NASSAU, Bahamas — Business confidence is growing because the Free National Movement (FNM) is viewed as “better managers of the economy and the Government’s finances”, a Cabinet minister said yesterday, The Tribune reported October 11.
Dionisio D’Aguilar, minister of tourism and aviation, told Tribune Business that such perceptions had helped to minimise the value-added tax (VAT) hike’s impact while also dissuading the International Monetary Fund (IMF) from making major cuts to The Bahamas’ short-term growth forecasts.
He added that large Bahamian companies had told him “business is good”, and there was an increasing willingness to invest in the Bahamian economy due to the Government’s efforts to tackle the fiscal crisis and rein in public spending.
In remarks that are sure to infuriate the Progressive Liberal Party (PLP), Mr D’Aguilar said: “I think the perception is that the FNM are better managers of the economy. We’re a bit more prudent, a bit more wiser, more fiscally responsible. We’re managing the economy better, managing the public finances better, and are much more focused on the rudiments of running the economy…”http://www.tribune242.com/news/2018/oct/11/minister-fnm-better-managers-of-economy/
