Premier Meade Assures Public that new Hospital will be Equipped
Premier and Minister of Finance the Honourable Reuben T. Meade has confirmed that the new hospital will be equipped once completed. Speaking at a public meeting in Salem he announced that the government will allocate 5 million dollars as funds become available. This is in addition to 4 million dollars which were already allocated. Premier Meade told the audience that the government is unable to reduce taxes on fuel as the funds are needed for purchasing this critical equipment for the hospital. He said the Ministry of Health “will have the funds to provide the critical equipment and then later on in the year depending on how the budget is going, we will be in a position to provide the rest of the money.” Premier Meade responded to claims that the government is collecting additional fuel taxes, saying “yes, we have to collect the additional taxes because that’s where the money is going to come from. So, if you give off the taxes in terms of fuel subsidies, as you and your team have been proposing, we would not be able to generate those additional funds.” He says Montserrat cannot afford to follow other islands like Antigua which were “subsidizing fuel to the tune of I think either $1.50 or $2.50 per gallon. It is now costing [them] $40 million in lost revenue which [they] cannot afford. Montserrat cannot go along that line. We follow prudent fiscal management here in Montserrat and in spite of all the criticisms you and your team may wish to make, we will continue prudent fiscal management.”
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