Regrettably, this is not the first time we have been warned by an international agency. Back in 2003 the International Monetary Fund's (IMF) Article IV Consultation Report on The Commonwealth of The Bahamas raised several key concerns, namely: a. The failure of the Bahamian government to take aggressive measures to reduce large fiscal deficits and the growth of public debt. b. The failure of the Bahamian government to take even small steps in addressing the need for serious tax reform. c. The failure of the Bahamian government to take any measures to address the impending financial crisis in the National Insurance scheme. d. The failure of the Bahamian government to deal with the country's steady loss in external competitiveness; in particular, the need to undertake structural reforms in labor markets to reduce costs and the need to privatize utilities to lower utility costs. e. The repeated failure of the Bahamian government to develop current national income accounts that would support informed policymaking.
Who is the poor, I see allot of people buying Tummy’s and Jordan’s outfit and then turn around saying they are poor, poor my foot. Numbers houses are always taking from the so call poor, but how could you say are poor when still playing numbers, the rich do not play numbers, they are investment Bankers.
Also what happen to the new School policing policy? This young went to school the teachers should direct him to one of the police who is on the campus instead of sending him back home
The cost of running the Government is too big, we have to reduce the size of the civil servants it’s too large for a small Country like the Bahamas. The Government of the Bahamas was warned on this matter by the IMF in 2003 to reduce the size of the civil servants.
hnhanna says...
It’s all about the right Police Management of Crimes and that’s what the country lacking
On Crime still 'as intense' as before
Posted 27 December 2012, 6:45 p.m. Suggest removal
hnhanna says...
This was a waste of time, it achieve nothing, another smoke screen by the PLP
On Minister reads FNM contracts report to House
Posted 16 December 2012, 12:57 a.m. Suggest removal
hnhanna says...
Regrettably, this is not the first time we have been warned by an international agency. Back in 2003 the International Monetary Fund's (IMF) Article IV Consultation Report on The Commonwealth of The Bahamas raised several key concerns, namely:
a. The failure of the Bahamian government to take aggressive measures to reduce large fiscal deficits and the growth of public debt.
b. The failure of the Bahamian government to take even small steps in addressing the need for serious tax reform.
c. The failure of the Bahamian government to take any measures to address the impending financial crisis in the National Insurance scheme.
d. The failure of the Bahamian government to deal with the country's steady loss in external competitiveness; in particular, the need to undertake structural reforms in labor markets to reduce costs and the need to privatize utilities to lower utility costs.
e. The repeated failure of the Bahamian government to develop current national income accounts that would support informed policymaking.
On ‘Out of whack’: Wall Street downgrades the Bahamas
Posted 15 December 2012, 11:36 a.m. Suggest removal
hnhanna says...
Who is the poor, I see allot of people buying Tummy’s and Jordan’s outfit and then turn around saying they are poor, poor my foot. Numbers houses are always taking from the so call poor, but how could you say are poor when still playing numbers, the rich do not play numbers, they are investment Bankers.
On Cargill's pay 'in line' with other agencies
Posted 14 December 2012, 3:53 p.m. Suggest removal
hnhanna says...
Mark Knowles is a outstanding Bahamian
On Querry, Davenport in Mark Knowles Invitational
Posted 9 December 2012, 7:25 a.m. Suggest removal
hnhanna says...
They cannot change because Corruptions is their hallmark
On PM criticised for not taking firm action
Posted 5 December 2012, 11:24 a.m. Suggest removal
hnhanna says...
The country needs more investigating reporters not just person who just read the news
On Where are the journalists?
Posted 26 November 2012, 11:10 a.m. Suggest removal
hnhanna says...
Also what happen to the new School policing policy? This young went to school the teachers should direct him to one of the police who is on the campus instead of sending him back home
On High school student shot in chest
Posted 23 November 2012, 5:07 p.m. Suggest removal
hnhanna says...
I do remember the PLP was blaming Tommy Turnquest and the FNM.
On Man killed in 99th murder
Posted 16 November 2012, 8:20 p.m. Suggest removal
hnhanna says...
The cost of running the Government is too big, we have to reduce the size of the civil servants it’s too large for a small Country like the Bahamas. The Government of the Bahamas was warned on this matter by the IMF in 2003 to reduce the size of the civil servants.
On Government aims to raise short term debt limit threefold
Posted 24 October 2012, 11:28 a.m. Suggest removal