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!)
10 Things from Saint Lucia’s 2024/2025 Budget which Philip J Pierre doesn’t want you to Know
These are some of the key takeaways from Saint Lucia’s 2024/2025 Budget which Prime Minister Philip J Pierre tried to keep a secret: 1)Saint Lucia is now the slowest growing country in the OECS 2)Inflation in Saint Lucia is the highest in the OECS 3)Agriculture declined by a whopping 17% 4)The School Transportation subsidy has been reduced 5)The Government collected…
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by Content Manager