AGP Executive Report
Last update: 2 hours agoGrand Bahama Reform: Prime Minister Philip Davis announced a comprehensive review of the Hawksbill Creek Agreement, saying it will lead to changes in the legal framework governing Grand Bahama. The review will clarify responsibility for services including planning, utilities and environmental protection, while a proposed development council is also part of the government’s plan. Trade Diplomacy: The government appointed Barry Griffin ambassador-at-large for trade and global markets, tasking him with building commercial partnerships and expanding opportunities for Bahamian businesses. Regional Funding: The United States announced a US$340 million Caribbean funding package for projects in energy, ports, critical minerals and digital infrastructure; The Bahamas took part in the regional dialogue, but no country-specific allocation was announced. UN Partnership: The Bahamas and the United Nations signed a 2027–2031 cooperation framework focused on economic opportunity, resilience, social services and tackling crime and violence. Financial Rules: Parliament is debating a bill to ban bearer shares in domestic companies, a move intended to align Bahamian law with international anti-financial-crime standards.
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