Fitch highlights Bahamas’ debt reduction efforts amid possible increase in borrowing needs

NASSAU, BAHAMAS — The Bahamas’ borrowing needs could ultimately be slightly higher than outlined in its latest Annual Borrowing Plan, as Fitch Ratings forecasts the government will record a small fiscal deficit during the 2026/2027 fiscal year, despite continued efforts to strengthen public finances and reduce debt.

Fitch said the government’s borrowing plan highlights ongoing […] ...