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Central Bank releases February report

Central Bank has released its monthly report on economic and financial sector developments in The Bahamas. The Bank monitors these conditions as part of its monetary policy mandate, to assess whether money and credit trends are sustainable relative to levels of external reserves required to protect the value of the Bahamian dollar and, if not, the degree to which credit policies ought to be adjusted. Download the full report here. 

Source:
Date:
Updated:
Central Bank of The Bahamas
Tuesday, April 12, 2011
Tuesday, April 12, 2011

View or download the Monthly Economic and Financial Developments report for February.

Bimini Bay Resort and Marina is to undergo a transformation, as new operator RockResorts plans a resort-wide re-branding exercise with boutique hotel, spa and beach club. The luxury brand is also looking to put in place a fast ferry service linking the North Bimini with Florida.

Funding worth $30 million from the Inter-American Development Bank (IDB) to put towards green energy initiatives in the jurisdiction. Government is hoping to reduce its energy consumption by 30 per cent and derive 30 per cent of its energy from renewable resources by the year 2030.

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