Term Slug
member

Gov’t could be left with multimillion-dollar AIDS fight

ST JOHN’S, Antigua – Permanent Secretary within the Ministry of Health Edson Joseph has suggested, as international agencies withdraw funding, the government will soon be left with a multi-million dollar bill to fight HIV and AIDS. “Most of the funding agencies, the Global Fund, Clinton Foundation, they are gradually withdrawing the assistance we got and probably within another four years, we will see HIV programmes will have to be sustained by the government,” Joseph said. The health permanent secretary said he expects costs to gradually increase for the government here.

St. Kitts-Nevis PM to chair Commonwealth group on debt

BASSETERRE, St. Kitts, CMC – Prime Minister Dr. Denzil Douglas will chair a Commonwealth high level mission on small states debt as developing countries to seek to deal with the impact of the global economic and financial crisis, Commonwealth Secretary Gerneral Kamalesh Sharma announced Tuesday.
Sharma, who is ending a two-day visit to the twin-island Federation, told a news conference that the mission, whose other members were not disclosed, will meet in Washington in October for talks with officials of key international financial institutions and other stakeholders.

Bid for $1 billion more

BRIDGETOWN, Barbados - For the fourth time in five years, Government has gone to Parliament seeking an increase in the amounts of Treasury bills and Tax Certificates it can issue. Minister of Finance and Economic Affairs Chris Sinckler introduced a resolution at yesterday’s sitting of the House of Assembly to raise the limit from $1.75 billion to $2.75 billion Sinckler said the move was necessary “during this time of economic challenge”. In 2008 the limit was raised to $1 billion, in 2010 it went to $1.2 million and it was again increased to $1.75 billion in November of 2011.