« Reforming the Bahamian Energy Sector | Main | Fuel Margins and the Montague Mess »

March 18, 2011

Comments

Eddie Dieufaite

One of the things we need to stop doing is labeling Bahamasair as unprofitable and BTC as profitable. Once an entity is owned by the government it is not a "for profit entity". The two entities differ only in the manner in which they collect revenues. One is able to collect it directly from the Bahamian people and the other collects it from the people via the treasury. What people label as BTC profit is in fact a telecommunication tax that BTC collects on behalf of the government. Some of that telecommunication tax makes it way to the consolidated fund every year.

The comments to this entry are closed.

Become a Fan

Welcome

  • Bahama Pundit is a group weblog that publishes the work of top Bahamian commentators. We welcome your feedback. You may link to this site but no material may be reproduced without permission.

Email this blog

Global Village

  • Global Voices Online - The world is talking. Are you listening?

Site Meter

Blog powered by Typepad
Member since 09/2005

Enter your email address:

Delivered by FeedBurner