Bahamas gov't defends decision to use dormant accounts to fund disaster emergencies

Bahamas gov't defends decision to use dormant accounts to fund disaster emergencies

NASSAU, Bahamas, CMC – The Bahamas government is defending its decision to table legislation aimed at transferring funds from dormant accounts to the country’s Disaster Emergency Fund, saying that conservative estimates suggest that over 40 per...

Parliamentarians debate resolution to transfer $17 million from Dormant Accounts to Disaster Emergency Fund

NASSAU, BAHAMAS — Parliamentarians are today debating a resolution authorizing the transfer of $17 million from the Dormant Accounts Fund into the national Disaster Emergency Fund. The move aims to strengthen the Bahamas’ ability to respond swiftly to hurricanes and other natural disasters. Prime

Prime Minister Philip Davis's Contribution on a Resolution to Transfer Funds from Dormant Accounts to the Disaster Emergency Fund

Madam Speaker, As a nation, we are uniquely vulnerable to climate change. We contribute so little to the problems of the world, and yet we suffer the most dire consequences. Conservative estimates suggest that over 40 per cent of our national debt exists because of climate change, not because of mismanagement, not because of poor […] The post Prime Minister Philip Davis’s Contribution on a Resolution to Transfer Funds from Dormant Accounts to th…