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The Bahamas is experiencing a tourism-led rebound. The economy expanded by almost 14 percent in 2021, as net tourism receipts tripled relative to 2020. The strong recovery is expected to continue in 2022, with real GDP growth projected at 8 percent.
The Food Producer Network aims to strengthen food security and the food economy in the Bahamas by providing financial support through grants.
Preliminary indications are that the domestic economy’s growth momentum was maintained during the month of March.
While giving the opening remarks at Crypto Bahamas, a cryptocurrency conference hosted by FTX and Salt at Baha Mar, Mr. Davis said he believed that crypto innovations are going to have a transformative impact across many industries.
The Ministry of Finance is pleased to release its second monthly fiscal report on Government’s operations for the month of February 2022, as mandated by the Public Finance Management Act, 2021.