{"id":22176,"date":"2012-05-31T09:38:19","date_gmt":"2012-05-31T13:38:19","guid":{"rendered":"http:\/\/www.bahamasb2b.com\/news\/?p=22176"},"modified":"2012-05-31T09:43:27","modified_gmt":"2012-05-31T13:43:27","slug":"ministry-for-grand-bahama-established","status":"publish","type":"post","link":"https:\/\/www.bahamasb2b.com\/news\/2012\/05\/ministry-for-grand-bahama-established","title":{"rendered":"Ministry For Grand Bahama Established"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-22180\" style=\"margin-left: 10px; margin-right: 10px;\" title=\"grand-bahama\" src=\"https:\/\/www.bahamasb2b.com\/news\/wp-content\/uploads\/2012\/05\/grand-bahama.jpg\" alt=\"\" width=\"200\" height=\"150\" srcset=\"https:\/\/www.bahamasb2b.com\/news\/wp-content\/uploads\/2012\/05\/grand-bahama.jpg 200w, https:\/\/www.bahamasb2b.com\/news\/wp-content\/uploads\/2012\/05\/grand-bahama-150x112.jpg 150w\" sizes=\"auto, (max-width: 200px) 100vw, 200px\" \/>NASSAU, The Bahamas &#8212; During his presentation of the 2012\/2013 Budget Communication, Prime Minister Perry Gladstone Christie said the government has created the Ministry for Grand Bahama to address that island\u2019s needs.<\/p>\n<p>The Prime Minister said the mandate of that ministry is to ensure Grand Bahama receives the maximum benefits from all government initiatives.<\/p>\n<p>He explained that it was set up specifically because the economic plight of Grand Bahama is painfully evident and the unemployment situation there clearly attests to that reality.<\/p>\n<p>Prime Minister Christie said the Ministry for Grand Bahama will also develop proposals for the extension of duty-free concessions to East and West Grand Bahama.<\/p>\n<p>\u201cThe Minister for Grand Bahama will engage in wide-ranging discussions with the various stakeholders in Grand Bahama, as well as with other government ministries to advance our priority of restoring the economy of Grand Bahama.\u201d<\/p>\n<p>He added, \u201cThis will entail an evolving process as we go forward and the ministry\u2019s organisation and budget allocation will evolve and grow accordingly.\u201d<\/p>\n<p>The Prime Minister stressed that in this Budget, the government is immediately implementing certain tax measures to promote the revitalisation of Grand Bahama.<\/p>\n<p>\u201cFor existing properties in Grand Bahama, the hotel occupancy tax is being reduced by 50 per cent for five years for all properties filing returns under the newly-introduced electronic reporting system.<\/p>\n<p>\u201cAnd, to assist in ensuring the success of new hotels, the hotel occupancy tax will likewise be reduced by 50 per cent for 10 years after opening.\u201d<\/p>\n<p>Prime Minister Christie said to access these concessions, it will be necessary for a hotel to register online with the new electronic reporting system, as is required of all hotels in the country.<\/p>\n<p>By Llonella Gilbert<br \/>\nBahamas Information Services<\/p>\n","protected":false},"excerpt":{"rendered":"<p>During his presentation of the 2012\/2013 Budget Communication, Prime Minister Perry Christie said the government has created the Ministry for Grand Bahama to address that island\u2019s needs.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10223285771444175_51037792744":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[5],"tags":[40,81],"class_list":["post-22176","post","type-post","status-publish","format-standard","hentry","category-politics","tag-government","tag-grand-bahama"],"_links":{"self":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/22176","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/comments?post=22176"}],"version-history":[{"count":0,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/22176\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/media?parent=22176"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/categories?post=22176"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/tags?post=22176"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}