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!)
Another Nail in the Coffin of Saint Lucia’s Farmers under the St Lucia Labour Party
Minister Alfred Prospere’s decision to include farmers on the water prohibition emergency list is yet another nail in the coffin for Saint Lucia’s agriculture sector. This move is particularly disheartening given the recent struggles farmers have faced, including a prolonged shortage of boxes essential for selling and exporting their crops. The impact of these challenges has been devastating, culminating in…
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by Content Manager