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flag The Bahamas closed 2025 with a 0.5% budget deficit, a major improvement from 2021, due to fiscal discipline.

flag The Bahamas ended its 2025 fiscal year with a 0.5% budget deficit, within its target range, marking a dramatic improvement from a 13.7% deficit in 2021. flag The government credits disciplined fiscal management for the progress, which has led to a credit rating upgrade from S&P Global Ratings and a projected drop in national debt to 66.3% of GDP by year-end. flag Prime Minister Philip Davis highlighted the gains as enabling greater investment in public services and infrastructure, while the country strengthens its economic ties with the U.S., U.K., and other partners through a resilient tourism sector and growing financial services industry.

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