Bahamas national debt tops $13bn, up $1bn in final Davis year

The Bahamas' national debt rose by over $1bn in the last fiscal year of the Davis administration, crossing $13bn and pushing key debt ratios above prior-year levels. The increase reflects persistent fiscal deficits despite lower annual borrowing, signaling continued debt sustainability concerns. The development matters as it may pressure the new government's fiscal policy and affect sovereign creditworthiness.