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The Central Bank of the Bahamas has hired BCW to a one-year $2.9M pact to provide government relations and lobbying support to advance the country’s reputation in the US and to support the bank’s policy goals.
The Bahamas had served as the home base of Sam Bankman-Fried, whose FTX cryptocurrency exchange, which was once valued at $32B, collapsed in 2023.
The International Monetary Exchange reported on Feb. 2 that the Bahamas economy is in the midst of a solid expansion, fueled by a strong recovery in tourism in the aftermath of Hurricane Dorian and the COVID-19 crisis.
Though public financing is improving, debt remains high. The IMF said the favorable economic environment “provides space for the authorities to reorient their policy framework toward the pursuit of greater fiscal sustainability, social equity, and climate resilience.”
BCW’S team includes Stefan Bailey, CEO of Prime Policy Group; Dan Doherty, BCW’s EVP—global corporate affairs North American practice lead; and Christian Ferry, EVP—North American corporate affairs.
They report to John Rolle, governor of the Central Bank, which is celebrating its 50th anniversary this year.
BCW, which is part of WPP, is merging with Hill & Knowlton in July to form Burson.
Washington & Madison is designing and coordinating a legislative training and exchange program in the US for members of Liberia’s legislature.
Canada's DC embassy has hired Cogent Strategies to assess the US social media landscape and provide data-driven and actionable recommendations about the best ways to reach targeted audiences to advance its advocacy objectives.
The Williams Group is providing strategic counsel, tactical planning and government relations work for war-torn Sudan.
Arnold & Porter Kaye Scholer is helping the Embassy of Uzbekistan's efforts to attract increased trade and investment in Central Asia’s most populous country.
Cornerstone Government Affairs has signed a six-month agreement to represent Taipei Economic and Cultural Representative Office in the US.
