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...
