public finance
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‘The Government Broke’: Leacock Lays Bare SVG’s Deepening Cash-Flow Strain
Deputy Prime Minister St. Clair Leacock says “the government broke,” describing delayed creditors, cash-flow strain and difficulty finding counterpart funds.
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Government Books $52.7 Million From Chatham Bay Sale as Deficit Narrows
The government has confirmed selling Chatham Bay on Union Island for $52.7 million, the main reason its mid-year deficit fell from $125M to $58M.…
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JetBlue’s $10 Million Bill: The Numbers Must Come Before Politics
Government says it inherited a JetBlue liability above $10 million. Vincypowa News asks what was owed when the NDP took office and what accrued…
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DEVCO, the Development Bank, and the History SVG Should Remember Before Creating Another One
St. Vincent and the Grenadines has travelled this road before. A Vincypowa News review of records from the IMF, IFAD, the Auditor General and…