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The Bahamas Local Government Act of 1996 is a piece of legislation of the Bahamas.. In 1996, the Bahamian Parliament passed "The Local Government Act" to facilitate the establishment of Family Island Administrators, Local Government Districts, Local District Councillors, and Local Town Committees for the various island communities.
Local government in the Bahamas exists at two levels: 32 districts and 41 towns. The boundaries of districts are defined by the First Schedule of The Bahamas Local Government Act 1996 (as amended by law and declarations of the Minister responsible for Family Island Affairs), [1] [2] defined with reference to parliamentary constituency boundaries.
The Bahamas is ranked 7th out of 29 countries in the South and Central America/Caribbean region, and its overall score is higher than the regional and world averages. Total government spending, including consumption and transfer payments, is relatively low. In the most recent year, [when?] government spending was 23.4% of GDP.
The Ministry of Finance is a government ministry of the Bahamas responsible for the care and management of public finances. The development and management of the annual government budget is a major aspect of the ministry's function. [1] Since 1984, Prime Minister of the Bahamas has mostly held the portfolio of Minister of Finance.
The number of Ministers from the Senate is limited to three. In addition the Prime Minister and the Minister of Finance are required to be members of the House of Assembly. The functions of the Cabinet entail the final determination of government policy, control of government activities and coordination of government Ministries and Departments.
Government spending can be a useful economic policy tool for governments. Fiscal policy can be defined as the use of government spending and/or taxation as a mechanism to influence an economy. [13] [14] There are two types of fiscal policy: expansionary fiscal policy, and contractionary fiscal policy. Expansionary fiscal policy is an increase ...
The basis of the Bahamian Law and legal system lies within the English Common Law tradition. Justices of the Supreme Court, Registrars and Magistrates are all appointed by The Governor-General acting on the advice of the Judicial and Legal Service Commission, which is composed of five individuals who are headed by the Chief Justice as their chairman.
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