PLP ‘DECIDED’ ON NIB FUND

...but we have to wait longer to find out what will be done

By JADE RUSSELL Tribune Staff Reporter jrussell@tribunemedia.net

AFTER months of deliberation, the Davis administration finally made a decision yesterday concerning the future of the National Insurance Board fund, according to State Minister Myles Laroda with responsibility for NIB.

Mr Laroda told reporters yesterday that the government will soon announce its decision on whether NIB contribution rates will increase or not.

However, he declined to say what course of action the government intends to take to ensure the fund’s sustainability.

“That matter has been dealt with at Cabinet. We are at a decision. We have a little bit of cleaning up to do with regards to the decision that was made,” Mr Laroda said before yesterday’s Cabinet meeting when asked by The Tribune for an update.

HIGH-VALUE EDUCATION LEVEL ‘WORRINGLY LOW’

By NEIL HARTNELL Tribune Business Editor

THE Bahamas’ ability to develop high-value industries and diversify its economy are impaired by “worryingly low” graduation rates at its sole university with just seven percent of students studying science and technology-related courses.

An Inter-American Development Bank (IDB) study on government spending in key areas found that improving access and efficiency at the University of The Bahamas and other tertiary educational institutions is vital if it aspires to match the likes of Singapore as a true international business centre.

Munroe Responds To Minnis On Threats

By JADE RUSSELL Tribune Staff Reporter jrussell@tribunemedia.net

NATIONAL Security Minister Wayne Munroe said yesterday that death threats against anyone will be investigated once reported to police.

Mr Munroe made these comments after he dismissed claims by former Prime Minister Dr Hubert Minnis on Monday that Prime Minister Philip “Brave” Davis’ reaction to recent death threats is