The Antiguan government is providing a guarantee for a substantial EC$168 million loan to support the Antigua Public Utilities Authority (APUA).
This financial aid aims to bolster APUA’s distribution network and undertake critical infrastructure enhancements.
Prime Minister Gaston Browne initiated this effort, initially approved by the Lower House in 2020.
The loan, secured through a consortium of banks led by ACB Caribbean, primarily supports APUA’s Telecoms Unit, driving projects like the Fiber to Home initiative, re-piping, and sub-sea cable installations.
Browne seeks to reduce broadband costs and explore partial privatization of water services through public-private partnerships for increased efficiency.
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Apologies to the late great Ernie Smith’s brilliant Song – Pitta Patta:
🎶🎤 “Mi Say De Money💰 Rain Is Coming Down Pitta Patta … 🎶 Gassy’s Money 💰 Rain Is Coming Down, Me and Fellow Antiguans Holding Tight, And We’re Not Doing Alright, Because His Nonsense Will NEVER Stop …”🎶
🎶 🎤Wheeeeeel and come again, from the man dem call Brixtonian 🎧 .. 🎶
WHAT AH TUNE ERNIE … RIP 🙏🏽
Me ah go sing dis ya tune at the next Karaoke night 😉
http://youtu.be/AK5zOEoRiso?=z0D8NSHx7clvTfll
Caribbean music at its best!
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