During his presentation of the 2003/2004 Budget to the House of Assembly on Wednesday, Prime Minister Perry Christie said despite the upheavals of the past two years, financial services continue to represent the second largest sector of the Bahamian economy, with contribution to GDP estimated at 15%. He pointed out, "The sector provides some of the highest paying jobs, and growth opportunities for a number of associated sectors including the legal and accounting professions."
Enhancing Competitiveness
Recapping developments within the sector during the 2002/2003 fiscal year, the Prime Minister said efforts to enhance the competitiveness of the financial services sector focused on a number of important areas, including:-
