Press Statement: Prime Minister Davis Calls for a Paradigm Shift in The Bahamas Tourism Industry
Today, at the Bahamas Hotel & Tourism Association’s Annual General Meeting, the Hon. Philip Davis KC MP, Prime Minister of The Commonwealth of The Bahamas, shared his transformative vision for the nation’s tourism industry, calling for a fundamental paradigm shift. The Prime Minister underscored the government’s unwavering commitment to redefining the role of Bahamians in […]
Statement by Prime Minister Davis on Leveraging Record-Breaking Tourism to Drive Economic Growth and Diversify the Bahamian Economy
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Today, as we celebrate the remarkable milestone of welcoming eight million visitors to The Bahamas, it’s crucial to reflect on the broader economic significance of this achievement. This record-breaking number is not just a triumph for our tourism sector; it’s a catalyst for comprehensive economic growth and a clarion call for diversification within our economy. […]
Minister Jobeth Coleby-Davis Advocates for Solution-Focused Climate Action at COP28 Fireside Chat
Expo City, Dubai – At the recent COP28 Fireside Chat, Minister Jobeth Coleby-Davis, representing The Bahamas, distinguished herself through a compelling call for a solution-focused approach to combating climate change. Her participation and remarks at the event were a testament to her dedication and the commitment of The Bahamas to proactive, actionable strategies in the […]
Prime Minister Davis Advocates for Climate Action and Collaborative Investment at COP 28
Expo City, Dubai – Today, at the COP 28 summit, Prime Minister of The Bahamas underscored the urgent need for global cooperation in the face of a worsening climate crisis. With the world fast approaching the critical 1.5 degrees Celsius threshold, the Prime Minister emphasized that the window for effective action is narrowing, but not […]
Bahamian Economy Continues to Grow; Inflation Is Down
Nassau, The Bahamas – In the Concluding Statement for its recent official visit, The International Monetary Fund (IMF) has revised its economic growth projection for the Bahamian economy to 2.3%, an improvement over its previous forecast. The Statement, which was published Monday, gives the preliminary findings on the country’s macro-economic outlook and fiscal environment. Minister […]