Prime Minister Davis’s Statement on the Recent 2023 Unemployment Rate Decline
Today, I’m proud to announce that our collective hard work is paying off. We’re driving down unemployment and getting our people back to work. In July 2022, The Inter-American Development Bank (IDB) estimated that the unemployment rate in The Bahamas stood at 18 per cent. As of May 2023, the rate has been reduced to […]
Press Release from the Office of The Prime Minister on Flooding in Exuma
For Immediate Release The Prime Minister has received comprehensive briefings regarding the severe flooding in Exuma from the Commissioner of Police and Acting Prime Minister, Glenys Hanna Martin. The Office of The Prime Minister remains in constant contact with representatives from the National Emergency Management Agency (NEMA) and the Department of Local Government. We have […]
Press Statement from Prime Minister Hon. Philip Edward Davis KC MP on the NIB Rate Increase
Immediate Release June 6, 2023 Today, I would like to address the situation facing the National Insurance Board (NIB). Firstly, let me assure all Bahamians that while we acknowledge the need for adjustments, no NIB rate increase will occur during the new fiscal year. Instead, the rate increase will be introduced next year on the […]
Press Release – Disaster Risk Reduction Summit 2022
PM Davis calls for CANTO to Partner in The Bahamas’ Renewed Commitment in Transforming lives through Digital Technologies
MIAMI, Florida – During his Keynote Remarks at the CANTO Annual Conference and Trade Exhibition, in Miami, Florida, on July 20, 2022, Prime Minister and Minister of Finance the Hon. Philip Davis said that, in pursuing the shared Caribbean vision of a connected and empowered people, and to transform lives through digital technologies, The Bahamas was renewing its commitment to leading the region’s efforts on the global stage.