Pay for Insurance, only to have to wait months for a negotiated reduced payout based on your level of desperation.
Or have some foreign "hired" adjuster bugger up the assessment.
The Insurance industry really needs regulating.

If the law says land can be granted, even sold or leased but Government for decades has only released it for the politically connected, or by whim of a minister, what other result could you expect? Laws must be obeyed from the top down and enforced unilaterally or the country falls apart.
Tribal rule is loved by those in good favor, despised by those not, but we flip those positions every 5 years and seem satisfied.

Government staff for Disclosures? Pure stupidity, it is the responsibility of the individuals running for office to disclose their personal financial information!

The problem with a minimum wage is it excludes those without the skills to earn it.
Raise Minimum wage and exclude/marginalize more people.
A harsh reality. Our country has far too many unemployables.

The other requirement often omitted is gazetting new laws and amendments to existing laws.
If they do not, (which is often) it makes Ignorance of the law a viable defense in court..

9 layers of bureaucracy for a Bahamian business license, one of which is Local govt, the slowest as it stands now.
Giving any of them power is a mistake, it will be abused. What Ministers and Civil servants actually have is Authority under the rule of law. We have allowed them to exercise personal power, to our demise.
A civil servant or politican can do only that which is allowed by law,
a Private citizen can do anything save that which is prohibited by law.
Understand the difference?

Didn't they borrow U.S. to bolster the reserves during the initial shutdowns of Covid?

So with all government services going online, to reduce leakage and graft,
they're still hiring more dead weight?
And they're worried about N.I.B. going broke?

N.I.B. is simply mirroring the state of the country.
Perhaps it is a competition between N.I.B. and the Treasury, a race to the bottom?

So what exactly are the benefits of a union in the Bahamas?
Should unions be required to audit their books so the members don't get swing?