Small island nations like the Bahamas that rely heavily on tourism revenue have experienced particular challenges when it comes to their post-pandemic recovery. However, development strategies based on sustainable approaches – including green, blue and orange economy initiatives – have the potential to generate reliable sources of revenue and value addition in the years ahead. Tourism will continue to be the Bahamas’ leading economic sector, but with support from international financial institutions and banks, policy- and decision-makers have the capacity to strengthen linkages to existing and innovative economic activities, allowing the country to create significant multiplier effects for businesses and communities alike.
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