Connect with us

Bahamas News

IDB reveals report on COVID-19 pandemic’s impact on The Bahamas

Published

on

By: Lindsay Thompson

Bahamas Information Services

 

 

#TheBahamas, July 25, 2022 – Prime Minister the Hon. Philip Davis commissioned a Disaster and Loss Assessment (DaLA) of the impacts of the COVID-19 Pandemic on The Bahamas, which was carried out by the Inter-American Development Bank (IDB), and the United Nations Economic Commission for Latin America and the Caribbean (ECLAC).

And, the findings outlined in a report reveal billions of dollars in losses, many job losses and impact to the tourism industry.

The Special Presentation of the report was presented on Wednesday, July 6, 2022 at IDB House on East Bay Street.  On hand were the Hon. Dr. Michael Darville, Minister of Health and Wellness; Wayde Watson, Parliamentary Secretary, Ministry of Economic Affairs; Colin Higgs, Permanent Secretary, Ministry of Health and Wellness, and officials of the IDB and ECLAC directly involved in the assessment and compiling the report

“As you are aware, this is a very important report for The Bahamas as it provides lessons from our collective response to the COVID-19 pandemic,” Dr. Darville told the IDB, ECLAC, and other stakeholders present.

Acknowledging that the pandemic continues to make its presence felt in The Bahamas and countries around the world, Dr. Darvlle however said he was not advocating lockdowns, but that collaboration remains a critical part of the country’s comprehensive response.

“For the world and, no differently, for The Bahamas, COVID-19 shocked health systems and shattered economies,” he said, adding that “In The Bahamas it weighed heavily on a previously challenged educational system, strained our social safety net and slammed the country’s tourism industry.”

The Bahamas’ COVID-19 story from health, social, and financial perspectives allows the country to reflect on, and leverage the lessons learned, Dr. Darville said.

“These lessons will help us to take intentional action now to strengthen preparation and also quicken our mitigation measures to meet and withstand unknown, unseen, and unimaginable threats,” he said.

Even without the DaLA, Dr. Darville said all only need to be socially aware to see the dire situation that plagued The Bahamas.

He said that on coming to office, the Davis Administration took the policy decision to strike a delicate balance between preserving life and safeguarding the economy by implementing innovative strategies to protect the health of the public.

“Our policy must be informed by evidence and this evidence is provided by the DaLA, which was prepared using national data available up to early February 2022,” he said.

The report estimates the total cost of the impacts and effects of COVID-19 on The Bahamas at $9.5 billion, with tens of thousands of job losses and long-lasting effects on the country’s tourism sector.

The report also states that the economy is expected to return to its pre-pandemic level only by 2024, mainly because of the gradual pace of recovery in the tourism sector and the long-lasting effects of COVID-19 in this sector.

“Collaboration on these types of reports allows us to create templates that guide our future responses. It is against this backdrop that I wish to say how grateful I am to the Inter-American Development Bank (IDB) and Economic Commission for Latin America and the Caribbean (ECLAC) for their partnership in preparing and producing this DaLA which goes a long way in documenting the COVID-19 pandemic experience in The Bahamas,” Dr Darville said.

He also thanked the IDB for its loan facility of some $65 million in response to the COVID-19 impact on health infrastructure on the Family Islands. “This loan facility is so vital to our healthcare system,” he said.

 

PHOTO CAPTIONS

 BIS Photos/Kristaan Ingraham

 

Header: The Hon. Dr. Michael Darville, Minister of Health and Wellness addressing a Special Presentation of the Disaster and Loss Assessment (DaLA) of the impacts of the COVID-19 Pandemic on The Bahamas, prepared by the Inter-American Development Bank (IDB), and the United Nations Economic Commission for Latin America and the Caribbean (ECLAC).  The event was held on Wednesday, July 6, 2022 at IDB House on East Bay Street.

Continue Reading

Bahamas News

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

Published

on

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.

Continue Reading

Bahamas News

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

Published

on

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.

Continue Reading

Bahamas News

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

Published

on

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.

Continue Reading

FIND US ON FACEBOOK

TRENDING