Prime Minister, the Hon. Philip Davis addressed the annual Bahamas Business Outlook event at the Baha Mar Resort on Thursday.
In his presentation to the business community, the Prime Minister addressed the issue of crime. “We still need parents and grandparents to create loving homes. We still need strong and virtuous men to stand up as role models and mentors to offer the power of their example. We still need neighbours and communities who care. Just because the plague of crime is not easily solved does not mean it is unsolvable. This is a battle we must win and it is a battle can win,” he said.
Davis also spoke to the government’s efforts against poverty in the country. He said, “at the end of last year the IMF raised its projections for 2024. We welcomed a record eight million plus visitors in 2023 and we’re building on that success. We have lowered the unemployment rate from historic high levels to a rate not seen since before the 2008 recession. We anticipate that our economy will continue to add jobs this year.”
This is the 33rd year that the Bahamas Business Outlook event has been held.