Trinidad and Tobago’s national security minister, Jack Warner, resigned Sunday amid allegations of bribery and corruption.
The Bahamas: Politics
The International Monetary Fund (IMF) has concluded that there has been clear and material progress in key areas of The Bahamas’ financial sector oversight.
Warning The Bahamas that it is “imperative” to quickly reduce its national debt-to-GDP ratio, the International Monetary Fund (IMF) is pushing government to introduce a corporate income tax.
Attorney Carey Leonard stressed that once the WTO is signed there will be quite a number of legislations expected to be passed very quickly to make The Bahamas compliant.
For too long, Bahamian governments of all political persuasions have been backed into a corner to provide financial assistance for major investments, especially in the area of tourism.
Cooperatives and Credit Unions could soon be subject to new legislation and the Department of Cooperative Development (DCD) will surrender its duties to the Central Bank of The Bahamas.
Fred Mitchell, Minister of Foreign Affairs and Immigration, recently discussed a variety of issues, including how the government proposes to conduct its immigration policies.
For the first time, Caribbean governments and civil society came together to discuss access to information and public participation in governance at a landmark conference in Kingston, Jamaica on March 20-21.
Senior government ministers travelled to Washington DC for high level talks with US Attorney General to review the Bahamas’ obligations to fight human trafficking and crime.
