Prime Minister Davis Calls for Urgent Global Action on Sea-Level Rise at COP30
BELÉM, Brazil – Prime Minister Philip Davis has called for stronger global solidarity and decisive action to address the existential threat of sea-level rise, emphasizing that for The Bahamas, climate change is not a distant concern but a daily reality. In a prerecorded address to a high-level session hosted by the Global Centre for Climate […]
Prime Minister Davis Launches First-Ever National “Opportunity Hub”
Connecting Bahamians to Jobs, Training and Small Business Support NASSAU, The Bahamas — Prime Minister Philip Davis has launched the nation’s first-ever Opportunity Hub – a nationwide engagement initiative designed to connect Bahamians directly with new and expanding opportunities made available through government programmes across multiple industries. The initiative ensures that Bahamians everywhere know what […]
Government Issues Evacuation Notice for Southeast Bahamas Ahead of Hurricane Melissa
NASSAU, The Bahamas — Prime Minister Philip Davis announced today that the Government of The Bahamas has issued a formal evacuation notice for residents of Inagua, Acklins, Crooked Island, Mayaguana, and Ragged Island as Hurricane Melissa approaches the Southeast Bahamas. According to the Bahamas Department of Meteorology, Hurricane Melissa is forecast to begin affecting the […]
House Approves $17 Million Capitalization of Disaster Emergency Fund to Strengthen National Resilience
NASSAU, The Bahamas – In the House of Assembly today, parliamentarians passed a resolution to transfer $17 million to capitalize the nation’s Disaster Emergency Fund, marking a major milestone in the country’s ongoing effort to strengthen fiscal and climate resilience. The Fund, established under the Disaster Risk Management Act (2022), is designed to ensure that, […]
S&P Global Ratings upgrades The Bahamas long-term ratings to ‘BB-” with a Stable Outlook
NASSAU, The Bahamas – S&P Global Ratings (S&P) upgraded its long-term foreign and local currency sovereign credit ratings on The Bahamas to ‘BB-’ from ‘B+’. The rating action reflects strengthened economic performance, supported by the tourism and financial sectors, coupled with sound fiscal management: “The stronger economy, propelled by strong cruise tourism and large-scale investment projects across the […]