Tag: COVID 19

Min. of Health The Hon. Dr. Duane Sands reports on the condition of a female that was airlifted from Bimini with symptoms...

Bahamasair wishes to advise the public that in accordance with the recently revised Emergency Powers (COVID-19) (No.2) Order, the airline’s operations will...

Deputy Prime Minister and Minister of Finance stated that last week the Small Business Development Centre rolled out the Government’s $20 million COVID-19 response, targeted to provide loans to small businesses, ranging from $5,000 to $300,000. Approved loans will have a payment grace period of four months. Partnering financial institutions will facilitate the actual loan processing-- to include the vetting of the required information, the approvals, the issuing of funds, and the collection of payments after the four-month moratorium, DPM Turnquest explained as he announced an update on the Government’s stimulus measures in response to COVID-19 in the House of Assembly, Monday, March 30, 2020.

Due to forces entirely beyond their control, thousands of self-employed people who rely on the flow of cruise ship and stopover visitors, are now unable to make a living over the next few weeks Deputy Prime Minister and Minister of Finance the Hon. K. Peter Turnquest said. “As such, the Government has partnered with NIB to design a temporary programme that will provide weekly payments of $200 to persons who meet the eligibility criteria, for a period of up to eight weeks. That is, an eligible person can receive up to $1,600 over the 8-week period,” DPM Turnquest stated as he announced an update on the government’s stimulus measures in response to COVID-19 in the House of Assembly, Monday, March 30, 2020.

Deputy Prime Minister and Minister of Finance announced that last week, the Department of Social Services, the National Insurance Board (NIB) and the Small Business Development Centre (SBDC), using the additional resources allocated by this government administration, rolled out social and economic support programmes. “This means, Bahamians are gaining access to much-needed food assistance and financial support to lessen the economic burden on their households,” DPM Turnquest said as he announced an update on the government’s stimulus measures in response to COVID-19 in the House of Assembly, Monday, March 30, 2020.