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The Ministry of Finance is a government ministry of the Bahamas responsible for the care and management of public finances. The development and management of the annual government budget is a major aspect of the ministry's function. [1] Since 1984, Prime Minister of the Bahamas has mostly held the portfolio of Minister of Finance.
Taxation. Taxation in the Bahamas is collected by the Government of the Bahamas. The Bahamas are considered a tax haven given the lack of income tax, capital gains tax, inheritance tax or company tax. [1] Government tax revenue is instead derived from consumption, property and import taxes as well as licence fees. [2]
Hubert Alexander Minnis, ON [1] (born 16 April 1954) [2] is a Bahamian politician and doctor who served as prime minister of the Bahamas from May 2017 to 16 September 2021. Minnis is the leader of the Free National Movement, the former governing party, and the Member of Parliament for the New Providence constituency of Killarney. [3]
Website. www.centralbankbahamas.com. The Central Bank of The Bahamas is the reserve bank of The Bahamas based in the capital Nassau . The bank was established on 1 June 1974 but traces its origins to the currency board established in 1919. [2] The bank carries out the independent monetary policy and supervision of the financial sector of The ...
2. Kevin Peter Turnquest (born August 22, 1964) [1] is a Bahamian politician who served as deputy prime minister and minister of finance from May 15, 2017 [2] to November 25, 2020. [3] He is a certified public accountant. [4] He was the deputy leader of the Free National Movement. He earned his Bachelor of Business Administration from Prairie ...
This is a list of current finance ministers of the 193 United Nations member states, Holy See (Vatican City) and the State of Palestine. Finance ministers of sovereign countries with limited recognition are included in a separate table .
Free National Movement (1990–present) Spouse. Delores Miller. Hubert Alexander Ingraham, PC (born 4 August 1947) is a Bahamian politician who was Prime Minister of the Bahamas from August 1992 to May 2002, and again from May 2007 to May 2012. He is a member of the Free National Movement Party (FNM). Prior to the 2012 election, he was the FNM ...
Philip Edward " Brave " Davis KC MP (born 7 June 1951) [2] is a Bahamian politician serving as the prime minister of the Bahamas since 2021. He was the Member of Parliament (MP) for Cat Island, Rum Cay & San Salvador from 1992 to 1997 and returned to the seat in May 2002, which he still represents. Davis was deputy prime minister to Perry ...