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The Bahamian economy is almost entirely dependent on tourism and financial services to generate foreign exchange earnings. The Gross Domestic Product (GDP) of the Bahamas is approximately $5.7 billion with tourism accounting for 50%, financial services nearly 20% and the balance spread among retail and wholesale trade, fishing, light manufacturing and agriculture. [9]
The Bahamas on Wednesday outlined the details of temporary price control measures aimed at helping families brave mounting global inflation, saying they would affect 38 key staples, such as eggs ...
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Today on many of the cays people make a living fishing and lobstering. In terms of education, Grand Cay hosts the Grand Cay All Age School, which is located under the Grand Bahama District. The school population varies from 100–115. This was the island of choice of U.S. President Richard Nixon, a friend of Robert Abplanalp, an island resident.
In 2013, the Bahamas Department of Statistics reported a poverty rate of 17.16% in the Out Islands, compared to 12.58% in Nassau and 9.69% in Grand Bahama. [ 13 ] At the beginning of the 20th century, more than 75% of all Bahamians lived in the Out Islands; by the 1970s, two-thirds of all Bahamians lived in Nassau or elsewhere on New Providence ...
Goat Cay is a private island off Darby Island in the Exuma district of the Bahamas. Goat Cay is located somewhat southeast of Musha Cay, an island owned by David Copperfield, and west of Lignum Vitae Cay. [1] (There is also a Goat Cay off Great Exuma Island and off Little Exuma Island, as well as off other Bahama Islands.)
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Matthew Town is the chief and only settlement on Great Inagua Island of the Bahamas. It is located on the southwest corner of the island. It was named after Bahamian Governor George Buckley-Mathew (1844–1849) and first settled during his tenure in office. It has several buildings dating to the 19th century including the 1870 Great Inagua ...