أفغانستان
Bahamas
After posting modest growth of 2.3% in 2002, the Bahamian economy stalled in 2003 (0.2%), despite an expansion in tourism. This was due to the poor performance of the construction sector and reduced financial activity as a result of new legal restrictions established to bring national regulations into line with international standards.
Bahamas
In 2004, economic growth (2.8%) was higher than in the previous year (1.9%), despite the effects of hurricanes Jeanne and Frances, which hit the country in September and caused total damage estimated at 7% of GDP.
Bahamas
Economic growth in the Bahamas rose to 3.4% in 2006, the highest figure in the past seven years, with tourism as the main engine of that growth. Visitor numbers have declined slightly (1%) but demand for real estate from non-residents and investment in hotel complexes boosted construction, which grew by 25%. Higher tax receipts from increased imports and real-estate transactions helped to improve fiscal accounts. Spending rose by almost one percentage point of GDP, for reasons which included preparations for the general election in April 2007, but revenue increased more, by 1.5 points of GDP. Liquidity increased, particularly credit to the private sector, but inflation remained low, close to the United States price index. The balance-of- payments current account deficit almost doubled, and although the surplus on the financial account expanded owing to very strong external capital inflows, it was not enough to make up for the current-account deficit. Net international reserves diminished.
Bahamas
Багамские Острова
No. 38209. United States of America and Bahamas
Agreement between the United States of America and the Bahamas concerning the reciprocal exemption from income tax relating to income derived from the international operation of ships and aircraft. Washington, 26 June 1987 and 16 July 1987
No. 39758. United Nations and Bahamas
Exchange of letters constituting an agreement between the United Nations and Bahamas concerning the Inter-Regional Preparatory Meeting for the International Meeting to review the Barbados Programme of Action for the sustainable development of Small Island Developing States (DIDS), Nassau, the Bahamas — 26th — 30th January 2004. New York, 8 July 2003 and 21 November 2003
No. 39220. United States of America and Bahamas
Memorandum of agreement between the United States of America Department of Transportation Federal Aviation Administration and the Commonwealth of the Bahamas Minister of Transport (with letter of understanding and annex). Washington, 20 December 1988 and Nassau, 17 May 1989
Bahamas
No. 28335. United Kingdom of Great Britain and Northern Ireland and Bahamas
Agreement concerning the investigation of drug trafficking and confiscation of the proceeds of drug trafficking. Signed at Nassau on 28 June 1988
No. 29248. International Bank for Reconstruction and Development and Bahamas
Loan Agreement-Second Technical and Vocational Training Project (with schedules and General Conditions Applicable to Loan and Guarantee Agreements dated 1 January 1985). Signed at Washington on 9 January 1989
Bahamas
The Bahamian economy contracted by 1.7% in 2008, as against growth of 0.7% in 2007. The downturn in major markets, especially in the second half of the year, led to a slump in demand for tourism services and a sharp fall in foreign direct investment (FDI) that dampened construction activity. Real value added in financial services was buoyant in 2008. Reflecting the impact of higher fuel and food prices, inflation leaped far above trend to 4.6%, compared with 2.8% in 2007. One of the knock-on effects of the rapid decline in activity levels in the second semester was a spike in unemployment, which reached 12.1% at the end of December, a far higher rate than the 7.9% recorded in December 2008.
