03122022 NEWS, SPORT AND BUSINESS

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Volume: 119 No.76, March 11, 2022

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‘TALKING STUPIDNESS’

Minnis fury over Davis’ allegations in assembly which cast slur on NGO By RASHAD ROLLE Tribune Senior Reporter rrolle@tribunemedia.net DR Hubert Minnis has accused Prime Minister Philip “Brave” Davis of irresponsibly impugning a non-profit organisation affiliated with the former administration’s food programme, warning his comments could make it difficult to attract private sector assistance in the future. “It’s a stupid and immature statement, an irresponsible statement to be made by any Prime Minister and I can’t wait to get in Parliament to buss his a** and their a** for talking stupidness,” Dr Minnis said yesterday. On Wednesday, Mr Davis

said an NGO attached to the Minnis administration’s national food programme had close to $2m sitting in its bank account that was not used to help Bahamians. He said the money has since been returned to the government as demanded by his administration. However, Dr Minnis said the matter was a result of a quoting error that the NGO was working to resolve. “An unfortunate event had happened and some of the monies were misquoted by NGOs in their financial systems,” Dr Minnis said. “They were misquoted and as a result of that requests would have been made for money to keep the food running to feed Bahamians SEE PAGE THREE

BANK CHIEF: DON’T RULE OUT FUTURE INCOME TAX By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net

CENTRAL Bank governor John Rolle yesterday voiced optimism The Bahamas is far from a sovereign debt default as it retains multiple revenue-raising options including an income tax. Mr Rolle told a webinar organised by the Chartered Financial Analyst Society of The Bahamas that its members “should not be deriving any comfort” from the possibility that the government will default on its $10.6bn direct debt when they assess the country’s prospects for returning to

fiscal sustainability postDorian and COVID-19. Emphasising he was not advocating for The Bahamas to impose any type of income tax, he nevertheless warned Bahamians to remain alive to the possibility that such a levy may be implemented over the medium to long-term should the government’s financial needs become pressing. “In theory you have already priced in some level or other of what the path to fiscal sustainability for The Bahamas looks like,” Mr Rolle told the society members. FULL STORY - SEE BUSINESS

‘PARTY TIME’

PRESTON Wallace alongside a Carnival Cruise Line captain as the company celebrated 50 years of cruising to The Bahamas in Pompey Square yesterday - along with the announcement that company projects are expected to bring 1,000 full-time jobs to the country. See PAGE TWO for the full story. Photo: Donavan Mcintosh/Tribune Staff

‘CREDIBLE OFFERS’ ON CDC ALERT EASED IN TABLE TO BUY LUCAYAN WAKE OF CASES FALL By KHRISNA RUSSELL and DENISE MAYCOCK Tribune Staff Reporters

PRIME Minister Philip “Brave” Davis said there are “two significant” offers for the purchase of the Grand Lucayan resort in Grand Bahama that the government is mulling over.

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The request for proposals process to acquire the property closed on March 2. “The update I have, (the) Minister of Investments and Deputy Prime Minister has indicated to me that the bids are in,” Mr Davis told The Tribune on the sidelines of an event in SEE PAGE THREE

NAUGHTY WEED AND THE WAR

PAGE EIGHT

By RASHAD ROLLE Tribune Senior Reporter rrolle@tribunemedia.net

THE US Centers for Disease Control and Prevention has changed The Bahamas’ travel risk rating from level four to level three, reflecting the decline in local COVID-19 cases.

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“The Ministry of Health and Wellness today advised that the Centers for Disease Control and Prevention (CDC) has de-escalated the COVID-19 Travel Risk Advisory Rating for The Bahamas from a level four (very high) to a level three (high),” the Ministry of SEE PAGE FOUR

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