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Bahamas: Dissatisfaction among nurses with COVID-19 allowance

NASSAU, BAHAMAS — The government is “betting big” on small businesses and the Bahamian entrepreneurial spirit to help mitigate the economic shock of the COVID-19 pandemic and revive the economy, according to Deputy Prime Minister and Minister of Finance K Peter Turnquest.

Speaking at a press conference to mark the SBDC’s two-year anniversary, Turnquest noted the government’s $55 million injection into the Access Accelerator Small Business Development Centre this fiscal year is aimed at boosting the small business sector in an effort to mitigate the fallout from the pandemic, particularly the significant downturn in the country’s tourism sector.

“We’re betting big, $55 million dollars big on Bahamians and Bahamian businesses,” Turnquest said.

He noted that strengthening the domestic economy is a core pillar of the Minnis administration’s ‘Resilient Bahamas’ fiscal and economic plan.

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