by Natalie Moodey | Jul 21, 2025 | Caribbean news
Barbados has placed a US$500mn sovereign bond, marking its return to the international capital markets for the first time since its 2019 debt restructuring and two successive IMF programmes. The Mia Mottley Administration said that it will use the funds to refinance...
by Natalie Moodey | Jun 30, 2025 | Caribbean news
The Government of the Bahamas has marked its first return to international capital markets since 2022 with the successful issuance of an 11-year, US$1.067bn bond, proceeds of which will fund the repurchase of US$767mn in outstanding Eurobonds. Announcing the...
by Natalie Moodey | Mar 3, 2025 | Caribbean news
The Bahamas and SpaceX have partnered for historic rocket booster landings, with 20 landings scheduled for 2025. The collaboration is expected to boost tourism and local businesses, offering unique experiences like yacht excursions to watch the landings. SpaceX...
by Natalie Moodey | Nov 7, 2024 | Caribbean news
IMF cuts Bahamas growth projection The International Monetary Fund (IMF) has reduced The Bahamas’ 2024 GDP growth forecast from 2.3% to 1.9%, and further lowered 2025 and 2029 projections to 1.7% and 1.5% respectively. This adjustment decreases the 2024...
by Natalie Moodey | Mar 25, 2024 | Caribbean Insight
Weeks after rejecting an IMF call to implement a personal income tax on its citizens, The Bahamas has announced plans for the introduction of a corporate top-up income tax. Speaking in his midterm budget communication to the nation, Prime Minister Philip Davis said...