In a word..bleak.

All the more reason to close out accounts at these Canadian banks and patronize Bahamian banks like Fidelity and Commonwealth bank.

Yes. For the most part merchants are not to blame, what about a little personal responsibility? Last fiscal year Abaco Markets had gross revenues of $175 million and just $4 million net income. Is this being greedy …hardly, they paid far more in taxes to the government. How about their exorbitant and unnecessarily high electricity bill because this government failed to hedge our oil price and continues to coddle a union who has the highest wages and benefits in this country while many can not afford to keep the lights on? I empathize with this young lady and she deserves assistance but why have unprotected sex with such a degenerate? Condoms and other forms of birth control are free at every government clinic in this country.

Not accurate birdie, 40% owned by these families, 40% owned by government and 20% owned by public

And the cruelest joke of all is that they tell us to go to our govt clinic for medications 😂😂😂 I live in the family islands and the last time I needed medication the doctor called out asking the nurse if they had 4 different medications she could prescribe and they had none. Our government is a failure and joke perpetrated on the Bahamian people.

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.

Amen. Same old corrupt PLP.

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.