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Tax structure decision a matter of survival not sovereignty, says top banker

Tax structure decision a matter of survival not sovereignty, says top banker
ewnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ewnews.com Daily Mail and Mail on Sunday newspapers.

United statesNew providenceGowon boweFidelity bank bahamasFidelity bankEyewitness newsஒன்றுபட்டது மாநிலங்களில்புதியது ப்ராவிடெந்ஸ்நம்பகத்தன்மை வங்கி பஹாமாஸ்நம்பகத்தன்மை வங்கிநேரில் பார்த்தவர் செய்தி

A PRECARIOUS SITUATION: Govt will have to make unpopular decisions in upcoming budget, says top economist

Gowon Bowe Bowe: There will be a depressed economic environment for a period of time and our borrowing capacity has been utilized to a large extent “Govt needs to redistribute the wealth…but that’s easier said than done” NASSAU, BAHAMAS The Bahamas government will likely have to make some very unpopular decisions in this upcoming budget, according to a top banker, who urged government not to throw caution to the wind. Gowon Bowe, chief executive of Fidelity Bank (Bahamas), told Eyewitness News that heading into an election year, the government must resist the temptation of political expediency and carefully consider the long-term effects of its policies on the nation as a whole.

New providenceGowon boweRobin hoodFidelity bank bahamasFidelity bankEyewitness newsபுதியது ப்ராவிடெந்ஸ்ராபின் ஹூட்நம்பகத்தன்மை வங்கி பஹாமாஸ்நம்பகத்தன்மை வங்கிநேரில் பார்த்தவர் செய்தி

IN THIS TOGETHER: Bowe urges Bahamians to share responsibility in avoiding COVID lockdowns at all costs

Top economist says either lockdowns or out-of-control virus spread would be “detrimental to the economy” NASSAU, BAHAMAS All Bahamians must bear the collective responsibility of helping to curb the spread of COVID-19 to ensure this nation’s economic revival is maintained, according to a prominent banker. Gowon Bowe, Fidelity Bank (Bahamas) chief executive officer, noted that all-out lockdowns, as well as an uncurtailed spread of the virus, would both be “damning” to the economy. Gowon Bowe. “There is a tipping point, notwithstanding all other factors, that you are going to have to make some decisions,” Bowe told Eyewitness News. “I think the message is that the last resort will be lockdowns. If you look at some other countries UK, Spain, Canada, Germany they re-employed lockdown mechanisms when their numbers started to get out of control.

New providenceUnited kingdomDionisio daguilarGowon boweFidelity bank bahamasUs centers for diseaseAll bahamiansFidelity bankMinister dionisiod aguilarDisease controlபுதியது ப்ராவிடெந்ஸ்ஒன்றுபட்டது கிஂக்டம்நம்பகத்தன்மை வங்கி பஹாமாஸ்எங்களுக்கு மையங்கள் க்கு நோய்நம்பகத்தன்மை வங்கிநோய் கட்டுப்பாடு

DON T MISS THE BOAT: Bowe cautions nation to be prepared to take advantage of tourism revival – Eye Witness News

DON T MISS THE BOAT: Bowe cautions nation to be prepared to take advantage of tourism revival – Eye Witness News
ewnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ewnews.com Daily Mail and Mail on Sunday newspapers.

United statesNew providenceGowon boweFidelity bank bahamasTourism readiness committeeFidelity bankEyewitness newsNorth americaஒன்றுபட்டது மாநிலங்களில்புதியது ப்ராவிடெந்ஸ்நம்பகத்தன்மை வங்கி பஹாமாஸ்நம்பகத்தன்மை வங்கிநேரில் பார்த்தவர் செய்திவடக்கு அமெரிக்கா