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The Bahamas Achieves Major Fiscal Progress, Strengthening its Position as a Stable and Sustainable Financial Partner
- The Bahamas recorded a 0.5% fiscal deficit for the budget year ending June 30, 2025, falling within the government's target range of 0.3% to 0.7%, and improving from a 13.7% deficit in 2021.
- Prime Minister Philip Davis KC, MP, stated that this achievement signals economic stability and responsible governance to international partners.
- S&P Global Ratings upgraded The Bahamas' sovereign credit rating to 'BB-' from 'B+', citing 'strengthened economic performance' and 'sound fiscal management.
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The Bahamas Achieves Major Fiscal Progress, Strengthening its Position as a Stable and Sustainable Financial Partner
NASSAU, The Bahamas, Oct. 13, 2025 /PRNewswire/ -- The Office of the Prime Minister last week announced that The Bahamas achieved a significant fiscal milestone, recording a 0.5% fiscal deficit for the budget year ending June 30, 2025. This result…
Coverage Details
Total News Sources51
Leaning Left3Leaning Right5Center17Last UpdatedBias Distribution68% Center
Bias Distribution
- 68% of the sources are Center
68% Center
12%
C 68%
R 20%
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