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THURSDAY, NOVEMBER 26, 2020
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Bahamas to get $60m for COVID battle boost By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net
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he Government is set to borrow $60m to boost the public health sector in its fight with COVID-19 and eliminate the paper-based system it employed to manage the crisis up until August 2020. An Inter-American Development Bank (IDB) paper, detailing how the first $20m of these advances will be spent, revealed that the Government and Ministry of Health’s analysis and decision-making during the pandemic’s first few months were “impeded” by the reliance on manual systems. It acknowledged, though, that the situation had improved since August 2020 with support from the Pan American Health Organisation (PAHO) to move to a technology-based solution for testing, contact tracing and case investigation, with The Bahamas’ COVID-19 testing rate now
* Nation fought crisis with paper-based system * Millions needed for clinics fallen into ‘disrepair’ * IDB’s $400m generates 29% of deficit funding matching those of major European countries such as France and Germany. The IDD documents, which have been reviewed by Tribune Business, also disclose that a significant portion of the first $20m will be spent on retrofitting the ventilation and air conditioning (AC) systems of 56 public health facilities so they can receive COVID-19 infected patients. They reveal, though, that many of the AC systems in the 18 public health clinics targeted as priorities for these upgrades are in poor condition, while several - especially the Fresh Creek Clinic and Nicholl’s Town Community Clinic in Andros - require multi-million dollar upgrades beyond this work. And some $1.26m is being allocated to develop and install
‘ENORMOUS SUM’ FOR SENATOR’S RELATIVES By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net THE Auditor General says a Senator’s relatives stand to earn “an enormous sum” from leasing their Gladstone Road property to a government agency that typically loses over $1m per year. Terrance Bastian and his staff, in their audit examination of the National Training Agency (NTA) that was tabled in the House of Assembly, said the $7.9m in rental income that Dr Michael Darville’s
family stands to gain over the ten-year lease of their Gladstone Road property represented a significant commitment on the Government’s behalf. “Annually, $790,000 is expended for the agency’s rental office space, New Providence head office,” the auditor general’s report added. “At the end of the ten year lease agreement, the expenditure will amount to $7.9m. This outlay is considered an enormous sum. “We recommend that consideration should be
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FISHERIES SPLIT DEEPENS ON PROPOSED FOREIGN BAR By YOURI KEMP Tribune Business Reporter ykemp@tribunemedia.net THE fisheries industry’s divide over plans to bar foreigners from working on Bahamian-owned boats deepened yesterday as the two sides hit out at the positions each have taken. The National Fisheries Association (NFA), which represents fishermen, took aim at the position paper presented by the Coalition for Responsible Fishing (CFRF), a group that advocates for
the sector’s processors, wholesalers and exporters, arguing that its claims job losses will result from the proposed Fisheries Bill are “absurd”. The NFA, in a statement, said it had “been fighting this Coalition’ for many years.... They have made the practice of intensive conch harvest commonplace, as well as pioneering the use of thousands of deep ocean fish pots. They have prioritised conch diving year-round and we have seen the stocks
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“prefabricated self-contained isolation units” at 42 Bahamian ports of entry, costing $30,000 apiece, so that travellers displaying COVID19 symptoms or suspected of having the virus can be isolated from the rest of the population. The IDB report revealed that the multi-lateral lender, via this $20m loan, a further $40m health sector “investment” and other advances, will be financing some 29 percent of the $1.39bn fiscal deficit that the Government is projected to incur in its 2020-2021 budget year. “The Government of The Bahamas is planning on increasing its external debt by $1.39bn this fiscal year, of which IDB is projected to provide 29 percent of these funds,” it said. “This includes the $200m policy-based loan on
competitiveness and sustainability approved in 2020, a $20m health prototype programme, a $40m investment loan in the health sector, and a second $140m policy-based loan in the areas of competitiveness and sustainability. The last three operations are due to be approved in December 2020 and throughout 2021.” Detailing COVID-19’s threat to overwhelm the public health system, which has diminished slightly for the time being at least, the IDB report said The Bahamas was now better positioned to manage the crisis than it had been when the pandemic first erupted in March 2020. “At the onset of the pandemic, the information and data management were manual and paper-based. This affected the
speed and collation of data collection, flow and analysis, making it difficult to track the progress of the situation, and impeding decision-making,” the IDB said of the Bahamian public health sector. “To address these weaknesses, in August 2020, the Ministry of Health, with the support of the Pan-American Health Organisation (PAHO), began to digitise data collection instruments to improve efficiencies in collection, collating and analysis of cases, contact tracing and laboratory test data. “Currently, a SharePoint platform is used for multiple-user real time data entry for contact tracing, case investigation and laboratory results, while Go.Data, an open source application developed by the World Health Organisation (WHO), is used for analysis of epidemiological information.” With PAHO also providing support for data entry and collection, and laboratory tests, the IDB added: “At the same time, other
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INVESTIGATORS: GET SKY’S RECORDS FOR FATE OF $28M By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net FORENSIC investigators have urged Sky Bahamas’ main financier to subpoena its accounts via the Supreme Court so the fate of more than $28m advanced to the failed airline can be determined. The BDO accounting firm’s report - which Fred Kaiser’s companies are heavily reliant upon to support the allegations made against his former business partners, ex-deputy prime minister K Peter Turnquest and former Sky chief executive, Captain Randy Butler - says there is presently insufficient evidence to conclude that a fraud has been perpetrated. Asserting that such claims can only be proven if access is gained to Sky Bahamas’ accounts, BDO’s forensic report said for them it raised questions about the accounting, record-keeping and support documentation for loans advanced to Sky Bahamas by Mr Kaiser’s two
EX-DEPUTY PM K Peter Turnquest. companies, Alpha Aviation and Advanced Aviation. Mr Turnquest, who is not named as a defendant in Mr Kaiser’s action
despite purportedly playing a central role in an alleged “bogus loans conspiracy”, managed both these entities on Mr Kaiser’s behalf while also being Sky Bahamas’ 70 percent majority shareholder and chairman. He has vigorously denied any wrongdoing and pledged to fight the claims made against him. BDO’s report questioned the processes followed in making payments in compliance with First Caribbean International Bank (Bahamas) banking mandate that stipulated who the account signatories were and set limits on how much they could authorise for payment in any transaction. The report, which has been seen by Tribune Business, emerged as both Mr Turnquest and the Prime Minister last night confirmed he had stepped down as deputy prime minister and minister of finance to ensure the allegations against him do not become “a distraction” for the Government as it
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