Gowon Bowe, president of Fidelity Bank (Bahamas), warns against premature celebration of the fiscal surplus announced by the government. He highlights inconsistencies in the accounting treatment of expenses related to the National Investment Fund (NIF), questioning the reliability of the figures. Bowe calls for an independent audit of the financial reports before drawing conclusions about the country's economic health.
Taxation: the government's surplus of 39.3 million dollars raises doubts
This article was updated at 04:20.