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General News

07 May
2010
Monthly Economic and Financial Developments, March 2010

The domestic economy showed signs of stabilisation in March, as the pace of the global recovery gathered momentum. Tourism output, while still below pre-crisis levels, recorded modest gains in the key stopover business,...

08 Apr
2010
Monthly Economic and Financial Developments, February 2010

Amid the incipient global recovery underway, domestic economic indicators showed tentative signs of stabilisation during February. Initial tourism sector statistics suggested a slightly positive outcome for the key stopo...

29 Mar
2010
Exchange Control Framework on Inward Investment Financing

The Central Bank wishes to clarify and provide context for existing Exchange Control guidelines governing the treatment of capital investment inflows by non-Bahamian (non-resident) investors. Please click on the document...

08 Mar
2010
Monthly Economic and Financial Developments, January 2010

In January, domestic economic activity continued to be adversely impacted by still fragile conditions in the global economy, although a more positive picture is emerging. Anaemic private sector demand, constrained prospe...

10 Feb
2010
Monthly Economic and Financial Developments, December 2009

Amid signs of a nascent recovery underway in the global economy, key industry trends suggest some stabilizing in tourism output during December; however the softness in construction activity persisted and consumer demand...

23 Dec
2009
Monthly Economic and Financial Developments, November 2009

Although recent indicators point to a modest acceleration in the recovery of global output, preliminary data suggests that domestic economic activity remained weak during November, given the downturn in tourism performan...

03 Dec
2009
Monthly Economic and Financial Developments, October 2009

Despite signs of a modest pickup in the pace of the global recovery, domestic economic conditions remained relatively subdued during October, reflecting anemic consumer spending and sustained weakness in tourism output a...

24 Nov
2009
Proposed Legislation for the Regulation of Payment Systems in The Bahamas

The Central Bank is pleased to release for consultation, the following draft legislation, which have been prepared to provide the legal framework for the Central Bank's supervision of payment systems in The Bahamas, the...

06 Nov
2009
Monthly Economic and Financial Developments, September 2009

Although the global economy showed sustained signs of "bottoming out" during the review month, domestic economic conditions continued to be negatively impacted by the worsening of key economic indicators in several major...

05 Oct
2009
Monthly Economic and Financial Developments, August 2009

Despite a short-term boost to the tourism sector, provided by the hosting of an international event during the review month, indications are that the effects of the worldwide economic recession continued to subdue domest...

28 Sep
2009
Warning Notice: 28 September 2009

The Central Bank of The Bahamas issues warnings about dealing with named persons, whether these are individuals or companies, to alert the public and the financial services sector, that where such persons offer banking o...

21 Sep
2009
Quarterly Economic Review, June 2009

The QER for June 2009 includes information on monetary and economic developments for the quarter.

07 Aug
2009
Monthly Economic and Financial Developments, June 2009

Despite modest signs that the global economic recession had started to stabilize during the review month, weakness in the major countries continued to feed through to the domestic economy. Consequently, activity in the t...

02 Jul
2009
Monthly Economic and Financial Developments, May 2009

During the month of May, the global recession continued to negatively affect domestic economic developments. Available data on tourism activity revealed sustained weakness in the sector, owing to depressed demand conditi...

30 Jun
2009
Quarterly Economic Review, March 2009

Preliminary data suggests that domestic economic activity contracted during the first quarter of 2009. Conditions were characterized by a sharp decline in tourism output, softer consumer demand and reduced stimulus to co...