BREAKING: IMF dishes another dose on the Bahamian economy

BREAKING: IMF dishes another dose on the Bahamian economy

The Bahamas faces more potential streamlining as the International Monetary Fund (IMF) released its lates report assessing the Bahamian economy and once again recommending more cutbacks.

The latest report recommends a $240 million ‘adjustment’ in order to reach its fiscal responsibility targets.

The report did note that while The Bahamas is on target to achieve its projected 2017-2018 goals, more cutbacks are still needed.

Citing the public service as one of the possible areas to impose cutbacks, the report suggested that government spending be reduced.

Eyewitness News will have more on this story later today.