January 24, 2020

Bahamas PM uses Haiti unrest to explain VAT hike

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By Travis Cartwright-Carroll Nassau Guardian From Caribbean News Now NASSAU, Bahamas — As he defended his administration’s increase in value-added tax (VAT) from 7.5 percent to 12 percent, Bahamas Prime Minister Dr Hubert Minnis pointed to recent riots in Haiti over a 50 percent increase in fuel prices mandated by the International Monetary Fund (IMF) […]