Nassau, Bahamas -
The Free National Movement is deeply
saddened and disappointed that 2,000 Bahamians have lost their jobs at Baha
Mar.
These layoffs confirmed our worst
fears that the manner in which the Christie led Government interfered in the
conflict between two private entities would result in an unfortunate outcome
for both the development and the Bahamian people. These losses come at a time
when unemployment is at all-time high in New Providence (15%), Grand Bahama
over 17% and among youth over 31%. Furthermore, these losses are during a time
when the economy is reeling from the impact of Hurricane Joaquin and
experiencing a sluggish economic recovery.
The circumstances also highlight the
fact that the Provisional Liquidators have not made sufficient progress in the
negotiations with relevant parties and the Prime Minister's self-imposed
deadline appears now likely to not be met trigging another round of traumatic
and disruptive actions. Additionally, we note the Prime Minister’s unilateral
discussions that were touted as successful but the reality yielded no positive
results yet again.
Our thoughts are with the former
employees, their families and thousands of other Bahamians who are now
adversely affected particularly as we approach the holiday season.
Although there is a feeling of
doom and uncertainty, the FNM is comforted in knowing that the Bahamian spirit
of resilience and relentless passion will rise.