top of page

Prime Minister Roosevelt Skerrit has stated that the government's remaining debt is expected to be under $15 million following the distribution of funds to landowners in the Wesley area.

Prime Minister Roosevelt Skerrit has declared that after the disbursement of the earmarked $15 million to landowners in the Wesley area, the government's outstanding debt is anticipated to fall below $15 million. The disbursement is contingent upon the government's financial standing. In response to concerns regarding the country's fiscal health, Skerrit underscored the ongoing construction of the largest infrastructure project in the nation's history as proof of economic resilience.

Skerrit clarified that the allocation of funds surpassing $30 million for the expansion of the Douglas Charles Airport runway played a pivotal role in postponing the repayment of a substantial portion of the government's debt. He highlighted the necessity of these funds for critical infrastructure development, emphasizing their contribution to the overall progress of the nation despite the impact on debt reduction.



 
 
 

Commentaires


bottom of page