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The government of Antigua and Barbuda has recently introduced a series of fiscal oversight measures aimed at improving financial management and transparency.
Eight officials from key departments, including the Ministry of Finance, the Treasury, and the Inland Revenue Department (IRD), presented their monthly fiscal reports to the Cabinet.
This report covers the fiscal performance of the government for January and February 2024.
Under the new measures, all purchases of supplies or services must obtain explicit permission from the Financial Secretary.
Additionally, approval for providers of goods and services is contingent upon their clearance of statutory contributions, including Medical Benefits, Social Security, and Education Levy. Payments to approved suppliers are expected to be processed within seven days to prevent delays.
Suppliers facing payment delays will have access to a designated point of contact within the Treasury for assistance.
An Oversight Committee has been established to ensure that statutory bodies have readily available financial information.
This committee will play a crucial role in enhancing accountability and transparency across governmental entities.
The government has also announced plans to deploy additional Forensic Auditors to examine reports submitted by contractors and suppliers.
These auditors will identify any irregularities or discrepancies in financial reports, reinforcing scrutiny and integrity in financial transactions.
In addition, the Cabinet has determined that amendments to the Customs Service Act will be necessary to clarify the objectives of the new fiscal oversight policy.
These measures are aimed at improving fiscal responsibility and ensuring proper management of public funds.
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“accountability and transparency” – good one!
Scorpion did sang somebody joking. We know who is Finance Minister but who’s the Financial Secretary, Accountant General and Auditor. It seems like Government Funds are handled like they’re privately owned. Where are the CIP Funds? What Bank are those funds deposited? More questions than answers.
The air smell like a rotten corpse. Villains try to deceive the illiteracy sheep’s. When a fish stink,starting from the head.
WHO IS HANDLING THE FISCAL OVERSIGHT OF LIAT(2020)
Gaston and Chet are using (LIAT)2020 ownership to rip off Antiguans and barbudans
Antigua borrows $60 million from Caribbean Development Bank and supplies 4 planes
Air Peace supply 2 planes and buys LIAT hanger and its terminals.
Antigua gets 30% ownership.
Air Peace Gets 70% ownership.
Where is the oversight on this deal structure?
Stop the first class flights.
Stop all the per diem
These are necessary. Minister’s don’t like to Tighten their belts.
It’s funny how crooked leaders are talking about transparency but they are guilty of corruption. They can fool some people but alot of people are awake right now.
Blah blah blah blah blah…..and the cow jump over the moon and the dish runaway with the spoon.
Not transparency,TRANSPARANCY. Ask the DAWG about that word and its meaning.Also PRADACALS,as it relates to PROTOCOLS.
In a kleptocratic gang do you expect transparency and accountability? You mean new measure will be put in place to further hide financial information from the public, so when they say one thing it’s the reverse, Richard lewis question on he and he son renting to antigua government has got to be push further into secrecy, that’s the payout to the pm and his family.
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