AGP Executive Report
Last update: 12 hours agoTourism: Exuma stopover arrivals are up 4% year over year, and the country is on track for a record year, officials say. But a University of The Bahamas economist warns that selling land for cruise-line private islands could weaken the industry’s long-term benefits for the country. Retirement Reform: The government is considering raising the regular retirement age to 67 and the minimum to 62 to help shore up NIB; public consultation is planned. Public Finances: The government is celebrating a reported $39.3 million surplus, while the opposition and business leaders question whether it accounts for National Investment Fund spending and delayed payments to suppliers. Security: The House passed amendments to the Anti-Terrorism Act, which the government says will help protect the financial-services sector. Power and Health: BPL blamed faulty equipment for days-long outages in Eleuthera, where residents have threatened to withhold bill payments. Health officials reported seven new impetigo cases but say infections are declining. Police Accountability: The Supreme Court found police unlawfully arrested and prosecuted a Grand Bahama businessman and used excessive force against a handcuffed man; damages are to be determined.
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