Opposition MP in St Lucia says, ‘Should we not be scared?’ after examining government borrowing


Dr Ernest Hilaire

By Melanius Alphonse
Caribbean News Now associate editor
melanius@caribbeannewsnow.com

CASTRIES, St Lucia — In an op-ed published today, opposition Member of Parliament for Castries South, Ernest Hilaire, asks the question “should we not be scared?” after reviewing the level of proposed borrowing by the government of Saint Lucia and the real cost of the Hewanorra International Airport (HIA) redevelopment project.

“Before the sitting of parliament ended though, you got the impression that the government is pushing along a trajectory which they know is fraught with danger but hoping, just hoping that it pays off,” he observed.

According to Hilaire, when added to the projected budget borrowing in the estimates for 2018/2019 (EC$300.6 million), it means…

Read More


320ro

Comments

comments