To ensure accountability and good governance, Premier Andrew Fahie has said bi-monthly reports will be part of the measures that will be implemented to go along with government’s promised economic stimulus package.
The package is to assist businesses and residents who have been affected by the Novel Coronavirus Disease (COVID-19) pandemic.
Premier Fahie said the Financial Secretary, Glenroy Forbes, will be tasked to instruct the relevant ministries, statutory bodies and public corporations to implement the ‘Immediate Relief Package’, and for each to submit the reports twice a month to his office.
“Cabinet also decided that the Financial Secretary, in collaboration with the applicable ministries, statutory bodies and public corporations will develop a phase-two economic and social response programme guided by the economic stimulus component of the policy paper, which programmes are to be submitted to the Minister of Finance within 30 days for presentation to the Cabinet,” Fahie said while addressing the nation last Wednesday, April 15.
The policy paper is a reflection of government’s strategic response to the COVID-19 pandemic. It will serve as the interim framework to guide the government’s social, economic and fiscal response to the immediate and short-term needs of the territory.
The premier said that while he is aware that persons are eagerly waiting to hear of the economic response, the details will be ‘fully discussed’ with the public shortly.
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