Under the Central Bank of The Bahamas Act, 2000 (the Act), the Bank is mandated “to promote and maintain monetary stability and balance of payments conditions, conducive to the orderly development of the economy; in collaboration with other financial institutions, to promote and maintain adequate banking services and high standards of conduct and management therein; and to advise the Minister of Finance on any matter of a financial or monetary nature referred by [the Minister] to the Bank for its advic
In July 2017, the Government of The Bahamas officially launched the Public Financial
Management/Performance Monitoring Reform (PFM/PMR) Project. The PFM/PMR Project
is financed through an Inter-American Development Bank loan to The Bahamas valued at
$33 million, which was approved by Parliament in 2016.
NASSAU, Bahamas (BIS)– His Excellency Andrei A. Guskov (right), Non-Resident Ambassador Designate of the Russian Federation to the Commonwealth of The Bahamas, paid a courtesy call on the Hon. Brent Symonette, Minister of Financial Services, Trade and Industry and Immigration, on Friday, February 15, 2019 at the Ministry. (BIS Photo/Raymond A. Bethel, Sr.) Source: Bahamaschronicl