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Revenues at General Post Office Outperforms Previous Fiscal Period

After undergoing a successful relocation exercise last year, the General Post Office has improved in it's overall performance, this according to Minister of Transport and Local Government, the honorable Renward Wells. Speaking to the revitalization during his contribution to the 2020/2021 budget debate in parliament, the Transport Minister said the move had been a fruitful one.

Legislative Changes On Tap

The Financial Administration and Audit Act is among several pieces of legislation to be amended in the upcoming fiscal year The proposed change would require that all government authorities, companies and corporations that receive more than 50 per cent of their operating budget, produce and submit monthly and quarterly financial statements.

Budget Debate Opens

Debate on the 2021/2022 Budget opened in the House of Assembly today with Deputy Prime Minister and Minister of Finance Peter Turnquest spending some time clearing up what he called misconceptions about how the government intends to put the country back on a path of economic recovery. A key component of that strategy focuses on fiscal consolidation through revenue enhancement and expenditure containment.

DPM Defends No Pay Cut for Parliamentarians

Deputy Prime Minister and Minister of Finance, Peter Turnquest has defended his government’s decision not to slash the salaries of parliamentarians as a cost saving measure as the country grapples with its dire financial strait.

Unprecedented Times Call for an Unprecedented Budget

Deputy Prime Minister and Minister of Finance the Hon. K. Peter Turnquest stated that unprecedented times call for an unprecedented Budget as he presented...