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Volume: 118 No.218, October 7, 2021

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‘WE WILL CUT VAT AND SAVE ECONOMY’ By KHRISNA RUSSELL Tribune Chief Reporter krussell@tribunemedia.net THE Davis administration has pledged to “rescue” the economy, stabilise public finances, decrease value added tax, as well as ensure anti-corruption and government transparency. In line with its campaign promise to bring relief to taxpayers, the Progressive Liberal Party government assured Bahamians that the 12 percent value added tax rate will be lowered to ten percent across the board. In the Speech from The Throne read yesterday during the opening of Parliament at Baha Mar, the Davis administration also reiterated its plans to increase the country’s minimum wage and included a pledge to “phase in” a liveable wage. Other notable pledges

PRIME Minister Philip “Brave” Davis speaking to the media yesterday. include introducing a framework for a cannabis industry. In regards to its VAT tax decrease pledge, the Davis administration said this would be delivered despite the “bleak outlook” of public finances. “The present economic crisis has left a trail of unprecedented misery among the Bahamian

people and our public finances in a dismal state,” Governor General Sir Cornelius A Smith said as he read the speech. “Despite this bleak outlook, my government will introduce measures that will bring immediate relief to the Bahamian people and to businesses. My government will amend the VAT Act to lower the rate of VAT across the board to 10 percent.” Apart from a pledge to build new hospitals in both New Providence and Grand Bahama through public-private partnerships, the government has also committed to restoring the economy. This will be done through a series of measures, the governor general said, before hundreds gathered at Baha Mar’s convention centre.

GOVERNOR General Cornelius A Smith reading the Speech from the Throne yesterday. See more from the event on pages TWO and THREE. Photos: Donovan McIntosh/Tribune Staff

MINNIS DOESN’T RULE OUT LEADER BID convention floor. Asked about the matter in an interview that aired on Eyewitness News last night, Dr Minnis continually skirted the issue, ultimately saying: “I can’t answer that.” His response comes amid widespread speculation in the FNM that he is aware of a move to have someone nominate him for

leader on the convention floor, paving the way for him to contest the position without directly offering himself for the role. Sources say Dr Minnis has been making a number of calls to council members and meritorious council members since the general election. SEE PAGE FIVE

FOX: I’VE DONATED TO FNM AND PLP

ANOTHER 23 COVID DEATHS CONFIRMED

SEE PAGES TWO & THREE

By RASHAD ROLLE Tribune Senior Reporter rrolle@tribunemedia.net ISLAND Luck cofounder Adrian Fox says he has donated money to senior Progressive Liberal Party and Free National Movement politicians, insisting yesterday that donations are not what prompted Prime Minister Philip “Brave” Davis to write a letter as leader of the opposition urging a US

By RASHAD ROLLE Tribune Senior Reporter rrolle@tribunemedia.net FORMER Prime Minister Dr Hubert Minnis refused to say whether he would accept or reject a nomination for leader of the Free National Movement at the party’s next convention if someone nominates him on the

ADRIAN FOX judge to end a legal pursuit of him. Mr Fox’s comments to

The Tribune came after Mr Davis, during a press conference yesterday, again defended his decision to support Mr Fox. “I’ve known Mr Davis for many years and when he wrote that letter on my part that was a demonstration of our friendship, not because of donations,” Mr Fox said. “He was trying to give a young individual a second chance.

Nassau & Bahama Islands’ Leading Newspaper

SEE PAGE FIVE

By LEANDRA ROLLE Tribune Staff Reporter lrolle@tribunemedia.net TWENTY-three new COVID-19 deaths were recorded in the country between Monday and Tuesday, pushing the nation’s toll to 582 since the start of the pandemic. SEE PAGE FOUR


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