A Call for the Government of Montserrat to Set a Threshold to Cushion the Effects of Oil Prices on the Public

An outspoken economist and financial analyst is calling on the government to use a different approach to tackle the inflation effects on residents of a small island state like Montserrat.

Using fluctuating oil prices as an example, Peter Queeley says the government of Montserrat needs to set a threshold to say once oil prices go above a certain level, it will intervene to cushion the effects on the public.

Peter Queeley