The Caribbean Export Development Agency (Caribbean Export) is partnering with the World Bank Group to bring greater access to finance for Caribbean entrepreneurs and develop the region’s angel investment ecosystem. … Read More
The Economy
Disconnecting from Global Finance
**The Impact of AML/CFT Regulations in Commonwealth Developing Countries** The Commonwealth Secretariat has released its report on de-risking in the Commonwealth, noting that it seeks to complement and enhance previous … Read More
Prime Minister Christie and Bahamas Cabinet Briefed on Financial Services Industry
The current state of the country’s financial services industry was the focus of an in-depth briefing by the Bahamas Financial Services Board (BFSB), the Association of International Trust Companies in … Read More
Central Bank Governor Addresses De-risking
The Bahamas must continue to demonstrate efforts aimed at the effective implementation of international AML/CFT standards as part of its effort to avoid correspondent banking de-risking according to John Rolle, … Read More
Platform for Collaboration on Tax Reports to G20
***Enhancing the Effectiveness of External Support in Building Tax Capacity in Developing Countries*** The third G20 Finance Ministers and Central Bank Governors Meeting was held in Chengdu, southwest China’s Sichuan … Read More
Tax Design for Inclusive Economic Growth
A new OECD report says Governments should use tax systems to drive an inclusive growth agenda – one that seeks to boost growth while sharing the benefits more evenly within … Read More
World Economic Outlook (WEO) Update
**Uncertainty in the Aftermath of the U.K. Referendum** The IMF has released the July 2016 update to the World Economic Outlook. Highlights: * Before the June 23 vote in the … Read More
Education for a Modern Bahamas
Today, the Hon. Jerome Kennedy Fitzgerald M.P., Minister of Education, Science and Technology, commended the “Bill To Establish the University of The Bahamas” to the Bahamas Parliament for its second … Read More
37th Regular Meeting – CARICOM Heads of Government
The review of the Caribbean Community’s (CARICOM) Single Market Economy (CSME), free movement of labour, security and the budding relationship between Chile and the regional body were among the top … Read More
The Bahamas Government Responds to Moody’s Sovereign Rating Review Notice
Moody’s Investor Services recently placed The Bahamas’ current rating on review for downgrade. The Government immediately responded, noting its confidence that this review will reveal that medium term economic prospects … Read More