Prime Minister
PM Davis Gives Snapshot of His Government’s Financial Initiatives
NASSAU, The Bahamas – During his remarks at the Closing of the Mid-Year Budget Debate, on March 6, 2023, Prime Minister and Minister of Finance the Hon. Philip Davis noted that his Government expected to see increased revenues and disciplined expenditures as it worked towards its goal of a 25% Revenue-to-GDP ratio, fueled primarily by “increased efficiency and fairness in tax collection and a booming economy”. “Already, we are seeing the fruits of our strategic approach to fiscal management come to bear, as we have successfully lowered the debt-to-GDP ratio from over 100% under the previous administration to just over 80%,” he said in the House of Assembly. “We expect continued decreases, as we seek to take it all the way down to 65% by the 2026/2027 fiscal year.” “Spending is down agains...
Prime Minister Davis signs the Book of Condolence and pays respects to the late George Myers, MB
NASSAU, The Bahamas — The Signing of the Book of Condolence for the late George Myers, MB, Iconic Businessman (Retired) was held this morning, March 8, 2023 in the Foyer of Butler’s Funeral Home and Crematorium. Prime Minister and Minister of Finance the Hon. Philip Davis, pictured, pays his respects and greets the family. A State-Recognized Memorial Service will be held tomorrow at Christ Church Cathedral, beginning at 11:00 a.m.
Prime Minister Davis Pays Tribute to the late Minister Betty Thompson
NASSAU, The Bahamas — As he gave his tribute to the late Minister Betty Thompson, the wife of Rev. Dr. William Thompson, at her funeral, on March 4, 2023, Prime Minister and Minister of Finance the Hon. Philip Davis pointed out that, even as they mourned the passing “of a mighty woman of God”; they must rejoice because, “indeed, Heaven has gained a resplendent flower in full bloom”. “Self-confident, elegant, graceful, virtuous, wise, visionary, humble, courageous, victorious, and dedicated are just a few adjectives that come immediately to my mind when I reflect on Minister Betty,” he said, at the service held at Faith United Missionary Baptist Church. Among those present included former Governor General the Most Hon. Dame Marguerite Pindling, form...
Building Renamed in Honour of ‘Smiley’ Bastian
NASSAU, The Bahamas – Prime Minister and Minister of Finance the Hon. Philip Davis pointed out, on March 2, 2023, that he had said, on “any number of occasions” that it was important for Bahamians as private citizens and as a nation to memorialize the life and work of significant personalities in their lives, in the life of our family and in the life of the nation. “In so doing, we protect their legacy, defend their good name and pay the ultimate tribute to them,” Prime Minister Davis said, at the Renaming and Rededication Ceremony for the Edwin ‘Smiley’ Bastian Corporate Center. “Today’s renaming ceremony of the former Citibank and Scotiabank building to the Edwin ‘Smiley’ Bastian Corporate Center is an example of a grateful son memorializing his father in tribute t...
Prime Minister Davis Applauds Montage Cay development, in The Abacos
MONTAGE CAY, The Bahamas — Prime Minister and Minister of Finance the Hon. Philip Davis noted that the occasion of the Official Groundbreaking for Montage Cay and the Residences at Montage Cay, on February 27, 2023, was made “all the more special” because it came in the midst of the ongoing recovery efforts in Abaco, on the heels of Hurricane Dorian. “Abaco took a hard hit, back in 2019, and Montage Cay’s opening is a strong representation of the economic ‘bounce back’ taking place here in Abaco,” Prime Minister Davis said, during the ceremony on the cay. “We are optimistic, and we are grateful,” he added. “The Bahamas has long been the premier location and luxury destination in the Caribbean — and, I daresay, in...
Prime Minister Davis pays respects to the late Commodore Leon Livingston Smith (Retired), former RBDF Commander
NASSAU, The Bahamas — Prime Minister and Minister of Finance the Hon. Philip Davis paid his respects at Lying-in-Repose ceremonies for the late Commodore Leon Livingston Smith (Retired) CD, OBE, former Commander, Royal Bahamas Defence Force today at Bethel Brothers Morticians and Crematorium. Commodore Smith will have Full Military Honours at Christ Church Cathedral, Friday, March 3, beginning at 11:00 a.m.
Prime Minister Davis Highlights His Government’s Accomplishments, Revenue, During Mid-Year Budget Debate
NASSAU, The Bahamas – During his Contribution to the Mid-Year Budget Debate 2023, Prime Minister and Minister of Finance the Hon. Philip Davis said in the House of Assembly, on March 1, 2023, at the mid-year point of the first full-year budget crafted by his Government, it continues to advance the nation’s recovery from multiple crises, at the same time as building an economy that will be “more dynamic and more inclusive”. Prime Minister Davis said: “We have: · Provided affordable housing: Pinecrest and Carmichael Renaissance are just the beginning. · Launched a rent-to-own pilot to make home ownership accessible to more Bahamians. · ...
Prime Minister Philip Davis – Mid-term Budget 2022/2023 Presentation to the House of Assembly
https://bispressagency.com/wp-content/uploads/2023/02/MidtermBudget2022PointsbyEricRoseFeb232023.pdf https://bispressagency.com/wp-content/uploads/2023/02/Revised-Final-Mid-Year-Budget-Communication-2023.pdf
OPM press statement on Prime Minister’s Speech to the Business Round Table
https://bispressagency.com/wp-content/uploads/2023/02/Press-Statement-from-the-Office-of-The-Prime-Minister-on-the-Prime-Ministers-Speech-to-the-Business-Round-Table.pdf
