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Pandemic continues to send gov't revenues plummeting - Antigua Observer Newspaper


Pandemic continues to send gov’t revenues plummeting
By Orville Williams
With the Covid-19 pandemic reducing government revenue by at least 40 percent, officials from the Ministry of Finance have warned that there are challenging days to come, until the country’s economic fortunes take a turn for the better.
According to this week’s post-Cabinet report, many of the government’s borrowing sources have been “fully exhausted”, while the moratoria granted to the state by local banks will soon come to an end.
The shutdown of the travel and tourism industries for several months undoubtedly played the biggest role in this economic downturn, leaving the administration scrambling to gather resources from all avenues. ....

Antigua And Barbuda , Molwyn Joseph , Lennox Weston , Robin Yearwood , Orville Williams , Melford Nicholas , National Asset Management Company , Minister Melford Nicholas , Prime Minister , Deputy Minister , Minister Lennox Weston , Sir Molwyn Joseph , Sir Robin Yearwood , Sunshine Hub , Friars Hill Road , Sir George Walter Highway , Sir Sydney Walling Highway , ஆன்டிகுவா மற்றும் பார்புடா , லெனாக்ஸ் வெஸ்டன் , ராபின் ஆண்டு மரம் , ஆர்வில் வில்லியம்ஸ் , மெல்ஃபோர்ட் நிக்கோலஸ் , தேசிய சொத்து மேலாண்மை நிறுவனம் , அமைச்சர் மெல்ஃபோர்ட் நிக்கோலஸ் , ப்ரைம் அமைச்சர் , துணை அமைச்சர் ,

Cabinet watchdogs


Cabinet watchdogs
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It was with mixed feelings that we heard the news that Cabinet had appointed three ministers to to be part of a sub-committee to keep an eye on LIAT. The sub-committee has been tasked with providing regular updates to Cabinet as to LIAT’s progress, or lack thereof. Yes, since it is our government’s money that is being spent, we think that it is prudent to appoint a LIAT watchdog. Good move! But that’s where the plaudits end. We are mystified at the three persons selected to be Cabinet’s chief LIAT watchdogs – Minister Molwyn Joseph, Minister Lennox Weston and Minister Robin Yearwood. Don’t laugh! ....

Lionel Max Hurst , Molwyn Joseph , Lennox Weston , Robin Yearwood , National Housing , Ministry Of Works , Paynters Development , Denfields Development , Minister Molwyn Joseph , Minister Lennox Weston , Minister Robin , Minister Yearwood , Minister Joseph , Medical Benefits Scheme , Maria Bird Browne , Minister Bird Browne , Watchdog Weston , Minister Weston , Friars Hill Road , Sir George Walter , Ambassador Lionel , Max Hurst , லியோனல் அதிகபட்சம் அவசரம் , லெனாக்ஸ் வெஸ்டன் , ராபின் ஆண்டு மரம் , தேசிய வீட்டுவசதி ,