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Central Bank releases latest economic report – PDF

Preliminary economic indicators suggest that the Bahamian economy maintained its modest growth pace during January 2019, reflecting gains in the tourism sector and ongoing foreign investment projects, according to The Central Bank of The Bahamas latest economic review. 

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Date:
Updated:
Central Bank of The Bahamas
Tuesday, March 5, 2019
Tuesday, March 5, 2019

Preliminary economic indicators suggest that the Bahamian economy maintained its modest growth pace during January 2019, reflecting gains in the tourism sector and ongoing foreign investment projects, according to The Central Bank of The Bahamas latest economic review.

The latest price developments through October 2019, continued to be dominated by the impact of the hike in the value added tax (VAT) rate, while increased tax receipts supported the decline in the government’s deficit during the first half of FY2018/2019.


In monetary developments, both banking liquidity and external reserves expanded in January 2019, buoyed by net foreign currency inflows from tourism-related activity.

Read/download the Central Bank’s full Monthly Economic and Financial Developments report for January 2019 here:

The Central Bank of The Bahamas is pleased to announce the selection of NZIA Ltd as the preferred technology solutions provider to design and implement the digital fiat currency system for The Bahamas. "Project Sand Dollar" is the official name for this payments system modernisation initiative.

The government has published a bill for an act to update the law relating to the regulation of the investment funds business to bring the law into harmony with international standards and best practices.

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