AGP Executive Report
Last update: 23 minutes agoEnergy & Utilities: Energy Minister JoBeth Coleby-Davis defended the Davis administration’s energy reforms in Parliament, saying New Providence outages are “growing pains” tied to infrastructure upgrades, while also citing a fuel hedge that has delivered $21.7m in savings since February 2026. Power Reliability: Killarney MP Michela Barnett-Ellis urged BGC and BPL to resolve recurring western New Providence blackouts, warning of added costs to households and businesses. Budget & Governance: Finance Minister Michael Halkitis pushed back on procurement criticism, saying reforms are ongoing and pointing to training and certification for public servants. Macroeconomics & Risk: An IMF assessment says The Bahamas lacks a standardized framework to measure how disasters affect growth, debt and fiscal planning, limiting disaster scenario use in forecasting. Agriculture & Industry: Jomo Campbell said the Golden Yolk project is building productive poultry capacity, citing completed poultry houses, an egg processing facility and 10,000 chickens—amid ongoing public criticism over overruns and delays. Public Accounts Committee: Opposition Leader Michael Pintard says the new Public Accounts Committee will “follow the people’s money” and review Auditor General reports. Cruise & Tourism Investment: St. Vincent and the Grenadines signed an MoU with Global Ports Holding for a 30-year concession and up to EC$250m to modernise Kingstown Cruise Port. Digital Payments & Banking: CIBC Caribbean announced Google Wallet support for its cards in The Bahamas and other markets. Gaming & Crypto: WSOP named Solana Foundation as presenting sponsor and will enable Solana-based, zero-fee buy-ins, with payouts in stablecoins planned for WSOP Paradise in The Bahamas this December. Business & Finance (Regional): CDB and IDB Invest launched a US$25m trade finance facility to boost access to trade credit across Caribbean markets. Legal (International): India’s Bombay High Court granted Anil Ambani interim protection in a Black Money Act tax evasion case.
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.