AGP Executive Report
Last update: 7 hours agoEnergy Crisis Fallout: Government and opposition traded blame over Thursday’s island-wide blackout, with PM Philip Davis saying the outage stemmed from a suspected underground cable fault and “acts beyond our control,” while critics argued the grid is still in crisis and asked for more relief for customers. Central Bank Outlook: Central Bank governor John Rolle said growth is still “just under” 3.8% for 2026 and found no measurable economic hit from outages so far, though energy-cost reforms remain key. Healthcare Expansion: The Ministry of Health and Wellness handed over Doctors Hospital Harbourside to the Public Hospitals Authority for urgent care and inpatient services, in a deal valued around $29m. Public Safety & Travel: The U.S. State Department renewed a Level 2 advisory for The Bahamas, stressing violent crime risks and warning about boating and jet ski dangers, including reports of sexual assaults by operators. Marine Enforcement: BahWEN arrested a foreign national for illegal crawfish possession off Exuma and found an undeclared firearm during the operation. Tourism/Business Impact: Hotel and tourism leaders said major resorts can ride out outages with standby power, but smaller operators and domestic businesses are feeling the cost.
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