Guyana Extends Oil Block Auction Deadline

Black Immigrant Daily News

News Americas, GEORGETOWN, Guyana, Thurs. April 13, 2023: Guyana, a small country in South America, has recently extended the deadline for its oil block auction due to the high level of global interest. The auction has now been extended to July 15, 2023.

This extension is seen as a strategic move to attract more potential bidders to participate in the auction. Guyana has become a major player in the oil and gas industry since the discovery of large oil reserves off its coast in 2015. This has led to a surge in interest from international oil companies looking to tap into the country’s oil wealth.

Guyana’s Ministry of Natural Resources released a statement, saying, “Given the unprecedented level of interest shown by the international community, we have taken the decision to extend the period for the submission of bids to allow for additional time for interested parties to prepare their bids.”

The country has already awarded nine oil blocks to companies such as ExxonMobil, Hess, and CNOOC since 2015. The auction of 13 new blocks is expected to generate billions of dollars in revenue for the country and further strengthen its position as a significant player in the oil and gas industry.

With the global energy market transitioning to renewable energy sources, the country’s oil reserves have become a valuable asset for Guyana’s economic growth. The government is keen to ensure that the auction process is transparent and competitive to attract the best bids for the country’s benefit.

The extension of the oil block auction deadline is a positive move for Guyana, as it allows for more interested parties to participate in the auction. With the high level of global interest and the potential for billions of dollars in revenue, the auction is a significant opportunity for the country’s economic growth and development.

NewsAmericasNow.com

This Dancehall Grammy-Winning Star Is Coming To South Florida

Black Immigrant Daily News

News Americas, FORT LAUDERDALE, FL, Fri. April 8, 2023: Legendary Jamaican dancehall deejay, Shabba Ranks, is coming to the Miramar Cultural Center this May.

Ranks, born Rexton Rawlston Fernando Gordon, has been instrumental in gaining prominence for reggae and reggae-influenced music. He was the first reggae artist to win back-to-back Grammy Awards.

His string of hits throughout the 80’s and 90’s include: “Mr Loverman,” “Housecall,” (with Maxi Priest) “Slow And Sexy,” (with Johnny Gill) “Trailer Load A Girls,” “The Jam” (with KRS One). He will perform at the Miramar Cultural Center – Theatre on May 1st from 8 p.m.

Tickets from USD 52 dollar with tax and can be bought etix.com/ ticket/online/performanceSale.do?method=removeAllSeats

NewsAmericasNow.com

The Penn Relays Returns For The 127th Running

Black Immigrant Daily News

News Americas, NEW YORK, NY, Fri. April 7, 2023: The countdown is on to the 127th running of the Penn Relays Carnival, set for April 27-29 at the University of Pennsylvania’s historic Franklin Field.

Jamaican athletes will again take to the field, to continue the long tradition of rivalry with US athletes. At the 2023 Penn Relays, Grace Foods will sponsor 8 championship races, including the High School Girls’ 4×100 & 4×400 Championship of America; the High School Boys 400m Hurdles Championship; the High School Boys’ 4×100, 4×400, Distance Medley and the 4×800 Championship of America; as well as the College Men’s 4×200 Championship of America.

“We are happy to continue our sponsorship of the Penn Relays, which spans over a decade,” said Andrea Coy, CEO of GK Foods International. “The Relays offer our athletes well-needed international exposure, and the opportunity to engage with athletes, coaches and volunteers from across the region. It also gives Grace Foods the chance to exhibit our products and engage with our consumers who attend the event from all across the United States.”

Team Jamaica Bickle, founded by Jamaican immigrant, Irwine Clare, Sr., OD, also returns to cater to the food, shelter and other needs of Caribbean athletes. 2004 Olympic sprint relay gold  medalist  Aileen  Bailey  will  be  the  team  Jamaica  Bickle  honoree  at  the  2023 Penn  Relays. TJB’s ‘Labour of Love’ fundraising luncheon to support the group’s work at Penn is set for Crest Hollow Turnpike in Woodbury, NY on April 16th. Get tickets or donate at teamjamaicabickle.org/.

The Penn Relays is the oldest and largest track and field competition in the United States, hosted annually since April 21, 1895, by the University of Pennsylvania at Franklin Field in Philadelphia.

The Penn Relays presented by Toyota will be live-streamed every day on Flotrack at flotrack.org/live/50267-2023-penn-relays-presented-by-toyota.

Purchase single day tickets at https://pennathletics.evenue.net/events/PRS.

NewsAmericasNow.com

Caribbean Travel News And Deals

Black Immigrant Daily News

News Americas, NEW YORK, NY, Thurs. April 5, 2023: Here are the top Caribbean travel news and deals this week in 60 seconds.

Is your US passport expired? You may need to give yourself a lot of time if planning to travel to the Caribbean this summer. The Department of State says routine processing will take 10-13 weeks and expedited processing, which costs an additional $60, will take 7-9 weeks. These new processing times only apply to new applications submitted on or after March 24.

Canada is still warning nationals to avoid all travel to Haiti and to exercise a high degree of caution if travelling to Guyana, The Bahamas, The Dominican Republic, Jamaica or Trinidad and Tobago due to crime in those countries.

JetBlue now offers daily direct flights to Nassau, Bahamas, from LaGuardia International Airport in New York. Travellers will reach the destination in just over three hours.

British Airways has launched a new weekly nonstop flight service from London Gatwick (LGW) to Port of Spain (POS) on Sundays, Tuesdays, and Thursdays.

Jimmy Buffett’s Margaritaville Hotels and Resorts is now in Belize. The hotel brand has opened its newest Caribbean resort, the Margaritaville Beach Resort Ambergris Caye, Belize. For more, visit Margaritaville Beach Resort Ambergris Caye Belize.

The countdown is on to the Anguilla Culinary Experience 2023 (ACE), set for May 3rd to 6th in Anguilla. This year the even will welcome guest chefs Jennifer Carroll of Spice Finch of Philadelphia, PA, and Top Chef USA fame; Daniele Lippi of 2 Michelin-starred Acquolina in Rome, Italy; four-time James Beard Award Winner David Waltuck of New York; and Anthony Rose of Toronto, Canada’s Fat Pasha and Fet Zun Camp.

Save on Spring and Summer Getaways at Caerula Mar Club, located on South Andros in the Bahamas. The Club is offering guests who book three or more nights a 10% discount. Those making reservations for four or more nights will receive a $200 credit to apply to excursions or food and drinks. The booking window is now through 30 April 2023, for travel until 31 July 2023. Book HERE

And fly from Fort Lauderdale to Punta Cana in the Dominican Republic from May 26 to June 1 and stay at the Iberostar Punta Cana – All Inclusive for less than $680 per person. Book HERE

NewsAmericasNow.com

Everything You Need To Know About Immigrating To The United States

Black Immigrant Daily News

News Americas, NEW YORK, Thurs. April 6, 2023: Immigration to the United States has been a long-standing way for many people to enter the country as permanent residents to start a new life. In fact, there were around 286,000 noncitizens who obtained lawful permanent residence in the fourth quarter of 2022 alone, according to the Department of Homeland Security. For many people around the world, the American Dream is alive and well, and learning everything there is to know about immigrating to the United States can help them to start building a new life.

What is Immigration?

For those unfamiliar with the term, immigration refers to the action of coming from another country to live permanently in a foreign country. Generally, a person immigrates to a new country from their birth country, though they could be coming from a country that they were not originally born in. There are a variety of reasons for why a person may consider immigration, with the most notable being:

Employment or educational opportunity

Economic or societal conditions in their former country

Reuniting with long-lost family

Environmental factors

When a person immigrates to the United States, they either do so lawfully or illegally. When immigrating illegally and not taking the proper steps to be allowed in the country, a person can be deported. However, lawful immigration is quite possible and can be done with the use of a Visa.

What is a Visa?

All a U.S. Visa represents is permission to travel through a port of entry to the United States through some type of border crossing. However, there are two primary types of visas that could be given dependent upon your reason for visiting the country: immigrant and non-immigrant visas.

Different Types of Visas to Consider

Non-immigrant visas are some of the most common, with a Visitor Visa B being the predominant type. This Visa is given to people who are staying for an extended period of time in the country for vacation, seeking family or friends, or for those who are seeking medical attention.

On the other hand, an immigrant Visa comes in a number of different forms, with the most notable being:

Family Based Visas: For qualifying family members of U.S. citizens or lawful personal residents, a family-based Visa may be issued.

Employment Visas: Those working for an extended time or permanently in the United States may be awarded an employment Visa.

Adoption Visas: Those adopting children located outside the U.S. may be granted adoption Visas.

Special Immigrant Visas: Former U.S. government employees or other special categories may be eligible for this type of Visa.

Diversity Visas: An annual program offered by the United States in which a small number of Visas are awarded to qualifying individuals from countries with low rates of immigration to the U.S.

Steps Involved with Immigration to the United States

The process of entering the United States can be confusing for immigrants, but there are a few primary steps a person can follow:

Apply for the applicable Visa based on your situation

Show valid travel documents once you enter the country

Present your passport from your country of origin as well as your approved Visa

Enter the country, but leave before your Visa expires to avoid consequences

Becoming a Permanent Resident or Citizen of the U.S.

In some instances, it’s common for an individual to wish to remain in the United States permanently, which essentially completes the process of immigration. To do so, however, you will need to acquire a Green Card (permanent residency) and optional citizenship. Here is the general process to keep in mind:

Determine if you qualify for a green card with the help of an accredited immigration attorney who can evaluate your case

Hold onto your green card for five years (or three years if you have a U.S. citizen as a relative)

Submit a formal application and pay fees

Complete an interview that tests basic English and American history

Take the Oath of Allegiance to the United States

Receive your proof of citizenship

Change your life through immigration today

While immigration may not be the right choice for everybody, it is for millions of people around the world. Immigrating to a new country is a daunting and challenging experience, but it is an experience that can also be extremely rewarding. After you have successfully become a permanent resident, consider taking the steps towards becoming a full-fledged citizen to earn more rights if you qualify for citizenship.

NewsAmericasNow.com

Reggae Artist Protoje For Free South Florida Performance

Black Immigrant Daily News

News Americas, FORT LAUDERDALE, FL, Thurs. April 6, 2023: Jamaican Reggae star Protoje will be in the house this April 16th at the magnificent ArtsPark in downtown Hollywood, Florida and the concert will be free. The show will start at 7 p.m.

The free concert is part of the Hollywood Arts Park Experience series produced by the Rhythm Foundation for the City of Hollywood. Concertgoers are invited to bring a lawn chair or a blanket to enjoy live music with friends and family.

Protoje remains at the forefront of this movement. Born Oje Ken Ollivierre in Saint Elizabeth, Jamaica to singer Lorna Bennett and a former calypso king Mike Ollivierre of St. Vincent and the Grenadines, the GRAMMY-nominated artist creates a contemporary sound by blending hip-hop, R&B, soul and rock into his native genre of roots reggae and dancehall.

Among the most popular Caribbean artists recording and touring today, Protoje is known for his balanced musicianship and collaborations, fueled by his resident beatsmith and collaborations with top hitmakers and major name artists. RSVP at eventbrite.
com/e/protoje-at-hollywoodartspark-experiencetickets-53826418165

NewsAmericasNow.com

The Future of Sports Betting in Latin America

Black Immigrant Daily News

News Americas, NEW YORK, NY, Mon. April 3, 2023: In the big scheme of things, Latin American countries represent a massive market for the online sports betting industry to tap into. For starters, millions of people that live in these regions are rabid sports fans. While mainstream sports like football, basketball, and baseball attract the most attention, Latin American nations also enjoy a vast array of small-market sports such as volleyball, polo, and field hockey.

It helps that internet penetration has increased with about 70% of people in these regions now having access to online casinos, sports betting sites, and new horse racing sites UK and LatAm experts recommend. Perhaps the most major concern is the lack of regulation. However, this problem is being addressed in many regions.

Which Latin American Countries Have Embraced Regulating Sports Betting?

Colombia was among the first South American countries to modernize gambling laws. A 2015 partnership between the government and the state monopoly Coljuegos resulted in online betting companies being allowed to offer their services to Colombians. Of course, operators must pay a 16% tax on their gross earnings which helps finance the nation’s healthcare system. To nobody’s surprise, business is booming. As an aside, Peru appears to be close to doing the same type of thing although the current political situation is slowing progress.

Quite possibly the most successful Latin American sports betting model is the one introduced in Argentina in 2018 and implemented in 2021. They seem to be following the same type of strategy that has been so successful in regions like the United States. Rather than being regulated by the national government, the country’s 23 provincial governments along with the city of Buenos Aries regulate gambling in their respective realms. There are now about 125 registered gambling sites operating in the country.

Of course, we can’t forget about Costa Rica which has been “regulating”, and we use the term loosely, online gambling for decades. The diminutive nation is home to around 450 online gambling sites. However, Costa Ricans are still prohibited by law from participating in most forms of gambling online and on land.

Then there’s Brazil which has banned most forms of gambling since 1946. While they might be a little late to the dance, Brazil recently made a grand entrance by announcing that the country would allow online operators to open shop on its soil. This is quite a coup for online betting companies as they now have access to another 200 million people. It is expected that Brazil’s regulated sports betting market could have an annual worth of more than a billion dollars by 2025.

Other Latin American countries that either have regulated online sports betting or appear to be headed toward a regulatory environment include:

Uruguay

Venezuela

Peru

Panama

Nicaragua

Mexico

Chile

Where is Sports Betting in Latin America Headed?

One of the main driving forces behind regulated online sports betting is money. Pure and simple. Cash-strapped governments are always looking for ways to generate more money, and the online gambling industry is one of the lowest-hanging fruits. One only has to look at the United States which had some of the strictest anti-online gambling laws in the world until it suddenly and unexpectedly changed direction a few years ago. Those revenues are simply too hard to pass up even if online sports betting comes with certain downsides.

The future of legal online sports betting in Latin America is bright. With over 420 million people in South America alone, betting companies are licking their lips at the prospect of entering the market. As you have seen, many Latin American governments have already embraced those companies and the revenues that they bring with them. It’s a good bet to say that other Latin American countries will inevitably follow suit.

But it isn’t just the various governments that benefit from legal sports betting. We must also consider that regulated markets are much safer and fairer for Latin Americans who engage in sports betting. They know that regulated sites must adhere to high standards and operate with integrity. Bettors are far less likely to fall victim to scam sites that do dishonest things like refusing to pay players their winnings.

NewsAmericasNow.com

Ziggy Marley Accuses Sea Salt, A Luxury Villa In Ocho Rios, Of Discrimination Because He’s Jamaican. They Respond.

Black Immigrant Daily News

The content originally appeared on: DanceHallMag

 

Ziggy Marley — the eldest son of Reggae icon Bob Marley and an eight-time Grammy Award winner — has accused a luxury villa in Jamaica’s North Coast of discrimination.

Marley, who recently wrapped up filming of the Paramount Studios Bob Marley biopic on the island, said he attempted to book the Sea Salt Villa at Old Fort Bay in Ocho Rios last month, but, according to the singer, the owner allegedly refused because he “does not rent his property to Jamaicans.”

However, when DancehallMag contacted Sea Salt for a response to Ziggy’s allegations and to confirm whether or not Jamaicans are blacklisted from staying at the property, a manager said the singer’s account of the matter was “absolutely inaccurate” and that he is still welcomed to stay at the villa on the condition that he follows their rules.

Ziggy had discussed the matter with Kabu on Irie FM this morning on a “The Africa Forum: Running African” program titled “The Privatization Of Jamaica’s Beaches.”

According to the singer, he could now relate first-hand to the discrimination many Jamaicans have complained about, as similar treatment had been meted out to him.

“We even face it wiself.  Becaw me face it di odda day.  Meck mi tell yuh weh mi mean.  Mi a try rent a place – wi come Jamaica, wi a work pon di movie- Trench Town, Jungle Bull Bay all ova.  Enjoy di time, hard work suh wi finish dat now, an mi seh mi family come, mi wife come, mi yute dem come,” said Ziggy.

Ziggy Marley, his wife Orly Agai Marley, and their children. Photo: Kristin Burns / Courtesy of Tuff Gong Worldwide

“Suh mi find a nice place, a like villa someweh fi enjoy some beach life and what have you.   Old Fort Bay right yah suh, a Ochi a place name Sea Salt, a likkle villa name Sea Salt.  Only fi find out seh di man seh, when him hear seh a we, him seh him naw rent di place to no Jamaican,” Ziggy added.

He continued: “Mi a seh, wait a wha kind a place wi a live inna?  A discrimination… Yuh si even though mi a Ziggy Marley, mi still nuh roll inna certain circles.  My circle dem still deh inna di roots.  Suh dem still feel seh bwoy if dem rent Ziggy Marley a place, maybe some a di roots or suppm.”

Sea Salt has disputed Marley’s comments, revealing that the singer’s mother Rita Marley and her family had stayed at the property earlier this year.

“The villa was just rented to Rita Marley and her family a month ago who had written glowing reviews about their stay at the property,” the villa’s manager said.

A copy of the written testimonial, which was signed “The Marleys,” was provided to DancehallMag.

Sea Salt also explained that “the only strict policy that the villa has always communicated and kept consistent with is that there are no outside visitors allowed during a rental.”

“The villa’s homeowners have already communicated through Ziggy’s agent that they would welcome Ziggy and family if our standard rule is strictly followed,” they noted.

Built in 2007, Sea Salt offers a 5-bedroom main house on the beachfront, two 2-bedroom cottages, a butler, chef, housekeepers, and various luxury features. 

Their website reveals that the rates range from USD $29,000 to $44,000 for a 7-night stay. 

Sea Salt Villa in Old Fort Bay

During the radio program, Ziggy said it is untenable that Jamaicans are being discriminated against in their own country, and consequently, he will be joining hands with persons and groups battling to eliminate the problem.

He said discrimination must not be tolerated, but nevertheless, he was happy that he had experienced it himself, so he can now take necessary action.

“Mi glad mi have the experience caw now mi know.  Mi tell dem seh mi glad, becaw now mi know.  Mi experience it now, suh mi can deal wid it now in a different level,” he said.

“Listen, Jamaicans are being discriminated against in dem own country… by a certain class… I don’t know what it is but we are being discriminated against.  And wi can’t stand fi dat.  This is our country. How yuh a discriminate against we so we can’t do this or we can’t do dat?”

“Even though me can pay, you still a discriminate gainst mi.  Fi wha?  Caw mi a Jamaican?  No man. Dat caan work,” he added.

The Tomorrow People singer said that some constitutional amendments are necessary to ensure that the rights of Jamaicans are fully protected.

“What a gwaan a Jamaica nuh right.  Wi haffi change di constitution.  Wi haffi give the Jamaican people rights.  Wi fight fi di rights – Paul Bogle, Marcus, Sam Sharpe, Nanny mi faada.  Wi fight fi dis country, you know…,” he said.

“Yuh si, independence without rights is not independence.   Freedom without rights is not freedom. Suh wi haffi have rights fi guh wid di freedom weh wi seh wi get, fi guh wid di independence weh wi seh wi get, or else wi nuh have nuttn,” he added.

Update: Ziggy responded to this story, writing in an Instagram comment on Sunday evening: “Unuh know me naah lie. Why would I? We have the witnesses and the evidence. Dem try to whitewash it now. They know the truth and so do I as well as those who witnessed and pleaded with them about their disgraceful policy.”

He continued: “I was more than willing to follow dem rules. It’s a disgrace how they think about Jamaicans as if we don’t have any class or respect. I found another place that was cool with a Jamaican renting their villa.”

“We have to stop the discrimination against Jamaicans in Jamaica. Hopefully, Sea Salt will no longer have a policy of no Jamaicans allowed. We must test dem and see.”

Follow us for daily Dancehall news on Facebook, Twitter and Google News.

 

NewsAmericasNow.com

Christian media group steps up fight against LGBTQI push in Jamaica

Black Immigrant Daily News

The content originally appeared on: Caribbean News Service

The Association of Christian Communicators and Media (ACCM) has expressed concern about what it says is a renewed push by lesbian, gay, bisexual, transgender, queer, and intersex (LGBTQI) activists and others to force changes to the Jamaican Constitution as it relates to the buggery law and the prohibition of abortion.

The Christian advocacy group, which compromises media workers and owners from across the region, asserted that repeal of the buggery law and legalisation of abortion in Jamaica will undermine the family, endanger the nation’s children and attack “godliness”.

The ACCM will be hosting an information forum on Good Friday, April 7, under the theme: ‘Man + Woman = God’s Perfect Plan’.

The forum will be held at 4:00 pm at the Freedom Come Tent on the Spanish Town Bypass in St Catherine. The event will also be aired on MTM TV and streamed on online platforms.

According to ACCM First Vice-President Reverend Basil Hanson, it is now common for people who renounce or oppose the LGBTQI lifestyle to face backlash or be blacklisted.

He argued that the Christian community should remain resolute in its stance that homosexuality is an abnormal behaviour.

“God made man and woman, male and female, and that is what we are promoting and we stand by that,” said Hanson as he noted that there has been a growing acceptance of the homosexual lifestyle globally.

Jamaica is one of six countries in the Americas and the Caribbean which have not legitimised same-sex sexual activities and according to ACCM, the country has been coming under immense pressure from gay rights activists to repeal the buggery law, despite several polls indicating that Jamaicans are not in support of such a move.

The overwhelming majority of Jamaicans polled by Bill Johnson in the two latest polls commissioned by the Jamaica Observer said that the law making sex between two men punishable should not be changed.

Strong support for the buggery law emerged from the polls conducted March 12-15, 2020 and July 9-12, 2020 by the veteran pollster among 1,200 voting-age Jamaicans across the country.

The polls had a sampling error of plus or minus 2.5 per cent. The March poll was not published due to the outbreak of the novel coronavirus in the island.

Section 76 of Jamaica’s Offences Against the Person Act makes buggery punishable across the board, with a penalty of imprisonment for up to 10 years, with hard labour.

When the pollsters asked Jamaicans to state whether the law should be changed or not, 93 per cent of respondents in both polls said no.

Support for amendments to the law totalled a mere three per cent in the March poll and five per cent in the July survey.

Against that background, the ACCM said, “We will not relent from our principled position that our children will not be coerced into accepting these practices as normal. Our very vulnerable education system is a prime target for this anti-God lifestyle. We are firm in our resolve that this must be resisted by the Christian Church through the power of Jesus Christ of Nazareth.”

Hanson believes the church community should be more vocal in asserting its stance, which is based on the Word of God. He is also concerned that more people of affluence and influence are adopting the secular view that an individual’s gender can be neutral.

“We have to save our children, because if we allow this to begin to permeate in the schools, we are in big trouble. We would have failed the next generation,” he stated.

He called on religious leaders to make their voices heard outside of the four walls of the church halls as the family comes under attack.

“Most people will not say anything, even though they do not agree with it, but the truth is, if you do not say anything, you are quietly supporting it, even though you are not,” said Hanson.

According to the ACCM, the forum is intended to provide vital information about the advance of the LGBTQI agenda and the efforts of foreign governments and international organisations to influence the policies of the Government of Jamaica. The organisation will also celebrate the family as the divinely created order established by the Creator.

The forum will also address the issue of abortion, which remains illegal in Jamaica except in some cases of medical emergency.

According to Section 72 of the Offences Against the Person Act, anyone found guilty of having or facilitating an abortion could be arrested. However, there have been calls in recent times for the abortion laws to be relaxed.

The ACCM is calling on the Christian churches to be united and stand together for righteousness and the ultimate prosperity of the Jamaican people and the nation.

Donate At Caribbean News Service, we do not charge for our content and we want to keep it that way. We are seeking support from individuals and organisations so we can continue our work & develop CNS further.

 

NewsAmericasNow.com

St. Lucia’s Government proposes billion dollar budget for new fiscal year

Black Immigrant Daily News

The content originally appeared on: Caribbean News Service

The St. Lucia government says it intends to spend an estimated EC$$1.856 billion (One EC dollar=US$0.37 cents) during the 2023-24 fiscal year, promising to restore the social and economic fundamentals, necessary for growing the economy.

Prime Minister Phillip J Pierre has tabled the Estimates of Revenue and Expenditure and debate on the fiscal package is continuing here on Friday.

But he told legislators that the COVID-19 pandemic and its debilitating effects on the economic and social landscape of the country has left many persons poorer and, in some cases, “destitute.”

“We will increase the allocation towards poverty reduction. My government intends to provide relief to those persons through the continuation of our many social programs and by collaborating with social partners, committed to providing relief to those people.”

Pierre said that in support of his administration’s plans for economic expansion, the government intends to create an enabling environment for businesses to expand and be profitable.

“In the upcoming financial year, my government will be rolling out a number of programs and initiatives to support MSMEs, (Micro, Small, and Medium Enterprises) empower the youth through the Youth Economy Agency, ensure the benefits of tourism are islandwide through the Community Tourism Project, provide for food security through the Blue Economy and diversification of the agricultural sector.”

He said the budget is estimated at EC$1.856 billion with EC$1.442 billion to be spent on

Recurrent Expenditure, EC$302.14 million on Capital Expenditure, EC$218.93 million on interest payments, and EC$112.25 million on principal payments.

The government is anticipating revenue to be EC$1.558 billion comprising of tax revenue of EC$1.260 billion, non-tax revenue of EC$153.0 million with EC$7.6 million going towards capital revenue and EC$147.04 million in grants.

Pierre said that the statisticians are predicting a further increase in the gross domestic product (GDP) for the calendar year “as GDP is projected at approximately six billion dollars n as compared to EC$5.5 billion in the current financial year.”

Donate At Caribbean News Service, we do not charge for our content and we want to keep it that way. We are seeking support from individuals and organisations so we can continue our work & develop CNS further.

 

NewsAmericasNow.com