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News Report: Chamber hopeful govt commitments will alleviate enduring challenges

Written by Paige McCartney, The Nassau Guardian, October 14th, 2021

Bahamas Chamber of Commerce and Employers Confederation (BCCEC) Chairperson Khrystle Rutherford-Ferguson said yesterday the business community is hopeful that the new Davis administration’s initiatives outlined in last week’s Speech from the Throne will alleviate the pain points and challenges that it has been enduring.

In particular, the BCCEC chair said the community is keen to learn more about the government’s promise to introduce measures that will bring immediate relief to businesses, as well as the promise to utilize public-private partnerships to build new government infrastructure, including promised hospitals in the two main cities and the Family Islands, which she said could lead to the hiring of local construction companies and workers.

“In my opinion, the Speech from the Throne proposes initiatives which could have a positive impact on the business community. Over the course of the next few weeks, the BCCEC will seek further details on the proposed initiatives by engaging with the government. This will give the private sector greater insight into the policies that will be used to implement the initiatives proposed in the Blueprint for Change,” she said in a written correspondence.