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The Bahamas has not demonstrated it has a concrete plan to right-size its fiscal ship, leading noted Caribbean economist Marla Dukharan to consistently contend this country needs to enter an International Monetary Fund (IMF) debt restructuring program, in order to reduce the risk of defaulting on sovereign debt repayments, Fidelity Bank Chief Executive Officer Gowon Bowe said yesterday.
Dear Editor, For those of us who are accustomed to Caribbean economist Marla Dukharan’s frequently off-base and usually disproved observations about the nature and prospects of the Bahamian economy, her comments at Tuesday’s RF Economic Outlook were of little surprise. Some of her assertions relative to our supposed over-dependence on tourism were just plain wrong
Lauded Trinidadian economist Marla Dukharan has examined the fiscal affairs of the entire Caribbean for many years and she is well versed with The Bahamas’ many challenges. It stands to reason there are few people outside The Bahamas who know The Bahamas’ economic situation better than she does. However, there are few people than Dukharan
Noted Caribbean economist Marla Dukharan continues to tout the value of The Bahamas entering a debt restructuring program through the International Monetary Fund (IMF), and employing the services of other multilateral organizations like the World Bank, Caribbean Development Bank (CDB) and Inter-American Development Bank (IDB) to get the country’s debt under control. Dukharan, who made