remains out of the CSME which is an enlarged market offering a single economic space for the production of competitive goods and services.

“The Bahamas is not frowned upon for not joining the CSME, we make decisions based on our national interests and we certainly have been a part of CARICOM. We have attended Heads of Government meetings and there are lots of areas in which we participate like the Community Council of Ministers, the Council of Foreign and Community Relations, the organization dealing with health and social development and many other areas of collaboration within the Caribbean Community. So from our point of view there is not a concern in terms of about being isolated from or being negatively impacted,” Mr. Sears said.

Regarding border issues, he pointed out that a concern for The Bahamas and other member-states is the political crisis in Venezuela, which has impacted several Member States in a direct way.

“Guyana has been bearing the brunt of the humanitarian crisis in terms of people crossing the border. Trinidad has been impacted and there have been a few incidents reported. This has been on the world stage,” Mr. Sears said, “Also the situation in Haiti has been one of concern for CARICOM and the president of Haiti (is expected) to brief CARICOM.  Of course, the impact on us in terms of the illegal migration is one of critical concern.”

Heads will also have chance to dialogue with the President of Estonia, Her Excellency Kersti Kaljulaid. It is customary that one special guest is allowed at these meetings.

The Prime Minister’s Delegation will include the Hon. Darren Henfield, Minister of Foreign Affairs, Mr. Sears, Viana Gardiner, Chief Operating Officer, Prime Minister’s Delivery Unit; Erica Wells-Cox, Director of Communications Office of the Prime Minister and other government officials.

On the margins of the Inter-Sessional, there’s the 10th Special Meeting of the Community Council of Ministers on February 25, which will be attended by Ministers of Foreign Affairs.

The 30th Inter-Sessional Meeting of the Conference of Heads of Government of the Caribbean Community just precedes the 40th Regular Meeting of the CARICOM Heads of Government Conference scheduled for July in Saint Lucia.

“It’s critical for the Bahamian public to appreciate and understand that CARICOM is an organization which has a strong voice in international relations. We have a strong voice on issues. Sometimes the Bahamian people don’t appreciate the need and the necessity for governments to participate in these organizations.

“The world is such a small place and we all try to develop best practices and standards and there are policy issues which impact education and the legal framework which calls for collaboration between Governments.  When we go to the OAS, or the Commonwealth of Nations or the United Nations, CARICOM’s voice is one, which is very important too. We attend these meetings as part of that whole process,” Mr. Sears said.

By Lindsay Thompson

Release: BIS

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New Manifestos Released as Bahamas Heads to Historic May 12 Vote

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The Bahamas, April 14, 2026 – With the 2026 Bahamian general election set for May 12, the country’s major political parties have now formally placed their plans before the electorate, offering competing visions for governance, growth and relief.

The governing Progressive Liberal Party (PLP), led by Philip Davis, launched its “Blueprint for Progress 2026” on April 8, 2026, outlining a 46-page plan focused on long-term development and systems reform. The document places heavy emphasis on energy transition, digital government, workforce training and food security, positioning the party as one seeking continuity following its first term. The full plan is publicly available online through official PLP platforms for voters to review.

Just days later, on Sunday, April 12, the opposition Free National Movement (FNM), under Michael Pintard, unveiled its 2026 Manifesto at a major event in Nassau. Spanning 54 pages, the document centers on cost-of-living relief, tax reform, healthcare expansion and housing, offering what the party describes as a more immediate response to economic pressures facing Bahamian families. The FNM has also made its manifesto accessible online.

Beyond the two major parties, the Coalition of Independents (COI) had already entered the policy space earlier, formally unveiling its long-range Vision 2030 framework on Saturday, March 1, 2025, at the Fusion Superplex in Nassau during a packed national launch led by party leader Lincoln Bain. That framework has since been complemented by a 100-day action plan released in late March/early April 2026, adding a short-term policy layer to its long-range proposals.

These policy rollouts come as the country prepares for a pivotal vote, with the Parliamentary Registration Department confirming a voters’ register of approximately 203,000 eligible voters, one of the largest in the nation’s history. Key dates are now set, with Nomination Day on April 16, followed by advance polls on April 30, ahead of General Election Day on May 12.

With platforms now in the public domain and the timeline locked in, the focus shifts squarely to the electorate—who must now weigh the promises, examine the plans and decide the country’s direction at the polls.

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

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From Concept to Approval: What a 2019 Water Security Plan Now Means for Bahamians

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The Bahamas, April 14, 2026 – At its core, the $65 million water security project is designed to strengthen the reliability, safety and resilience of the water supply across The Bahamas.

If implemented as planned, the investment is expected to improve water quality, reduce contamination risks and support public health, while increasing supply reliability and limiting service disruptions during droughts or system failures. The project also aims to expand and upgrade infrastructure, including wellfields, pumping stations and storage capacity, and to protect freshwater resources from saltwater intrusion—an increasing threat for low-lying islands. In practical terms, that could mean cleaner, more consistent and more dependable access to water for residents across the country.

The project was first conceptualised in 2019 under the previous administration, when a proposal was submitted to the Green Climate Fund to strengthen the resilience of the country’s water systems. That early work came just months before Hurricane Dorian exposed the vulnerability of national infrastructure, including critical water and sanitation systems, particularly in the northern Bahamas.

The initial phase focused on developing the concept, identifying priority areas and engaging regional and international partners, including the Caribbean Development Bank, to support the design and preparation of a full funding proposal.

Following the change in government in 2021, the project advanced into its most technical and demanding stages. The current administration oversaw the completion of key requirements, including feasibility studies, environmental and social assessments, and detailed financing negotiations with international partners—steps necessary to move the proposal from concept to approval.

That multi-year process has now culminated in approval of a $65 million financing package, combining grant funding with concessional loans to support long-term upgrades to the country’s water infrastructure.

While the project brings significant international support, it is not entirely free money. The package is structured as a blended financing arrangement, combining grant funding with concessional loans—meaning a portion of the funding will ultimately need to be repaid. Based on information released by the Caribbean Development Bank, approximately $25 million of the total package is tied to loan financing, with the remaining portion provided as grant support.

Concessional loans typically carry more favourable terms than commercial borrowing, including lower interest rates and longer repayment periods. However, they still represent debt obligations that will be borne over time.

Notably, detailed terms of the loan components—including interest rates, repayment schedules and any associated conditions—were not disclosed in the initial announcement issued by the Office of the Prime Minister (Bahamas). Those details are expected to be outlined in formal financing agreements, but have not yet been made public.

For Bahamians, the project represents both investment and obligation. While the grant funding provides a significant boost to infrastructure development, the loan component adds to the country’s long-term financial commitments—making transparency around terms and implementation timelines especially important.

While the approval marks a significant milestone, the timeline for delivery remains a critical factor. Based on information available from project partners, implementation is not expected to begin immediately. The initiative is anticipated to move into its execution phase later in 2026, following finalisation of financing agreements and completion of preparatory requirements.

From there, the project is projected to unfold over several years, with estimates suggesting a multi-year implementation period of up to seven years to fully deliver the planned upgrades to water infrastructure across The Bahamas.

This means that while the funding has now been approved, the benefits will be realised gradually rather than all at once. A definitive completion date has not been publicly outlined, and detailed timelines tied to specific islands or phases of work have yet to be disclosed.

For Bahamians, the question now shifts from approval to execution—when funds are drawn down, when construction begins, and how consistently the project moves from plan to delivery.

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

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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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