Tuesday, June 11, 2019

New business ‘bolstering economic growth’ in The Bahamas

Deputy Prime Minister and Minister for Finance Peter Turnquest

NASSAU, Bahamas — Deputy Prime Minister and Minister of Finance Peter Turnquest has attributed “bolstering economic growth” in The Bahamas to the nearly 4,000 businesses created in the past year.

“When we talk about this growing economy and this 1.6 percent growth in GDP, this is an abstract concept for a lot of Bahamians. What is not an abstract concept is that 3,777 new business have been established and issued licenses just within the last year,” he said as he started debate on the 2019/2020 budget in the House of Assembly.  Read more >>