From:TheBahamasWeekly.com
Bahamas Junkanoo Carnival Report 2016 Released
By Stirling Strachan, Bahamas Information Services
Sep 28, 2016 - 11:49:11 PM
NASSAU, The
Bahamas -- Mr. Paul Major (at microphone), chairman of The Bahamas National
Festival Commission (BNFC), and other executives released the 2016 Report on
Bahamas Junkanoo Carnival during a press conference on Tuesday, Sept 27, 2016
at the commission's offices, downtown.
The report detailed the financial
impact, insights, marketing and events of the carnival. Stating that the
release of the report is not ‘late’ as some persons would suggest, Mr. Major
noted, "a report of such magnitude would normally take 90-120 days or 3-4
months.
According to
the report, for 2016 Total Expenses were $9,878,155; Total Subsidy $8,110,787; Total
Revenue $1,798,757. Mr. Major said
carnival is not something that is a profit venture; and that it is not a profit
venture anywhere in the world. He
remarked it is the powerful economic multiplier effect for tourism and local
employment that is the benefit. (BIS
Photo)
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