"National Debt" - Bahamas AI art
©A. Derek Catalano
Bahamas National Debt Reduction
As of March 2024, the national debt of The Bahamas stands at approximately $11.5 billion, representing about 79.9% of the country's GDP. This marks a slight improvement from the previous fiscal year, reflecting the government's efforts to manage and reduce debt levels (Bahamas Finance Budget) (IMF Bahamas Consultation download).
To further reduce its national debt, The Bahamas can implement several strategies:
To further reduce its national debt, The Bahamas can implement several strategies: