Montserrat’s cost of living has been cited as one of the reasons that “it is impossible to get to that trajectory budget support” by HMG.”
Dr. Kato Kimbabwe said at the most recent Governor’s press conference that because of the increasing cost of living on Montserrat and a few other things that needed to be addressed, along with, “The road map which use to be a document that essentially guided their financial relationship between DFID and the government of Montserrat setting out what the budget provisions over the next five years, would have to be rescinded.”
He said that agreement from ministers was necessary to proceed. He said getting to approve the budget that’s set out in our business case, “the process is on the way and normally we agree the budget and agree the business case well before the end of March…it took slightly longer than we had expected…”
Listen to Dr. Kimbugwe’s response to a question on the matter reported above. Click the following: (Gov press conf Apr 18_Kimbugwe on budget delay)