Government to restructure FDI investment applications decision-making process
The decision-making process on Foreign Direct Investment applications will be restructured so that applications under $10 million will not be required to be submitted to the National Economic Council, said Prime Minister the Most Hon. Dr. Hubert Minnis. This is one of a number of policy directions the Government will be pursuing based on recommendations […]
Prime Minister Minnis: Government to review legalization of a hemp industry, inject $250M for small business development
The Government will review the possible legalization of a hemp industry that would include variations of cannabis low in THC, Prime Minister the Most Hon. Dr. Hubert Minnis announced today in the House of Assembly. The Prime Minister was speaking as he tabled the Executive Summary Report submitted by the Economic Recovery Committee (ERC). The […]
Samaritan’s Purse COVID-19 Treatment and Isolation Unit Tour
Prime Minister Minnis toured the 28-bed COVID-19 Treatment and Isolation Unit that has been set up at the Princess Margaret Hospital by the Samaritan’s Purse international relief organization. The new Unit is expected to start receiving patients later today and is part of the Government’s health strategy to increase patient capacity. Public healthcare staff is […]
Prime Minister Minnis calls for fair play and equitable treatment in global financial arena
Prime Minister the Most Hon. Dr. Hubert Minnis today called for fair play and equitable treatment in the global financial arena when he addressed a virtual UN Meeting of Heads of State and Government on “Financing the 2030 Agenda for Sustainable Development in the Era of COVID-19 and Beyond.” The Prime Minister asked for the […]
Prime Minister Minnis addresses 75th Session of the United Nations General Assembly
Prime Minister the Most Hon. Dr. Hubert Minnis reiterated the call for the institutionalization of a vulnerability index that allows countries like The Bahamas to access international financing based on the level of exposure, vulnerability and ability to recover from exogenous shocks. The Prime Minister made the call today in a pre-recorded address to the […]