NASSAU, BAHAMAS — Credit ratings agency Standard & Poor’s (S&P) has affirmed this nation’s ‘B+’ sovereign credit rating with a stable outlook, noting that the Bahamian economy has seen meaningful improvement over the past 12-18 months due to the tourism sector’s performance. The ratings agency noted that the Bahamian economy is recovering after two successive […]
NASSAU, BAHAMAS — Local courts have been digitally upgrading by entering case files into an electronic system, revealed Chief Justice Ian Winder. He explained that millions of pages worth of paperwork were entered into the system by the end of 2022, making the way the court stores and accesses data more efficient and accurate. “One […]
Economic affairs minister says govt already taking steps to address S&P’s concerns Credit ratings agency does “not anticipate meaningful new revenue” in short-term for The Bahamas NASSAU, BAHAMAS — The Davis administration understands the need to urgently address this nation’s level of indebtedness, according to Economic Affairs Minister Michael Halkitis. He noted that the government […]
