Financial Market Brief 13 May 2016
The Bahamas’ economy has been contracting for the last two years. This negative growth environment is the prime cause of the government’s relatively high deficit and debt levels as well as the structurally high longterm unemployment rate. The need for growth is urgent and those responsible for creating a robust economic environment must act now to improve the country’s growth outlook. Sustainable, long-term economic growth is not tied to one single large scale investment, but rather a combination of economic factors which include the level of consumer demand, access to credit, an adequately skilled workforce, private business expansion and modern infrastructure. We recommend the following as a starting point to put the country on a path to economic growth and prosperity. Weekly_Market_Recap_13__May-2016 Click here for full Weekly Market Recap

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