Economic Policy

The Government of the Commonwealth of The Bahamas is committed to building an economic environment in which free enterprise can flourish, where the Government assumes its proper role as regulator and facilitator of economic development, and where the ideals of transparency, fair play and equality of treatment are paramount. The government supports a policy that maintains a stable society in which all people are afforded the opportunity to realize their maximum potential.

In this regard, the National Bahamas Investment Authority (BIA) is designed to support an investment friendly climate. It guarantees that Bahamian and overseas investments will complement each other and fosters appropriate linkages with all sectors of the economy, in particular, the tourism and financial services sectors.

It encourages the use of our natural resources in an environmentally sound and sustainable manner; provides for the maximum level of employment, guarantees an acceptable level of economic security and generally fosters the economic growth and development of The Bahamas.