Members of “Citizens For Justice” were disappointed but not shocked at the recent revelations of the poverty survey. In two years the number of Bahamians living below the poverty level has increased by three percentage points from 9.2% to 12.5%.
A regional economist said that most caribbean countries cannot sustain their existing government size and that governments should step back to allow increased private sector involvement.
“Our region is in the throes of the greatest crisis since independence. The specter of evolving into failed societies is no longer a subject of imagination,” says a Caribbean prime minister.
Canadian Prime Minister Stephen Harper announced two initiatives that will promote sustainable economic growth in the Caribbean region.
Officials from various Economic Partnership Agreement (EPA) Implementation Units, including The Bahamas’ Ministry of Financial Services, met in the Dominican Republic to discuss EPA Communications Strategies.
Jeff Bingaman, a Democratic U.S. senator from New Mexico says that Washington’s policy towards Cuba is ‘out of step’ and that it is time to establish diplomatic relations with Cuba and end the embargo.