12 July 2016 - Business View Caribbean
Opening
Lines
Bahamas and IDB Identify Reforms
to Promote Innovation, Transparency
and Improved Service Delivery
The government of The Bahamas and the Inter-
American Development Bank (IDB) jointly organized
a seminar on “Innovation, Transparency and Service
Delivery.”
Keynoting the seminar, the prime minister of The
Bahamas, Perry Christie, emphasized: “Given the
harsh economic climate, we cannot afford the lux-
ury of not maintaining tight control of the manage-
ment of the peoples’ funds. More critically, we must
be able to account for how that money is spent, so
that all can understand what it was spent on, why
the vendor was chosen and the expected benefits
to be gained from that allocation.”
In recent years, The Bahamas has made important
progress towards consolidating a national develop-
ment plan, which is known as Vision 2040, in re-
sponse to a global context signaled by economic
slowdown, citizens with new and growing aspira-
tions, and the need to strengthen the confidence
of Bahamian citizens in their public institutions. But
the key issue is how to move from commitments to
actual implementation.
And that’s why experts from the IDB’s Department
