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The Bahamas
 

 

 


 


Motto: Forward, Upward, Onward Together
Location: An archipelago of 700 islands and more that 2,000 islets spread over a total area of approximately 161,000 square km (100,000 square miles), 80 km (50 miles) off the southeast coast of Florida at its closest point and extending in a 1,200 km (750miles) arc towards the northern edge of the Caribbean Sea. Land size area : 5,353 square miles - 13,939 kilometers.
Geographic coordinates: longitudes 72.35W and 80.30W and latitudes 20.50N and 27.30N
History: The islands were colonized by the English in the 16th century and was a British Crown Colony from 1717 until internal self-rule in 1964. It gained independence on 10 July 1973.
Elections: Last elections were held May 2, 2002. 
Ruling Party: Progressive Liberal Party (PLP)
Major Political Parties: Free National Movement (FNM) and Progressive Liberal Party (PLP)
Economic Summary: Tourism is the mainstay of the economy, accounting for approximately 50% of Bahamas Gross Domestic Product (GDP).  The industry is oriented mainly towards short-stay visitors and is concentrated in Nassau and Grand Bahamas.  There is a strong offshore financial services sector which contributes an estimated 7% to GDP.  There is a container trans-shipment port on Grand Bahamas, as well as some export manufacturing.   Agriculture is limited to about 3% of GDP.
Airport: Nassau International & Freeport
Status: Independent 10 July 1973
Capital: Nassau, on the Island of New Providence.
Government:  The Bahamas has a Parliamentary system of Government with a 16 member appointed Senate or Upper House and a 40 member elected House of Assembly or Lower House. Elections are held every five years. The major  parties being the  Free National Movement (FNM) and the  Progressive Liberal Party (PLP).
Head of State: Her Majesty, Queen Elizabeth 11
Governor General The Honourable Dame Dr. Ivy L. Dumont, D.C.M.G, D.P.A
The Prime Minister The  Hon. Perry Christie  M.P.  Prime Minister
Population: 305,000 (2000 census)
Currency: Bahamian dollar
Per Capita GDP B$ 15,774 ( 2000 est.)
Total Exports: B$535.8 million (2000 est.)
Total Imports: B$1,881.8 million (2000 est.)
Gross Domestic Product: B$5 billion (2000 est.)
Major Industries: Tourism and Financial Services
Language: English
Business Hours: Commercial: 09:00 hrs-17:00 hrs Monday to Saturday.  Government:   09:00 hrs-17:30 hrs Monday to Friday
National Holidays: New Year's Day (01 January); Good Friday; Easter Monday; Whit Monday; Labor Day (02 June); Independence Day (10 July); Emancipation Day is observed the first Monday in August. Discovery Day (12 October); Christmas Day (25 December); Boxing Day (26 December)

Holidays that fall on Saturday or Sunday are observed on the following Monday

Date of CARICOM Membership: 4 July 1983
National Anthem: March on Bahamaland

Lift up your head to the rising sun, Bahamaland;
March on to glory, your bright banners waving high.
See how the world marks the manner of your bearing!
Pledge to excel thro' love and unity.
Pressing onward, march together to a common loftier goal;
Steady sunward, tho' the weather hide the wide and treach'rous shoal
Lift up your head to the rising sun, Bahamaland;
'Til the road you've trod lead unto your God, MARCH ON, BAHAMALAND!

(Words and music by Timothy Gibson)

Highest National Award: Governor General Award
Favourite Dish: Peas n rice with meat or fish.

updated May 2002

 

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