{"id":192352,"date":"2023-12-16T11:44:23","date_gmt":"2023-12-16T15:44:23","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=192352"},"modified":"2023-12-16T11:44:23","modified_gmt":"2023-12-16T15:44:23","slug":"antigua-pm-browne-announces-fiscal-resilience-oversight-committee-to-include-opposition-rep","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/antigua-pm-browne-announces-fiscal-resilience-oversight-committee-to-include-opposition-rep\/","title":{"rendered":"Antigua PM Browne announces Fiscal Resilience Oversight Committee to include opposition rep"},"content":{"rendered":"
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BUDGET 2024:<\/strong> Within a matter of weeks, we will establish the Fiscal Resilience Oversight Committee as contained in the Fiscal Resilience Guidelines.<\/p>

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This Committee will comprise up to seven members, drawn from the public and private sectors and will include Antigua and Barbuda\u2019s country economist at the ECCB.<\/p>\n

The Committee\u2019s mandate is to assess and report on the Government\u2019s compliance with the general fiscal responsibility principles outlined in the Fiscal Resilience Guidelines.<\/p>

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Since the matter of fiscal sustainability cannot be treated as partisan, we will invite the Leader of the Opposition to recommend an individual to serve on the Fiscal Resilience Oversight Committee.<\/p>

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Mr. Speaker, the additional revenue generated through the measures mentioned above will ensure improved service delivery and better infrastructure.<\/p>\n

We have also allocated $15 million in the budget to advance implementation of our arrears clearance strategy. While we intend to remain current with creditors and suppliers, we recognize the need to develop and execute a credible strategy to reduce arrears.<\/p>

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It involves negotiating new financing terms with some creditors \u2013 a process that has already begun.<\/p>\n

For local suppliers and contractors, we will employ a combination of setoffs with the tax authorities, write-offs where appropriate, cash payments, and issuance of bonds.<\/p>

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\"\"<\/a><\/div>","protected":false},"excerpt":{"rendered":"

BUDGET 2024: Within a matter of weeks, we will establish the Fiscal Resilience Oversight Committee as contained in the Fiscal Resilience Guidelines. This Committee will comprise up to seven members, drawn from the public and private sectors and will include Antigua and Barbuda\u2019s country economist at the ECCB. The Committee\u2019s mandate is to assess and […]<\/p>\n","protected":false},"author":3,"featured_media":192315,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-192352","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nAntigua PM Browne announces Fiscal Resilience Oversight Committee to include opposition rep - Antigua News Room<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/antiguanewsroom.com\/antigua-pm-browne-announces-fiscal-resilience-oversight-committee-to-include-opposition-rep\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Antigua PM Browne announces Fiscal Resilience Oversight Committee to include opposition rep\" \/>\n<meta property=\"og:description\" content=\"BUDGET 2024: Within a matter of weeks, we will establish the Fiscal Resilience Oversight Committee as contained in the Fiscal Resilience Guidelines. 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