Statement From The Bahamas Foreign Ministry On Social Media Complaints of Inmate In Panama

In Panama, a foreign prisoner does not have the automatic right to transfer to their country of origin

There is a social media post that suggests that there has been a lack of attention to Bahamians serving sentences in Panama.  It is not the intention of the public officials of the Ministry to engage in exchanges with inmates, their friends or family members on social media on confidential consular matters.

People who are incarcerated in foreign jurisdictions and their families are necessarily stressed by their situations.  However, each complaint that reaches the ministry is investigated, properly, and objectively assessed.

We advise all citizens traveling anywhere that the government does not provide legal services.  It is up to the individual to acquire legal representation.

In Panama, a foreign prisoner does not have the automatic right to transfer to their country of origin.  Each request is considered on its individual merits after at least half of the sentence has been served.  The decision is at the option of the Panamanian government, not the Bahamian government.

The Ministry is thoroughly familiar with the inmate and we have asked a consular representative to make a visit later this month.

Be assured that the Ministry of Foreign Affairs takes the welfare of Bahamians abroad seriously.

11th October, 2024

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Sustainable Development and Prosperity for All Bahamians and The Posterity in The Bahamas

The Bahamas - A Nation in Crisis: A Roadmap for Economic Recovery, Debt Reduction, and National Development in The Bahamas

By Dr Kevin Turnquest-Alcena
Nassau, The Bahamas

The Bahamas, once a leading economic force in the Caribbean, is now at a critical juncture.  The national debt has ballooned, competitiveness has waned, and global competitors, like Bermuda, have overtaken The Bahamas in key sectors such as captive insurance and financial services.  This situation poses serious risks for the nation's future stability, especially considering the lack of financial buffers to withstand natural or economic disasters.

The time for comprehensive reform is now.  The Bahamas must act decisively to address issues in immigration, inland revenue, financial regulation, and urban development, while leveraging examples from countries like Singapore, India, and Jamaica that have successfully implemented similar reforms.  Through bold and innovative measures, The Bahamas can reduce its debt, foster economic growth, and build a resilient future for all Bahamians.

1. Commendation for Inland Revenue and Insurance Sectors

The Inland Revenue Department and insurance sectors are integral to the financial stability of The Bahamas.  Their recent progress in collecting taxes and generating revenue has been commendable, but more must be done to ensure efficiency and sustainability.  The reliance on contract workers, many of whom lack adequate training, has been a challenge.  By transitioning these workers to permanent roles and providing formal training that includes a minimum C grade in Math and English, the government can create a stable and efficient workforce capable of driving tax collection efforts (Bahamas Ministry of Education, 2021).

This initiative must be paired with an increase in the minimum wage to ensure that workers are fairly compensated, thereby boosting morale and increasing consumer spending.  Such measures will help alleviate economic challenges while promoting greater stability in the workforce.

2. Addressing National Debt and Economic Competitiveness

The Bahamas faces a crippling national debt, which as of 2020, had exceeded 103% of GDP (Central Bank of The Bahamas, 2021).  If not addressed, this debt will hinder the country’s ability to invest in critical sectors like infrastructure, education, and healthcare.  Countries like Norway and the UAE have successfully mitigated such risks by creating sovereign wealth funds, which serve as financial buffers during times of crisis.  Establishing a similar fund in The Bahamas could provide a safety net in the event of natural disasters or economic downturns.

Additionally, The Bahamas must reform its financial services regulations to remain competitive on the global stage.  Bermuda’s rise as a global leader in captive insurance is a direct result of its business-friendly regulatory environment.  The Bermuda Monetary Authority has created a balanced regulatory framework that encourages innovation while maintaining compliance, thus attracting international businesses (Bermuda Monetary Authority, 2020).  The Bahamas must take similar steps to regain its competitive edge.

3. Leveraging Customs Instruments and Targeted Taxation for Revenue

To boost national revenue, The Bahamas can implement a sugar tax or similar levies on unhealthy products such as sugary drinks and fast food.  This model has been successful in New York City, where taxing sugary beverages and junk food has raised revenue and improved public health outcomes (New York City Department of Health, 2019).  Such taxes in The Bahamas would target large multinational companies, such as McDonald’s, and provide funds that can be reinvested into critical areas like healthcare, education, and sports development.

Revenue from these taxes should also be allocated toward developing youth programs, supporting social services, and funding national initiatives that promote health and well-being across the country.

4. Reforming Immigration Policies for Nation Building and Economic Development

The Bahamas’ current immigration policies are too restrictive and limit the country’s ability to attract skilled professionals, entrepreneurs, and digital nomads.  Countries like Canada and Singapore have implemented practical immigration policies that bring in skilled workers who contribute to their economies (Canadian Immigration and Citizenship, 2020).  The Bahamas should follow this model, easing immigration restrictions to attract multinational companies (MNCs) and skilled workers who can drive economic growth.

Additionally, undocumented immigrants who are currently part of a parallel economy should be brought into the formal system.  Legalizing their status would allow them to contribute to tax revenues and reduce the strain on public services, while also enhancing national security.  Immigrants are a crucial part of nation-building, and The Bahamas must capitalize on their potential to stimulate economic growth.

5. Implementing a Regulated National Lottery for Systematic Revenue Generation

A regulated national lottery could provide a valuable source of revenue for The Bahamas, funding essential sectors like sports, education, and social services.  Countries such as Barbados and the United Kingdom have used national lotteries to generate significant revenue for national development initiatives (Barbados National Lottery Report, 2020).  Implementing a similar system in The Bahamas would reduce the national debt and provide consistent funding for key public services.

By regulating the lottery, The Bahamas can ensure that funds are allocated systematically, with a focus on youth development, national sports programs, and education.  This will not only alleviate debt but also foster national pride and engagement.

6. Revamping Banking Regulations for Entrepreneurs and Business Development

The Bahamas' banking regulations are currently too restrictive, making it difficult for entrepreneurs and small businesses to access capital.  To support entrepreneurship and stimulate economic growth, the government must implement banking legislation that simplifies access to loans and financing for startups and small businesses.

Countries like India have successfully implemented banking reforms that support small and medium-sized enterprises (SMEs), which are vital to their economy.  By adopting similar reforms, The Bahamas can foster a business-friendly environment that encourages innovation and investment (Government of India, 2020).  Additionally, exchange control policies should be modernized to attract foreign direct investment (FDI), as investors are more likely to bring capital into a country where financial regulations are transparent and flexible (IMF, 2021).

7. Revitalizing Downtown Nassau and Developing Special Economic Zones (SEZs)

Downtown Nassau is in dire need of revitalization.  The area’s colonial architecture is deteriorating, and the lack of modern infrastructure has made it difficult to attract multinational corporations (MNCs) and tourists.  By redeveloping Bay Street into a modern economic hub, The Bahamas can attract global businesses and create jobs for local residents.  This redevelopment should focus on creating a dynamic space for local businesses and international companies, driving economic activity and tourism.

Additionally, The Bahamas should establish Special Economic Zones (SEZs), similar to those in Dubai and Singapore, offering tax incentives and regulatory relief to attract foreign companies and investors.  SEZs can serve as innovation hubs for technology, finance, and entrepreneurship, positioning The Bahamas as a competitive player in the global economy (Government of Singapore, 2020).

8. Strengthening the National Accreditation and Equivalency Council of The Bahamas (NACoB)

The National Accreditation and Equivalency Council of The Bahamas (NACoB) is responsible for ensuring that the country's educational institutions meet international standards.  However, NACoB requires reform to ensure that it is staffed by individuals with the necessary academic and professional qualifications to maintain ISO quality standards.

Countries like Jamaica have successfully implemented educational reforms by appointing qualified professionals to lead their accreditation bodies, ensuring that institutions are held to high standards (Government of Jamaica, 2019).  The Bahamas should adopt a similar approach to strengthen NACoB and ensure that the country's educational institutions are globally competitive.

9. Establishing Planning Commissions for Sustainable Development

The Bahamas must establish Planning Commissions modeled after those in India and Singapore to ensure long-term sustainability and development.  India’s NITI Aayog, for example, serves as a central policy think tank that drives economic growth and development (Government of India, 2020).  Similarly, Singapore’s Economic Development Board plays a crucial role in shaping the country’s economic policies, ensuring that Singapore remains competitive globally (Government of Singapore, 2020).

The Bahamas should establish independent planning commissions tasked with setting national growth targets, managing resource allocation, and evaluating the performance of government departments.  These commissions must be free from political interference and staffed by professionals who understand global best practices in policy development.

10. Conclusion: A Call for Introspection, Reform, and Nation Building

The Bahamas stands at a pivotal moment in its history.  Faced with mounting national debt, declining competitiveness, and an outdated regulatory framework, the country must undertake comprehensive reforms to secure its future.  The examples set by Singapore, India, Bermuda, and Jamaica show that transformation is possible with visionary leadership, practical policies, and a commitment to nation-building.

By reforming immigration policies, modernizing banking regulations, strengthening inland revenue, and implementing a regulated national lottery, The Bahamas can create a more competitive business environment, reduce national debt, and foster long-term economic growth.  Moreover, the revitalization of downtown Nassau and the establishment of Special Economic Zones (SEZs) will attract international businesses and generate jobs, while reforms to NACoB will ensure that the country’s educational institutions meet global standards.

This is not just about economic reform; it is about building a better future for our children, grandchildren, and generations to come.  We must look inward, evaluate our strengths and weaknesses, and implement policies that ensure sustainable development and prosperity for all Bahamians.  Through visionary leadership, investment in human capital, and a commitment to global best practices, The Bahamas can emerge stronger, more resilient, and ready to take on the challenges of the 21st century.

The journey will not be easy, but it is necessary if we are to leave behind a Bahamas that is prosperous, peaceful, and prepared for the future.  We owe it to future generations to act now—together, we can build a nation that not only thrives economically but also serves as a beacon of hope and progress for the world.

Source

References

Barbados National Lottery. (2020). Annual Report. Retrieved from https://www.barbadoslottery.com/

Bermuda Monetary Authority. (2020). Annual Report. Retrieved from https://www.bma.bm/

Canadian Immigration and Citizenship. (2020). Annual Report. Retrieved from https://www.canada.ca/en/immigration-refugees-citizenship/corporate/publications-manuals/annual-report.html

Central Bank of The Bahamas. (2021). Annual Economic Review 2020. Retrieved from https://www.centralbankbahamas.com/research-publications

Government of India. (2020). About NITI Aayog. Retrieved from https://niti.gov.in/

Government of Jamaica. (2019). Education System Transformation Programme. Retrieved from https://www.moey.gov.jm/

Government of Singapore. (2020). Singapore Economic Development Board. Retrieved from https://www.edb.gov.sg/

IMF. (2021). Bahamas Staff Report. Retrieved from https://www.imf.org/external/pubs/ft/scr/2021/cr21248.pdf

New York City Department of Health. (2019). Sugary Drinks Taxation and Health. Retrieved from https://www1.nyc.gov/

Foreign Labour versus Bahamian Labour in The Bahamas

The imbalanced Bahamian labour market in The Bahamas

Foreign Labour vs. Bahamian Labour

By Jamal Moss

In the Bahamian labour market, a notable disparity exists between the wages and job opportunities available to foreign workers versus Bahamian nationals.  Foreign workers often occupy high-paying positions, while locals frequently find themselves in lower-paying roles or receiving significantly lower wages for similar job titles.

This imbalance can lead to economic inequality and social unrest, with Bahamians feeling marginalized in their own country.  Addressing this issue requires a multifaceted approach to ensure fair employment practices and opportunities for locals.

Possible Solutions

To address the misalignment between Bahamian labor market supply and demand, several measures can be implemented:

1. Skill Development and Training Initiatives: It is essential to develop targeted training programs that align with the qualifications needed for high-paying occupations in sectors such as tourism, finance, and technology.  By investing in skill development and certification programs, Bahamian workers can better meet the demands of these growth sectors.

2. Promoting Local Entrepreneurship: Encouraging local entrepreneurship can create more high-quality job opportunities for Bahamians.  Providing grants, low-interest loans, and business development services can support small and medium-sized enterprises (SMEs), fostering economic growth and technological advancement.  Jean-Pierre (2022) highlights the importance of such initiatives in boosting local employment and reducing social costs.

3. Policy Review and Reformation: Policies should be re-evaluated to prevent foreign labor from directly competing with local workers.  Setting parameters for the employment of Bahamians and implementing quotas for foreign workers in specific sectors can help balance the labor market.

4. Public-Private Partnerships: Developing partnerships between the government and private sector can enhance internship and apprenticeship programs.  These partnerships can provide on-the-job training for Bahamians, bridging the gap between education and employment, and improving access to better-paying jobs.

By implementing these strategies, The Bahamas can work towards creating a more equitable labor market, ensuring that Bahamian workers have fair opportunities and are better positioned to contribute to and benefit from the country's economic growth.

References

Jean-Pierre, M. (2022). The education system of The Bahamas: The first quarter of the twenty-first century. In The education systems of the Americas (pp. 91-117). Cham: Springer International

Source

The Bahamian Brain Drain - By Jamal Moss>>>

The Bahamas Brain Drain

The Bahamas needs to improve its educational system to mitigate the brain drain and improve human capital

By Jamal Moss

Nassau, The Bahamas

Employment and Labor Market in The Bahamas

The challenges of Bahamian labor markets comprise various complex issues that affect the strength of its economy.  This article delves into three critical issues: brain drain in The Bahamas, wage employment of foreign workers to Bahamian workers in quality jobs, and measures to build up the middle class in the wake of taxation and inflation.

Thus, these issues are noted, and corresponding gradual commonsense changes are suggested, considering the nature of the Bahamian labor market and possible directions for its development.  First, I wish to focus on the brain drain problem affecting The Bahamas and offer incremental solutions.

Brain Drain in the Bahamas

The Bahamas faces the challenge of brain drain where educated and profound personnel migrate from the country to other developed countries where they are well rewarded.  The issue deprives the government of human capital, which is crucial in the country’s development process.  This situation is critical since high levels of unemployment, particularly among our youthful population, compel such brains to migrate in search of opportunities elsewhere.

The Bahamas has to promote educational opportunities, provide favorable working conditions, improve job procurement services, and encourage those who left to return home.  Our island nation has to retain talented people and attract gifted individuals necessary for the country’s development.

Every year, an average of 5000 students leave high school, and university graduates get to seek higher education in other countries.  Hence, there are not enough jobs or poorly paid according to their education level waiting for them.  The Bahamas should advance educational rights, demonstrate employers’ benevolence, and augment job assistance.  The Bahamas has to keep the human capital and draw skilled people, which is essential for the country's progress.

Incremental Solutions

The Bahamas needs to improve its educational system to mitigate the brain drain and improve human capital.  Financing in higher education institutions and vocational training centers will help provide quality education and training (The Nassau Guardian, 2023).

Having linkages with other institutions worldwide for exchange programs can help learners gain international benchmarks and retain talent by providing the best learning environment within their country.  Such an approach will enhance the quality of learning and place the Bahamian qualifications in parity with the international standards, making Bahamian graduates more marketable within and outside The Bahamas.

It is significant to establish a favorable working atmosphere.  Enhancing working conditions and pay will make local markets for jobs more appealing.

Bonuses such as medical coverage, pension and perks etc increase morale and, thus, worker retention.  This helps in enhancing The Bahamas government guarantee its professionals have access to such crucial benefits (Watson & Gustave, 2022).

By these possible commonsense solutions, The Bahamas can increase the attractiveness and support of its labor force so that it would not be tempted to work in another country.  Focusing on the staff’s growth and encouraging them to participate in various courses and seminars is beneficial and results in a more devoted and loyal human capital.

Another essential strategy is enhancing employment placement services.  Improving job placement and career counselling services will be necessary to match those graduating with appropriate jobs within the country.

People can use technological advancements to develop a central database for employment vacancies.  Encouraging Bahamians living in other countries to return home, tax relief, relocation allowance, and preferential employment would enhance recruiting qualified staff.

Other convincing cases regarding people becoming returnees may also encourage others to do the same, ultimately benefiting the country’s talent pool and overall progress.  We cannot continue to allow our young fresh minds to slip through our hands so easily like sand.  We must be intentional in fixing this leak. 

Source

Foreign Labour versus Bahamian Labour in The Commonwealth of The Bahamas - By Jamal Moss>>>

The Decline of The Bahamas

The Steady Decline of The Bahamian Nation - The Bahamas

By Dennis Dames
Nassau, The Bahamas

The public's perception of the Royal Bahamas Police Force (RBPF) is at an all time crying low - in my view. Recent bad news about the Force and some of its Officers has added unfavourably to how the Bahamian people see the Police, and their organization.

The Coroners Court has concluded lately that a number of Police Officers have committed manslaughter in the excution of their duties. This has left a totally bad taste in the mouths of many citizens and residents generally - and has widen the distrust between the Police and the general public - which has eroded further the national security of The Bahamas.

To make matters horribly worse, a senior Officer of the Force - who occupied a high position of trust and responsibility - is accused of engaging in serious criminal activities with a high profile, highly and politically connected, potentially rogue and criminal-minded attorney, and street gangsters; some of whom have been murdered on the streets of Nassau in recent times. This has created a public scandal of monumental proportions.

The leadership of the Police Force along with the government of the day - seem to be taking the matter very lightly - in my opinion. Thus, the Bahamian community's view of the Police and the government - is one of complete disgrace. The handling of such a serious situation to date has left one to wonder if the powers that be have decided that they will gamble politically and just pretend that all's well.

Well, all is not well in The Bahamas under the political and immoral leadership of the status quo and its devoted facilitators. The Bahamian public feels as if endemic wholesale corruption, incompetence and criminality in high places throughout the Commonwealth of The Bahamas - is the order of the day which the shamelessly corrupt leadership of the nation holds so dearly close to their demonic hearts and souls.

The fruit of such diabolical corruption in high places will continue to rip apart the Bahamian nation. The wickedly corrupt political and otherwise leaders in The Bahamas do not care about the future welfare of their own friggin children! So, the future of The Bahamas will be more and more of the much sought after devilish corruption in high places - while powerful criminals and blood-thirsty bosses have their way with impunity!

How very sad - as many so called good Bahamian men and women remained silent! It looks like every Bahamian citizen are standing on the sidlines just watching The Bahamas descend in to the pits of hell.

The Bahamas Bar Association President, Kahlil Parker, KC, indicated that the organization will not rush to judgment on allegations that an attorney has involvement in leaked voice notes that led to Chief Superintendent of Police, Michael Johnson going on leave

Calls on The Bahamas Bar Association to comment on allegations of recordings, and allegations that an attorney has involvement in leaked voice notes that led to Chief Superintendent of Police, Michael Johnson on leave  

The Bahamas Bar Association said yesterday it will not allow itself to be coaxed into “rash action” regarding allegations surrounding the leaked voice notes that led to Chief Superintendent Michael Johnson going on leave earlier this month.

Those audio recordings, which were shared on Facebook by a user who purports to be a whistleblower, detail purported conversations between a man who identified himself as Mikey, at the time a wanted suspect, and two other men.

In the wake of the release of the recordings, and allegations that an attorney has involvement in the matter now under investigation by police, at least one attorney has called on the Bar Association to comment on the allegations.

But Bar Association President Kahlil Parker, KC, indicated that the organization will not rush to judgment.

“The Bahamas Bar Association advocates consistently for the transparent, considered, and fair administration of justice in the Commonwealth of The Bahamas and cannot therefore allow itself or its processes to be cajoled or harangued into rash action with respect to a clearly evolving situation or otherwise,” Parker said in a statement.

“The Royal Bahamas Police Force has publicly declared its pending investigation, which we support. We will closely observe that process and look forward to the publication of the results thereof. It is anathema to our mandate to engage in reckless and uniformed commentary that may undermine the proper investigation of substantive matters of concern.”

Parker said the Bar Association will not be making further comments on the situation.

Last week, Commissioner of Police Clayton Fernander said the RBPF’s Security and Intelligence Branch was overseeing an investigation into the voice recordings. Fernander said international entities from the US and UK will also assist in the investigation to ensure the probe is “independent, impartial and fair”.

One of the men captured on the recordings, is said to be Michael Fox Jr., who was shot dead in May. Last week, Fox’s father, Michael Fox Sr., told The Tribune it was his son’s voice in the recordings and claimed he had the voice notes in his possession but did not release them.

The audio details separate conversations with the wanted suspect purportedly attempting to negotiate turning himself in to police and what it would cost for him to be released after he is questioned.

On Friday, Free National Movement (FNM) Senator Michaela Barnett-Ellis said the allegations have shaken public confidence in the legal system.

“It is imperative that we continue to have absolute confidence in the Royal Bahamas Police Force, the courts and the members of our Bar Association,” Barnett-Ellis said. “We must be confident in their ability to act justly, honestly and to uphold the law without fear or favor.”

After the recordings went viral earlier this month, Fernander announced that Johnson has gone on garden leave, pending the investigation. During this time, Johnson will receive his full pay and benefits.

The Bahamas Prime Minister on a New Energy Era for The Bahamas

Transforming our country’s energy sector has been a priority for us from the start, says Bahamian Prime Minister, The Hon. Philip Brave Davis, KC., MP.,

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On the one hand, we have been compelled by the urgency of change – the need to relieve Bahamian families and businesses from the burden of high prices and unreliable electricity supply.

Relief is an important-enough goal – especially during a global inflation crisis.

But we are also motivated by our profound conviction that our economy can be more competitive, more prosperous, more dynamic, and more inclusive — with more paths to security and success for more Bahamians.

We have very big ambitions for our country and for the Bahamian people.

However – you can’t build a 21st century economy with 20thcentury infrastructure.

In every conversation I have with entrepreneurs, business owners, and investors – from the very smallest to the very largest – the high cost of electricity, and the costs and uncertainties associated with unreliable supply, inevitably come up.

For most Bahamians, the only bill bigger is their rent or mortgage payment.  Major bills are a major burden – which means less disposable income, which means less spending and investment in our local economy.

And, of course, high bills for businesses means high operating costs, affecting our competitiveness and our ability to diversify, and creating obstacles to growth and development – impacting investments, business expansions, and job creation.

Now – even with all of those problems, we’re a special-enough country that we’ve come roaring back after the dark days of, Hurricane Dorian, pandemic curfews and lockdowns, breaking big records, with substantial new investments and job growth.

Just imagine what we could accomplish if we had affordable, reliable, clean energy!

That’s where we’re finally headed.

But right before we get to the hopeful part of today’s launch – the solutions! – I want to make sure you all have an understanding of the scale of the challenge.

Important parts of our electricity infrastructure, including some transformers and substations, are more than 50 years old – they date back to before independence!

It’s hard to describe the experience of listening to engineers emphasize that critical parts of our grid are on the verge of collapse – with no chance of revival, once they go down.

And then there are the generation engines – 60% of BPL’s plant in New Providence, and 80% in the Family Islands, need replacement within the next five years.

So we have an aging, vulnerable, deteriorating, expensive system, dependent on heavy and diesel fuels, that cannot meet current needs – let alone the growing energy needs of a digital economy, or the increased demand we have to anticipate as temperatures rise in this new climate era.

If you’re wondering how much it costs to rescue and modernize our grid – I have an answer for you: about half a billion dollars.

Of course, BPL is carrying a legacy debt of the same amount —  more than $500 million, not to mention an unfunded pension liability of $100 million.

I could go on – about the grid’s vulnerability to storm damage, the inability of our current system to integrate renewable energy, the tens of millions in rental costs annually which contribute to high prices – but I can see you’re ready to move from problems to solutions.

As were we.  We understood that as urgent as change was, the quick short-term fixes that have been the historical pattern have not served our country well.

We knew we needed comprehensive, innovative reform.

Today, we’re excited to share these policies with you, which include:

- A foundational update to transmission and distribution in New Providence, so we can have a more stronger, more resilient, more modern, more efficient power grid – critical to gaining both lower prices and increased reliability;

- For the first time, utility-scale solar power in New Providence – 70 MW of solar power, and 35 MW of Battery Energy Storage Systems will be integrated into the grid;

- Solar power throughout our Family Islands – where new hybrid microgrids will incorporate solar power and natural gas, allowing us to eliminate expensive BPL rentals, replace aging generation units, and establish battery storage systems;

- Natural gas as a partner fuel to solar, to create important savings that can be passed on to the consumer;

- Energy Efficiency Upgrades, including energy audits and efficiency upgrades for government buildings, educational outreach to consumers, LED street lighting, and rooftop solar at schools; and:

- New electricity legislation (Electricity Act 2024), which allows for stronger consumer protections, and – very importantly, as you’ll hear momentarily – allows adjustment to the tariff rates to support consumers who most urgently need relief from high prices.

I’d like to pause here to say that when I asked Minister Coleby-Davis last September to become the country’s Minister of Energy, we discussed our shared priorities for energy reform, which included:

- Immediate relief for Bahamian families

- Reforms that lead to lower prices, and fair prices, over the medium and long term

- Increased reliability

- Increased grid resilience during storms

- Cleaner energy, with a lower carbon footprint…

- An ironclad commitment to union workers, including job and pension security

- New entrepreneurial, employment, and investment opportunities for Bahamians…and:

- Strengthening the financial position of BPL, to ensure legacy debts are addressed.

To the Minister’s credit, she jumped right in and never looked back.

Which is why this morning, she has the honour of sharing more of the details of these big new policies.

And as I turn things over to her, I will close by reminding everyone – we didn’t come here to defend the status quo, we came here to change it.

We are determined to close the gap between our national potential and our national reality – and with this very big and ambitious agenda of reform and investment, we believe we are well on the way to ensuring that a new energy era will lead also to a new economic era – a new era of opportunity for all.

Source

Energy Minister JoBeth Coleby-Davis on a new energy era in The Bahamas>>>