AGP Executive Report
Last update: 10 hours agoEnergy & Infrastructure: Prime Minister Philip Davis visited Abaco to assess a roughly $90m hybrid solar-and-LNG power project with battery storage, targeting solar feed-in to the grid in November and full completion by May 2027. Renewables Demand: A Bahamas renewable energy provider says recurring outages are driving “triple platinum” solar sales and expects a boost from Bahamas Development Bank financing. Cost of Living & Prices: Bahamas inflation eased slightly in June (CPI down 0.1% month-to-month) but remains 4.3% higher year-on-year, with big pressure from restaurants/hotels and transport. Public Finance Scrutiny: Government fiscal forecasts were quietly revised, cutting a projected surplus by more than 56% after Budget debate—raising questions about transparency. Trade & Imports: The goods trade deficit jumped nearly $250m in Q2 2026 as imports rose faster than exports. Tourism Momentum: Central Bank data points to stronger July tourism growth, led by a rebound in high-value stopover demand and continued cruise strength. Food & Health Risks: Experts warn black-market demand for GLP-1 weight-loss drugs is rising as official coverage gaps leave a costly, unregulated market. Crime & Business Impact: A suspected drug dealer, “Spy” Ellis, was shot dead in Abaco, while fishermen report crawfish catches down sharply amid concerns over illegal off-season harvesting.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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