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VOLUME:114 No.155, JULY 5TH, 2017
THE PEOPLEâS PAPER: $1
Premium Advertisement Space SPORTS: JUNIOR GOLFERS TEE OFF IN CARIBBEAN CONTEST
PLP blew $234m in final months
Central Bank and deficit figures show pre-election spending By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net AN âhorrendousâ $234m was added to the Governmentâs fiscal deficit during the May 10 general election quarter, Central Bank data released yesterday reveals. The regulatorâs May economic developments report shows the former Christie administration actually contained the âred inkâ during the first three months of 2017, even posting a âsmall surplusâ for its Budgetary operations. However, the Minnis administrationâs estimate of
a $500m deficit for the full 2016-2017 fiscal year suggests this achievement was squandered by excessive government spending and contracts in the run-up to the general election. Given that the Central Bank pegged the ninemonth deficit at $265.9m, the new administrationâs full-year estimates - given by K P Turnquest, minister of finance, and in its Budget booklets - suggest that the Government spent $234m more than it took in during the three months to endJune 2017. FULL STORY - SEE BUSINESS
PUTTING ON A SHOW FOR 4TH OF JULY
BAHA Marâs main contractor was yesteday accused of âinsulting the intelligence of the Bahamian peopleâ over its missed completion deadline warning, with local industry players urging the Government to investigate. Stephen Wrinkle, a former Bahamian Contractors Association (BCA) president, questioned how a dispute over the delivery of 1,420 lounge chairs could delay âsubstantial completionâ of a $4.2bn project.
âItâs a heck of a stretch for a $4.2bn project to be held up by a couple of lounge chairs,â he told Tribune Business. âThereâs something wrong with that. It doesnât compute.â Mr Wrinkle was backed by Leonard Sands, the BCAâs current president, who said he could not see how the non-delivery could result in CCA missing the deadline. Meanwhile, Tourism Minister Dionisio DâAguilar dismissed claims of another missed completion deadline, saying this would be âoddâ for a SEE PAGE SIX
By RASHAD ROLLE Tribune Staff Reporter rrolle@tribunemedia.net
THE board of the National Health Insurance Authority will consider introducing a co-payment system for primary healthcare, pharmaceutical and diagnostic services under NHI, Health Minister Dr Duane Sands revealed yesterday as he warned: âNothing in life is freeâ. If a co-payment system is introduced, it would be a blow to Bahamians expecting free service at the point of care as had been advertised for years by the Christie administration. Free healthcare at point of service was to be the defining quality of NHI. SEE PAGE SIX
SECOND MAN OUT ON BAIL SHOT DEAD By SANCHESKA DORSETT Tribune Staff Reporter sdorsett@tribunemedia.net A 25-YEAR-OLD man out on bail for firearm possession was shot multiple times and killed Monday night. The killing took place shortly before midnight Monday off Bimini Avenue and brought the countryâs murder count to 71 for the year, according to The Tribuneâs records. According to police, the victim was standing near a home off Market Street when a man armed with a handgun approached him and shot him multiple times before fleeing the area on foot. SEE PAGE SIX
CCA CHAIRS THREAT âMAKES NO SENSEâ By NEIL HARTNELL and NICO SCAVELLA
NHI BLOW: âNOTHING IN LIFE IS FREEâ
FYRE FESTIVAL VENDORS TO LOSE OUT FIREWORKS over Paradise Island last night for the July 4 US Independence Day celebrations - marking the 241st anniversary of the countryâs independence. Photo: Terrel W. Carey/Tribune Staff
employees from the âunsanitaryâ General Post Office on East Hill Street. At the time, he said his members were forced to work in a mould infested building with rats and termites and a leaking ceiling. Since then, Mr Pinder said things have got progressively worse and now the air conditioning unit in the building is not working, forcing employees to work in the sweltering heat.
BAHAMIAN vendors allegedly owed thousands of dollars in the wake of the botched Fyre Festival will likely get ânothingâ as unsecured creditors, Tourism Minister Dionisio DâAguilar said yesterday. Mr DâAguilar weighed in on the fate of businesses and local workers as he pushed back against criticisms over the Ministry of Tourismâs role in the failed event. He acknowledged that more due diligence could have been performed on the part of his ministry; however, he said that it was unlikely further
SEE PAGE FIVE
SEE PAGE FIVE
POST OFFICE STAFF ON FOUR-HOUR DAY By SANCHESKA DORSETT Tribune Staff Reporter sdorsett@tribunemedia.net
EMPLOYEES at the âmould and rat infestedâ General Post Office have been working four hour shifts for nearly a year, according to Bahamas Public Services Union President John Pinder, who said the âhalf daysâ have caused a significant back up in mail delivery. Mr Pinder said the former Christie administration
promised employees would be out of the âold, broken downâ building and in a new building off Tonique Williams Darling Highway by the end of May. However, he claimed the Free National Movement (FNM) administration stopped those plans and is considering moving the post office to the Town Centre Mall. Last year, Mr Pinder threatened industrial action if the government did not immediately relocate
By AVA TURNQUEST Tribune Chief Reporter aturnquest@tribunemedia.net
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