FROC wants to see repeal and replacement of FRA 18 August 2021 The current members of the Fiscal Responsibility Oversight Committee want the government to take the necessary legal steps to have ...
FROC: Covid-19 can have lasting effects on economy 8 July 2021 Vaccination of more than 50% of the population may take until the third quarter of the year, which could perhaps ...
Covid-19 measures had Government seeking “repurposing approvals” to redirect funds 2 February 2021 Government enforced the Escape Clause in the Fiscal Responsibility legislation as part of temporary measures to deal with the negative ...
Two protective measures in Fiscal Responsibility Act activated to legally finance 2021 Budget 2 December 2020 Government will be invoking Section 10 otherwise called the Escape Clause, and Section 8(3)(f) of the Fiscal Responsibility Act.
Richard Duncan to demit FROC chairmanship 20 August 2020 Richard Duncan, appointed in 2016 by the Governor-General as the first Chairman of the Fiscal Responsibility Oversight Committee will demit ...
Covid-19 protection measures reduce government income by 50% 6 August 2020 When the Estimate of Revenue and Expenditure was prepared for 2020, government could not factor in the impact of Covid-19 ...
Minister Joseph hopeful goodwill prevails in pension negotiations 21 December 2018 “Minister Joseph said government had honoured its commitment to restore pension, paying more than $7 million to 56 workers earlier ...
2019 Budget Statement 21 November 2018 The 2019 Budget Statement comprising 5 reports, was presented by Dr the Rt Hon. Keith C Mitchell Prime Minister and ...
Senator Redhead rejects hiring private firm to conduct actuarial study 20 November 2018 “Senator Redhead rejects the announcement to hire a private firm to conduct an actuarial study for pension and gratuity payment.”
Public workers to remain home to calculate 2% gratuity offer 13 November 2018 The PWU believes the government is in a position to pay the 25% but continues to further put pressure on ...