The government is not seeking help during this COVID-19 pandemic from global lending institutions such as the International Monetary Fund.
Minister of Finance, Colm Imbert, indicated this in the Senate today. Minister Imbert was at the time responding to a question from
Opposition Senator, Wade Mark.
The Opposition Senator wanted to know whether the Government intends to seek structural adjustment loans/financial assistance from any financial institutions, having regard to Minister Imbert’s February 10, 2021 announcement regarding a revenue shortfall in the first quarter of fiscal 2020/2021.
The Finance Minister revealed what approach the ruling administration will adopt moving forward.
Source: News Power Digital