Bahamas central bank should reduce government debt holdings – governor


The Bahamian central bank should reduce its holding of government debt, governor John Rolle said in a speech on November 20,

Rolle also said the government should relax capital controls, but needed to put measures in place first to build investor confidence.

“The central bank’s forward-looking strategy is to gradually reduce the outstanding lending to the government,” he said.

“The economy has to do a better job of retaining the foreign exchange that it earns,” Rolle said.

“Deficits, when

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: