October 23, 2020
The Free National Movement (FNM) issued the following statement regarding the address by Prime Minister Dr. Hubert Minnis:
“While the pandemic that is disrupting the way of life around our globe seems to show no end in sight, our Prime Minister, Dr. Hubert Minnis, is fighting to push our nation forward and overcome any obstacles that stand in our way. It is true that life may be different for some time into the foreseeable future, but the Prime Minister is laser focused on ensuring The Bahamas adapts and evolves to the challenges we face.
“While our friends in the opposition are allergic to participation and shun working together, even through turbulent times, Prime Minister Minnis and his Government are acting to mitigate the financial impact COVID-19 has had on all Bahamians.
“It is clear our FNM Government is working to move the country forward in three critical areas: financial relief, continuing economic development and practical reforms in both Government and commerce. Regarding the first initiative, our Government is working to provide financial assistance for agriculture-based businesses in The Bahamas; the FNM will significantly increase funding to the Small Business Development Centre, providing $250 million to Bahamian-owned businesses over the next five years; and the Government will bring attention to and highlight economic concessions available to Bahamians.
“Next, the FNM Government is streamlining approvals for foreign direct investment. New developments and redevelopments are getting underway. These include over $200 million in capital expenditure for the redevelopment and operation of Prince George Wharf and related areas. ITM and RCCL as a joint venture partnership with HOLISTICA have indicated their intention to carry out their investment in the Grand Lucayan project and redevelopment of the cruise port. With new jobs already created, numerous other housing and infrastructure projects will continue providing work opportunities across The Bahamas.
“Lastly, our FNM Government, under the leadership of Prime Minister Minnis, is working to migrate the business of Government agencies online to be more prepared to meet the demands of the public. Additionally, the Government is working to make this leap in the area of e-commerce, making it more feasible for Bahamians to access material needs online.
“Despite the historic challenges that changed our way of life for the time being, Prime Minister Minnis continues to lead from the front, blazing the way forward for Bahamians during uncertain times. The FNM applauds Prime Minister Minnis for serving all Bahamians throughout this crisis, as we deserve nothing less from our elected leaders.”