The government coffers realised EC$1.25 million less in April than in 2019, notwithstanding the COVID-19 pandemic, Prime Minister Ralph Gonsalves said on NBC Radio on Wednesday.

“So we did fairly,” he said but was not as optimistic about the economic performance in May.

“May is probably not going to be as good compared to May last year but we are trying to hold our own,” Gonsalves said.

“Of course, things would have been far worse if we had done the lockdown and everything what the opposition was urging us to do,” he said.  

“In their madness you know, one of the things they want, in order for them to succeed, St. Vincent and the Grenadines must fail, but we ain’t going allow St. Vincent and the Grenadines to fail in order for them to satisfy their mad craze for power, that is to say, of the opposition.”

The prime minister said that a significant number of capital projects are ongoing, including some out of the EC$74 million supplementary estimates that Parliament approved in April.

2 replies on “Gov’t coffers ‘did fairly’ in April; May not looking so bright”

  1. I have to agree with the PM this time. Although his macro economic philosophy is very terrible, he made very few mistakes during this Covid-19 crap. In fact, he did excellent and the opposition has egg on thier faces.
    However, if we want to maintain our economy and hopefully improve it, the PM will have to possibly work with the opposition in LOWERING KEY TAXES to promote growth or totally dump his usual measures.

    The one thing I have to commend the PM on is that he DID TEMPORARILY lower or suspend some taxes instead of his usual “Government first” attitude when it comes to economics. They still are taking the vast majority of all the money exchanged in SVG but at least it is not everything.

  2. The great(in his own eyes)Ralph Gonsalves savior(in his own view)of SVG. You[Ralph Major Jackass Gonsalves] are the person who is wacko with your record for abuse of power you liar, alleged rapist and certified economics-idiot. Who in their right mind could ever believe a word you say? Misleading people all day long now look what you have become. Do you practise in the mirror at home before you come out with those soundbites? The coo-coo R Gonsalves idiot PM of SVG.

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