The Bahamas are preparing to hold early parliamentary elections on May 12, Prime Minister Philip Davis announced, amid a worrying rise in the cost of living in the Caribbean archipelago.
The head of government specified that Parliament would be officially dissolved on April 8, before the formal call for elections the following day. Originally scheduled for mid-October, these elections were brought forward by several months, a sign of a tense political and economic climate.
This announcement comes on the same day that authorities decided to abolish value-added tax (VAT) on unprepared food products. This measure aims to ease the burden on households, as the country is among the most expensive in the world in terms of cost of living, according to data from the Numbeo website.
In response to this situation, Philip Davis called for national unity during the election period, emphasizing that political differences should not overshadow the country's common interest. The election is expected to be crucial for the economic and social direction of the Bahamas in the years to come.
The issue of purchasing power is expected to dominate the campaign, as many residents struggle to cope with rising prices for basic necessities. The government hopes its recent measures will ease the pressure on households.
These early elections represent a major political test for the current executive, which will have to convince voters of its ability to manage current economic challenges while ensuring the stability of the country.
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