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
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 […]