The Bahamas may need to tap belkin coque iphone 8 international debt markets as it confronts the steep cost of recovering from the most destructive hurricane ever to hit the islands. coque samsung The government will probably borrow about $500 million in coming coque iphone pink floyd months as it deals with the roughly $3.4 billion in losses and damages from Hurricane Dorian, said K. Peter Turnquest, the Caribbean nation finance and deputy prime minister. The government is weighing options for how it will raise the debt, with some combination of an international bond sale and local coque tommy hilfiger iphone xs borrowing likely, he said. bijoux pas cher Dorian sat over the Bahamas in coque iphone 5s 13 reasons why early September, killing dozens, causing widespread flooding and ripping apart thousands of homes and coque iphone 6s couleur businesses. coque iphone xs winnie The storm aftermath has wrecked the government fiscal plans, as it faces a slowing economy and the costs of reconstructing the islands so they can withstand the types of massive storms that have wrought devastation across the Caribbean in recent years. pure dollar terms this is absolutely the coque iphone blindée worst possible outcome and worst loss that we ever seen, Turnquest said in a telephone interview. is presenting a monumental challenge not only in terms of meeting le roi lion coque iphone xs reconstruction needs and costs but also for rebuilding in a way that is resilient and that will meet the anticipated frequency and severity that is being predicted as a result of this climate crisis. collier argent coque iphone storm destroyed parts of Grand Bahama and coque iphone 6 spigen armor Abaco coque iphone se silicone iphone xs max coque fine blanc islands, which sit about 100 miles east of Florida in the Atlantic Ocean and make up slightly less than a fifth of the tourism dependent $12 billion economy. iphone case A revenue shortfall of about $230 million for the fiscal eleven paris coque iphone year ending June 30 and roughly $300 million in new spending is derailing its plans to cut debt levels. coque samsung coque samsung The country was on a path to reduce debt to 50% of gross domestic product by 2024 from around 59% in 2018 by a steady tightening of budget deficits. coque samsung Now, deficits are widening, and debt is expected to hover above coque iphone rap 60% of GDP until 2024, according to government projections. Despite the disastrous storm, Bahamas debt returned 16.4% last coque iphone 6 tortue year, ahead of the Bloomberg Barclays Emerging Markets USD Sovereign index 13% return, according to data compiled coque iphone 5s pas cher livraison rapide by Bloomberg. The government expects progress in rebuilding damaged areas this year, but it will take about coque carbon iphone xs three survivor coque iphone 6s years before they fully restored, Turnquest said. coque samsung Reconstruction spending and inflows from insurance claims should help boost economic growth. coque samsung A handful of major coque iphone 6 plus cuir rose poudré foreign investment projects remain on track, including a coque iphone 5s beyoncé Disney Island Development Ltd. coque iphone facility worth between $250 coque iphone 4 silicone 3d million and $400 million, and one of Carnival Corporation largest cruise ports, planned for Grand Bahama, according to a government economic coque iphone 5 s personnalisable plan. Still, the government needs more investment and technical assistance to help it rebuild in a way that makes the islands less vulnerable to future storms, Turnquest said. Among other things, it wants to construct coque iphone 7 superwoman infrastructure, renewable energy generation, disaster resistant shelters, and to implement a payment system iphone xs coque design that will leave residents less reliant on cash, he said. coque huawei are looking to the coque iphone chat alice international community not to turn away from this issue but to commit and invest and help us figure this out, he said. coque iphone Photograph: Extensive damage and destruction in the aftermath of Hurricane Dorian is seen in Great Abaco, Bahamas, Thursday, Sept.
