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Bahamas Following Greece To Financial Crisis

Bahamas headed for financial crisis, predicted to fall into hands of the IMF

Former Bahamas Chamber of Commerce president yesterday made the apocalyptic prediction that this nation’s economy would “be in the hands of the IMF” within three years, the next government’s primary job being to halt the fiscal “bleeding from day one”.

Khaalis Rolle, who is also the opposition Progressive Liberal Party’s (PLP) candidate for Pinewood in the upcoming general election, said yesterday’s Tribune Business disclosures regarding the Bahamas’ national debt and fiscal deficit projections showed this nation was headed in the same direction as Greece.

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