In an effort to provide the public with more frequent information on its economic surveillance activities, the Central Bank of The Bahamas has decided to release monthly reports on economic and financial sector developments in The Bahamas.

The Bank monitors these conditions as part of its monetary policy mandate, to assess whether money and credit trends are sustainable relative to levels of external reserves required to protect the value of the Bahamian dollar and, if not, the degree to which credit policies ought to be adjusted. The main data source for this surveillance is financial institutions’ daily reports on foreign exchange transactions and weekly balance sheet statements.

Therefore, monthly approximations may not coincide with calendar estimates reported in the Central Bank’s quarterly reports.

The Central Bank will release its Monthly Economic and Financial Developments report on the Monday following its monthly Monetary Policy Committee Meeting.

Future Release Dates:
2011: April 4, May 2, May 30, July 4, August 8, August 29, October 3, October 31, November 28, December 19.

To get the full January 2011 report download/view the PDF here.