National
Possible Recession Could Disrupt Financial Trends
NASSAU, BAHAMAS – The Davis administration says the country is on good economic footing following the recent first quarter fiscal report.
NASSAU, BAHAMAS – The Davis administration says the country is on good economic footing following the recent first quarter fiscal report. Financial Secretary Simon Wilson says while the trend is expected to continue there are some headwinds.
One is the possibility of a recession next year along with rising fuel prices.
The government is also pointing to a lowering deficit of $20.6 million which they say is the lowest it’s been in years.
Central Bank Governor John Rolle previously shot down suggestions that a recession is headed for the country.
Wilson describes government revenue as encouraging with a recession impacting mostly lower-income households.
“We’re In The Chair. We Must Fix It, Bottom Line”
It’s Beginning To Look A Lot Like Christmas At The GB Children’s Home
Colours: “Not A-Class or B-Class, We’re World-Class”
Bahamians Hit The Court In College, NBA
26 New Patient Care Assistants To Strengthen Healthcare Sector
GB Chamber Of Commerce Hosts Media Appreciation Event
New Rides And A New Treat For Your Christmas Memories
$30K Bail for Man Accused of March 11 Murder
Man Accused of 2024’s Second Murder Granted Bail
JWB And Vacation Cafe Ramp Up for New Year’s Eve
Former North Abaco MP Disappointed In Area Development
Chief Supt.: “We Have a System That Is Ineffective and It Favors The Criminals”
“We’re In The Chair. We Must Fix It, Bottom Line”
It’s Beginning To Look A Lot Like Christmas At The GB Children’s Home
Colours: “Not A-Class or B-Class, We’re World-Class”
Bahamians Hit The Court In College, NBA
26 New Patient Care Assistants To Strengthen Healthcare Sector
GB Chamber Of Commerce Hosts Media Appreciation Event
-
National2 days agoNew Rides And A New Treat For Your Christmas Memories
-
Court3 days ago$30K Bail for Man Accused of March 11 Murder
-
Court3 days agoMan Accused of 2024’s Second Murder Granted Bail
-
Lifestyle3 days agoJWB And Vacation Cafe Ramp Up for New Year’s Eve
-
National2 days agoFormer North Abaco MP Disappointed In Area Development
-
Crime2 days agoChief Supt.: “We Have a System That Is Ineffective and It Favors The Criminals”
-
National16 hours agoColours: “Not A-Class or B-Class, We’re World-Class”
-
National3 days agoSir Michael Barnett: Serving On The Bench Is An Awesome Responsibility