By Latrishka Thomas Latrishka.thomas@antiguaobserver.com A magistrate slapped a $1,500 fine on a man who was caught driving 73 miles per hour (mph) on Sir…
Proposal made for one-way traffic on Factory and Old Parham roads antiguaobserver.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from antiguaobserver.com Daily Mail and Mail on Sunday newspapers.
Pandemic continues to send gov’t revenues plummeting
By Orville Williams
With the Covid-19 pandemic reducing government revenue by at least 40 percent, officials from the Ministry of Finance have warned that there are challenging days to come, until the country’s economic fortunes take a turn for the better.
According to this week’s post-Cabinet report, many of the government’s borrowing sources have been “fully exhausted”, while the moratoria granted to the state by local banks will soon come to an end.
The shutdown of the travel and tourism industries for several months undoubtedly played the biggest role in this economic downturn, leaving the administration scrambling to gather resources from all avenues.
The word on the street
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The word on the street is that the ruling Antigua Barbuda Labour Party (ABLP) is conducting polls to gauge the sentiment of the people in a number of constituencies. This is perhaps an early sign that elections are in the offing. Of course, for world-weary and frustrated Antiguans and Barbudans, the next election cannot come soon enough. The people are sorely disappointed, and much disillusionment has set in. This is an administration that was granted a second term with so much promise, but it has produced so precious little.
As you can imagine, the temptation will be there to pin the blame for the shocking underperformance of this administration on the pandemic, but that argument will not suffice. The regime was already running on fumes prior to Covid-19, and with the very first puff from the virus, it was down for the count. Since that time, it has only gone downhill – pensioners are crying out for their monies, as are so many ent
Ministry of Works condemns vandalism of bus shed antiguaobserver.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from antiguaobserver.com Daily Mail and Mail on Sunday newspapers.