During today’s sitting of Parliament, Prime Minister Philip J Pierre will do the following borrowing:
1)$10 Million US
2)$80 Million EC for the National Lotteries Authority: He did this a few weeks ago, why is he coming back with this same loan? Something is fishy!
3)$64.1 Million EC in Government bonds
4)$477.3 Million EC in bonds and treasury bills will be reissued!
This means that Philip J Pierre would have borrowed more in the first 5 months of 2024 than he did for the whole of 2023!
(In 2023 he borrowed $380 Million!)
Wake up St Lucia!
By James Stanislaus How much more do we want to know about the people running our country before we decide to take punitory action against them for their misdeeds? Do we intend to remain as quiet as mice until the house collapses? St Lucia is a small island state with limited sources of income, but lately, we have witnessed a…
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by Content Manager