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The Tribune

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Volume: 121 No. 249, November 20, 2024

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‘NO PLAN TO RAISE VAT ON IMF ADVICE’ HEARTBREAK FOR ANDROS FAMILY OVER TRAGIC LOSS

Govt urged to raise fees to meet debt reduction targets By RASHAD ROLLE Tribune News Editor rrolle@tribunemedia.net INCREASING valueadded tax, raising water rates for heavy users and collecting patient fees at the Public Hospitals Authority are among the International Monetary Fund’s recommendations to help the government meet its debt

target of 50 percent of GDP by 2031. However, last night, the Davis administration said it has no plans to increase VAT and noted that the IMF’s recommendations align with its previous ones. The IMF, in its latest Article IV consultation statement on The

By JADE RUSSELL Tribune Staff Reporter jrussell@tribunemedia.net ANDY Moxey set out on a routine fishing trip with friends, but the sea he loved so much became the backdrop of tragedy, claiming his life when their boat capsized off North Andros. Candice McPhee, Moxey’s sister, said he had visited her home on Saturday, asking for spare cash to buy drinking water, crackers, and other supplies for the trip. He told her about his plans to go fishing in the Berry Islands later that day.

SEE PAGE THREE

PRESENCE OF JONES FIANCÉE SPARKS LGBTQ+ DISCUSSION By KEILE CAMPBELL Tribune Staff Reporter kcampbell@tribunemedia.net A VIRAL voice note questioning the presence of WNBA champion Jonquel Jones’ fiancée during a school visit in Grand Bahama reignited national discussions on same-sex partnerships in The Bahamas, drawing contrasting

SEE PAGE FIVE

responses yesterday from a leading LGBTQ+ advocate and the president of the Bahamas Christian Council. The voice note, purportedly from a concerned parent, surfaced on social media soon after Ms Jones visited her hometown. The visit became a flashpoint after she was accused of

DEFICIT MORE THAN TRIPLES TO $194M IN FIRST QUARTER

SEE PAGE THREE PRIME Minister Philip “Brave” Davis speaks during the EmpowerMEN Forum at Margaritaville yesterday. Photo: Dante Carrer/Tribune Staff

EmpowerMEN Forum, where he was the keynote speaker. “The issue with wholesalers has a different circumstance. We are looking at it. We are not looking at increasing. We try to find how we could decrease the

THE government’s fiscal deficit for the 2024-2025 Budget year’s first quarter more than tripled year-overyear to $194m with close to one-third of that ‘red ink’ incurred during September. The Ministry of Finance revealed that month’s deficit rose by almost $20m or 44 percent year-overyear to strike $64.7m when compared to the $44.9m incurred in 2023. The expanded deficit was driven by modest slippage on both sides.

SEE PAGE FIVE

FULL STORY - SEE BUSINESS

Davis: No plan for profit margin increase for fuel wholesalers By LYNAIRE MUNNINGS Tribune Staff Reporter lmunnings@tribunemedia.net PRIME Minister Philip “Brave” Davis said the government has no plans to raise profit margins for gas wholesalers. His comment came after FOCOL chairman Sir

Franklyn Wilson said that a recent increase in gas retailers’ margins is unfair to wholesalers. “At this time, we are tackling the structural issues as it relates to the cost of living,” Mr Davis said yesterday on the sidelines of the Small Business Development Centre

By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net

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