Don’t need the IMF. Belize restructured and lowered their foreign currency bonds three times in last 20 years w no involvement of the IMF. Last time they issued a blue bond where 85% of bond holders agreed to reduced rates in return for conservation commitments. We can easily do the same if we have competent, innovative civil servants and if not consultants can easily carry the water. Let’s leverage our incredible marine environment. For e.g. commit to no further oil drilling or development in mayaguana or inagua or creation of more marine parks in exchange for blue loans at very low rates.
What our government should do ( which means it won’t) is to voluntarily enter an IMF structural adjustment program and use a loan from the IMF at a very low interest rate to buy back our high interest rate foreign currency debt at a 40% discount. This would knock billions off our national debt and instantly lower our debt to GDP ratio.
Great sign. More competition can only be good for Bahamian consumers and economy. I hope they offer brokerage services for BISX. Trading commission fees are ridiculously high in this country.
I live in Long Island and the people I speak to welcome this project. Long Island is 70 miles long with miles and miles of bush, our local economy has regressed in the last 10 years, particularly after hurricane Joaquin. Yes, we need this project done in as environmentally friendly way as possible, to the maximum benefit of Bahamians, particularly long islanders but make no mistake we desperately need the economic growth and jobs this project will provide.
The entire current management of BPL should resign. We have had a never ending litany of dumb ass people managing BPL all to the detriment of the Bahamian people. When will we ever privatize this cesspool?
DonAnthony says...
Yes. This was a straight up attempt to steal from the Bahamian people. PLP should be ashamed of themselves. The sense of entitlement is reprehensible.
On BERMUDA COSTS ‘WILL BE’ PAID UP: PM admits PLP cheque did not cover full costs
Posted 27 October 2022, 4:16 p.m. Suggest removal
DonAnthony says...
Amen. Same old corrupt PLP.
On BERMUDA COSTS ‘WILL BE’ PAID UP: PM admits PLP cheque did not cover full costs
Posted 27 October 2022, 11:27 a.m. Suggest removal
DonAnthony says...
Don’t need the IMF. Belize restructured and lowered their foreign currency bonds three times in last 20 years w no involvement of the IMF. Last time they issued a blue bond where 85% of bond holders agreed to reduced rates in return for conservation commitments. We can easily do the same if we have competent, innovative civil servants and if not consultants can easily carry the water. Let’s leverage our incredible marine environment. For e.g. commit to no further oil drilling or development in mayaguana or inagua or creation of more marine parks in exchange for blue loans at very low rates.
On Minister: ‘Nothing wrong’ with the Bahamas’ bonds
Posted 19 October 2022, 4:52 p.m. Suggest removal
DonAnthony says...
What our government should do ( which means it won’t) is to voluntarily enter an IMF structural adjustment program and use a loan from the IMF at a very low interest rate to buy back our high interest rate foreign currency debt at a 40% discount. This would knock billions off our national debt and instantly lower our debt to GDP ratio.
On Minister: ‘Nothing wrong’ with the Bahamas’ bonds
Posted 19 October 2022, 2:52 p.m. Suggest removal
DonAnthony says...
Great sign. More competition can only be good for Bahamian consumers and economy. I hope they offer brokerage services for BISX. Trading commission fees are ridiculously high in this country.
On Proven competition: Jamaica group targets Bahamas move
Posted 14 October 2022, 8:08 p.m. Suggest removal
DonAnthony says...
I live in Long Island and the people I speak to welcome this project. Long Island is 70 miles long with miles and miles of bush, our local economy has regressed in the last 10 years, particularly after hurricane Joaquin. Yes, we need this project done in as environmentally friendly way as possible, to the maximum benefit of Bahamians, particularly long islanders but make no mistake we desperately need the economic growth and jobs this project will provide.
On Long Island cruise port build-out to hit $500m
Posted 14 October 2022, 2:07 p.m. Suggest removal
DonAnthony says...
He needs more shingles.
On Shane Gibson: I’ll run in next election
Posted 11 October 2022, 9:44 a.m. Suggest removal
DonAnthony says...
The entire current management of BPL should resign. We have had a never ending litany of dumb ass people managing BPL all to the detriment of the Bahamian people. When will we ever privatize this cesspool?
On BPL eyed 58% lower costs than fuel hike
Posted 5 October 2022, 3:50 p.m. Suggest removal
DonAnthony says...
Looks like another slush fund to dole out contracts to friends and win votes. Why is it the government’s responsibility to fix private homes?
On Ministry seeking to repair 1,000 homes
Posted 1 October 2022, 2:58 p.m. Suggest removal
DonAnthony says...
I see banks getting same D average as our public school students.
On Banks facing ease of business ‘scorecard’
Posted 30 September 2022, 3:15 p.m. Suggest removal