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!)
Saint Lucia SOLD OUT: GPH makes over $4 Million EC in January 2025
The latest figures are in, and they confirm what many feared: Saint Lucians have been sold out by their own government. In January 2025 alone, Global Ports Holding (GPH) raked in a staggering US$1.5 million from cruise passenger fees, while the Saint Lucia Air & Sea Ports Authority (SLASPA) walked away with a mere US$150,000. This disaster stems from a…
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by Content Manager