Bahamas deficit to be higher by 95m

first_imgFacebook Twitter Google+LinkedInPinterestWhatsApp Facebook Twitter Google+LinkedInPinterestWhatsApp#Bahamas, October 11, 2017 – Nassau – We are hearing it again, that national debt is down from 13.6 percent to 12.9 percent but new in a media report, is information that the Finance Minister is now grappling with a deficit which will soar by almost $100m.   Deputy Prime Minister, Peter Turnquest said the government’s shortage in funds to manage the country is no longer $500m, but is now $595m.The news comes as the IMF reveals in an October report that The Bahamas will see its deficit widen due in part to a surge in Baha Mar related imports of goods and services to complete the resort.   Eventually, the IMF is predicting, things will level out to a lower deficit but even then The Bahamas will not be where it wants or should be fiscally and this will mean, many FNM plans and promises will not see the light of day during this financial year which does not end until next year July.#MagneticMediaNews#nationaldebtisdown Related Items:#magneticmedianews, #nationaldebtisdownlast_img read more

31 held in two districts

first_imgLogo of arrestThe police in special drives arrested 31 people in Dinajpur and Habiganj districts on Saturday morning.The arrestees include three activists of Bangladesh Jamaat-e-Islami from Dinajpur and six wanted accused from Habiganj, reports BSS.In Dinajpur, the law enforcement arrested 16 people from different areas and recovered 192 bottles of phensedyl during the raids, said police.During the drives, Dinajpur sadar police arrested four persons, Birampur, Biral and Bochaganj police arrested two persons each, Birganj, Phulbari and Ghoraghat police arrested one person each, and Chirirbandar police arrested three activists of Bangladesh Jamaat-e-Islami from Ranir Bandar area of the upazila around 7:00am.Several cases, including charges of subversive activities, are pending with different police stations against the arrested persons, the BSS report said.Meanwhile, members of Border Guard Bangladesh (BGB), in a drive, detained three ‘drug traders’ with 192 bottles of Phensedyl around 11:00pm on Thursday from Hili railway station in Hakimpur upazila.Later, the detainees were handed over to the Hakimpur police, BGB said.The arrested persons were sent to jail.The Habiganj police, in regular drives, arrested 12 people including six wanted accused from different areas of the district in 12-hour-long drives that ended at 9:00am on Saturday.Additional superintendent of police ASM Shamsur Rahman Bhuiyan said they were picked up from different areas of the district on different charges.Several cases, including charges of subversive activities, are pending with different police stations against the arrested persons, he said.The arrestees were sent to jail.last_img read more