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NIF Oversight Explained by Minister Halkitis | Bahamas News
Minister Michael Halkitis is defending the National Infrastructure Fund, clarifying that while it operates under different oversight rules than regular government spending, it’s still subject to rigorous checks and balances. Addressing concerns raised by the opposition, he emphasizes that projects funded by the NIF — which supports critical infrastructure like roads, power, and water — are closely monitored, regularly audited, and held accountable. Established in 2014 with revenue from a small goods and services tax, the fund remains a vital tool for national development, and Halkitis assures…
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