Tag: Loan

Opposition Leader Hon. Allen Chastanet writes to Prime Minister Philip J Pierre regarding concerns about the $80 Million Government guarantee to the National Lotteries Authority

On March 26th, 2024, I officially wrote to Prime Minister Philip J Pierre regarding major concerns with respect to the approval by Parliament of the Guarantee provided to the National Lotteries Authority (NLA) to secure a loan in the amount of $80 million from 1st National Bank Saint Lucia Limited to assist with the financing of a youth and sports…