AGP Executive Report
Last update: an hour agoPower and Finance: FNM Chairman Duane Sands has criticised the government’s plan to borrow more than $331 million to refinance Grand Bahama Power Company debt, as opposition figures warn ongoing outages are costing businesses. Economic Outlook: The World Bank projects 3% growth for The Bahamas in 2026, a moderate pace compared with oil-driven growth elsewhere in the Caribbean. Tourism: The country is building its Mexican travel trade ahead of a new nonstop Mexico City–Nassau service scheduled to begin in March 2027. Food Production: The Golden Yolk project reports 200,000 eggs produced, with 10,000 laying hens in production and 8,000 pullets being raised to help reduce import reliance. Corporate Results: Doctors Hospital reported an $11.5 million net profit, reversing losses from the prior fiscal year.
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